Making internalization theory good for practice: The essence of Alan Rugman's contributions to international business
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Not all assets for recombination are within the boundaries of the MNE; some are owned and controlled by other firms, while others may be location-bound and associated with specific innovation systems.
“Not all of these assets are within the boundaries of the MNE. Some of these FSAs are owned and controlled by other firms, while others may be location-bound, and associated with the specific innovation systems”
From Innovation in and from emerging economies: New insights and lessons for international business research (2021) · cites this paper as Narula & Verbeke, 2015
The principal limits on corporate globalization, when endogenous, generally stem from bounded rationality, bounded reliability, and failure to build an organizational setting that supports value creation; these worsen as geographic and product scope expands.
“The main constraints on corporate globalization have been documented in a large and wide-ranging literature, and to the extent that these constraints are endogenous, they can usually be reduced to challenges of bounded rationality, bounded reliability, and the inability to create an organizational context conducive to value creation in its entirety, all of which become exacerbated as the firm”
From The future of international business research on corporate globalization that never was… (2018) · cites this paper as Narula & Verbeke, 2015
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References 118 · Cited by 179
- Authors
- Narula, R., & Verbeke, A.
- Affiliations
- University of Reading (GB)
- Vrije Universiteit Brussel (BE)
- Corresponding author
- Narula, Rajneesh
- Venue
- Journal of World Business
- Publisher
- Elsevier BV
- Published
- 2015-10
- Volume
- 50
- Issue
- 4
- Pages
- 612-622
- ISSN
- 1090-9516 (ISSN-L)
- OpenAlex
- W1897282884
- Cited by
- 179
- References
- 118
- Citations by year
- 2026: 14 · 2025: 23 · 2024: 20 · 2023: 22 · 2022: 18 · 2021: 13 · 2020: 20 · 2019: 17 · 2018: 10 · 2017: 13 · 2016: 7 · 2015: 2
- FWCI
- 29.88
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of World Business (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- VUBIR (Vrije Universiteit Brussel) (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › International Business and FDI
- Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
- Social Sciences › Business, Management and Accounting › Management Information Systems › Outsourcing and Supply Chain Management
- Keywords
- internalization theory, transaction cost economics, resource-based view, regional strategy, national competitiveness, public policy, strategic management, international business theory
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