Commenting on Jones and Khanna, we suggest that international business (IB) needs simultaneously maturing theory and on-going rigorous empirical work. We advocate careful data collection and develop solid theory based on the rich empirical information. The difficulty in the process is the...

A systematic cross-country analysis of e-commerce activity reveals that although physical infrastructure explains much of the variation in basic Internet use, e-commerce activity also depends significantly on a supportive institutional environment. Chief among the characteristics of such an...

This paper examines countertrade using standard economic theory. We show that in many circumstances countertrade is a rational response transaction costs, information asymmetry, moral hazard-agency problems, and other market imperfections. This paper also integrates countertrade into...

Recent economic data reveal that, at the infant stage, China's outward foreign direct investment (FDI) is biased towards tax havens and Southeast Asian countries and are mostly conducted by state-controlled enterprises with government sanctioned monopoly status. Further examination of China's...

Journal of International Business Studies (2003) 34, 101–107. doi:10.1057/palgrave.jibs.8400022

We examine relationships between firm performance and changes in international presence in five medical sector industries between 1978 and 1989, conditioned on the international status of the industries and the market position of the firms. International expansion was necessary for survival when...