"While originally the eclectic paradigm helped bring together and compare mainly economic theories of International Business (IB), today its greater value is as a framework that has the potential to enable us to relate to one another IB theories derived from ideas taken from different...

The concepts of asset co-specialization and dynamic capabilities have been instrumental in furthering the organization and strategy scholarship agenda, but have so far had limited impact to the theory of the MNE and FDI. In addition, the role of entrepreneurial management in orchestrating...

The internalisation theory of the Multinational Enterprise (MNE) explains MNE decisions to make/buy and/or ally, based on market and intra-organisational (firm/hierarchy) transactions costs. The theory focused on a limited set of categories, actors and sources of transaction costs and has...

Corporate governance is a recent concept that encompasses the costs caused by managerial misbehavior. Corporate governance is concerned with how organizations in general, and corporations in particular, produce value and how that value is distributed among the members of the corporation, its...

We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...