Purpose The purpose of this paper is to extend the purview of internalisation theory in understanding the global allocation of resources in different institutional contexts. Design/methodology/approach Theoretical extensions of internalisation theory are proposed in response to a comment....

Purpose – The purpose of this paper is to review the key analytical principles of internalisation theory as a general theory of the multinational enterprise (MNE). It illustrates the vitality, relevance and flexibility of the approach in explaining the continued evolution of the MNE. As a...