The Internet has the potential to improve the efficiency of market transactions. By use of the Internet companies can reduce their search costs significantly and increase their ability to respond flexible to new market opportunities as a result of reduced sunk costs. On the basis of...

In this paper we examine a range of effects of the Internet on international business development following the collapse of speculation and hype surrounding the ‘Internet bubble’ in the recent past. Internet effects are considered by focusing on different dimensions of firms’...

A key element of the internationalization process theory of the firm is the incremental accumulation of knowledge and skills regarding foreign markets and international operations in general. However, studies of internationalization patterns have tended to focus on foreign operation mode (or,...

In this article, the shift into international franchising from other forms of operation, rather than the typical home market franchising base is explored. The focus is international retail franchising, based on a study of the Danish clothing and footwear industry. In this study it was found that...

In this paper we use longitudinal data from a sample of Danish exporters in order to investigate the dynamics of export organization. Building on previous research, we model such decisions as an interplay between various switch inducing (motivators) as well as switch impeding(costs) factors. We...

India’s software industry presents the case of an internationally competitive high-tech industry from a developing economy. This paper takes the evolution of the industry in terms of human capital accumulation. The initial stock of human capital in India led to entry of TNCs, which triggers a...

Twenty-five years ago the business theorists at the University of Uppsala in Sweden assigned knowledge a key role in their explanation of firms’ internationalisation. Firms’ learning – or, acquisition of knowledge - about foreign markets was pointed out as being determining not only the...

Much has been written about how international firms create and sustain firm-specific advantages that offset their liability of foreignness. Less attention has been devoted the question of how international firms reduce their liability of foreignness. It is the contention of this study that...