Recent studies view the phenomenon of 'born global' firms as a contradiction to the stages theory. This paper shows that the internationalization process of 'born global' firms may be characterized by gradual increased commitment to foreign markets, albeit not necessarily according to the...

The paper demonstrates how the scope of the internalization hypothesis can be extended by an explicit consideration of knowledge transfer costs and requirements. The paper outlines three important routes for advancing the internalization hypothesis: one is by adding a dynamic dimension to the...

We present a discrete choice model that analyses the location and control dilemmas of internationalising firms. The model relates simultaneously to a foreign market and to a foreign resource abundant country, and distinguishes between costs of performing specific value adding activities, costs...