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...