Models of speed of internationalization have been built on narrowly defined resources, emphasizing the intangibles over the tangibles and relying on controlled resources while overlooking nonterritorial ones. We build an integrative model for both MNEs and SMEs, using four determinants of speed...

While the mainstream economics over stresses the roles played by institutions defined as formal rules and organizations, current cultural models tend to be over-subjective, focusing on values system only. We draw from accumulated choices – marginal choices conditional on partial sums of...

While the mainstream economics over stresses the roles played by institutions defined as formal rules and organizations, current cultural models tend to be over-subjective, focusing on values system only. We draw from accumulated choices – marginal choices conditional on partial sums of one's...