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ab April 2004
Letzte Nummer: September 2011
[Content not included in vLex Global Academic]
Jahr 2006
Process Perspectives in International Business Research in Cee1
Internationalization processes have been a core interest of international business research since the seminal contribution by Johanson and Vahlne (1977). The unique context of economic transition in (Central and Eastern Europe) CEE directs the attention to dynamic aspects of these processes, and to the interaction with changing environmental conditions. This introductory paper reviews the contributions of recent CEE research, and this special issue in particular, to advance the understanding ...
This paper starts from the observation that the internationalisation process (IP) model frequently is interpreted as a model of risk reduction in the internationalization of the firm. The dominating view of the model seems to be that commitment is the dependent variable and experience is the independent variable. A basic assumption of the original model, however, is that opportunity development is an important outcome of commitment. The purpose of this note is to articulate this relation, whi...
Firms entering transition markets are typically ignorant about those markets, and the markets, owing to the transition from a planned to a market economy, are typically turbulent. Consequently the entry process involves discoveries that could not have been predicted in advance. This paper distinguishes between three types of activity that form part of the entry process, namely search, routines and improvisation, and it discusses how they relate to operative and strategic discoveries made and ...
Emotions and Foreign Direct Investment: A Theoretical and Empirical Exploration
Emotions are largely absent in economic models. Possibly for this reason, many theories fail to explain the actual decisions made by managers. Therefore, the authors integrate emotions with regular microeconomic theory. They focus on foreign direct investment (FDI) decisions, and include both economic and emotional variables in our analysis of the firm's decision-making process. In their theoretical analysis, emotions are included in a utility maximization model that considers not only the ut...
Mnes' Strategies in Central and Eastern Europe: Key Elements of Subsidiary Behaviour
At the center of the interface between the developmental needs of national industry and evolutionary processes in the MNEs' subsidiaries are knowledge-seeking and knowledge-generation processes. Based on new survey evidence, the authors examine the strategies of MNE in Central and Eastern Europe (CEE). In particular, they investigate the knowledge characteristics of MNE subsidiaries in CEE by analyzing the roles of subsidiaries, market orientation and sources of technology over time. Initiall...
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