volume 22, issue 3, P227-245 2014
DOI: 10.1108/mbr-06-2014-0022
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Peter J. Buckley

Abstract: Purpose – The purpose of this paper is to review the key analytical principles of internalisation theory as a general theory of the multinational enterprise (MNE). It illustrates the vitality, relevance and flexibility of the approach in explaining the continued evolution of the MNE. As a grounded social science theory, it provides, in combination with history and economic geography, satisfying and novel explanations of the key phenomena of the modern globalising economy. …

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