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Insights Into the Future of International Business

In: Standing on the Shoulders of International Business Giants

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  • Yair Aharoni

Abstract

IN 2002, BUCKLEY ARGUED THAT past IB research has succeeded because it focused on three big research questions: (1) How to explain the flows of foreign direct investment (FDI), (2) How to explain the existence, strategy, and organization of multinational enterprises (MNEs), and (3) How to understand and predict the internationalization of firms and the new developments of globalization (Buckley, 2002: p. 365). He concluded that “the IB research agenda is stalled because no such big question has currently been identified” (Buckley, 2002: p. 370). Buckley & Ghauri (2004) elaborated on the question of globalization as a possible next big question for IB research. Peng (2004) argued that the next big question should be “What determines the international success and failure of firms around the globe?” Perhaps another big question is the ways and means nation-states can cooperate to create a global regime…

Suggested Citation

  • Yair Aharoni, 2024. "Insights Into the Future of International Business," World Scientific Book Chapters, in: Arie Y Lewin & Ravi Ramamurti & Elizabeth L Rose (ed.), Standing on the Shoulders of International Business Giants, chapter 5, pages 31-41, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811287510_0005
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    More about this item

    Keywords

    International Business; Internationalization; Strategy; Service Economy; Start-Up High-Technology Companies; High-Technology; Managerial Decision-Making; Business Education; State-Owned Enterprises; Small- and Medium-Sized Enterprises;
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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