The Role of Management in International Business Theory: A Meta-Analysis and Integration of the Literature on International Business and International Management

Introduction The orthodox theory of the multinational enterprise, based on the internalisation framework, has successfully explained the development of the multinational firm but its blend of the neoclassical theory of the firm with institutional elements seemingly leaves only a minor role for management. In fact there is a central role for management decision making to play entirely within this orthodox framework. Given the premises of the...