Risk management in the internationalization process of the firm: A note on the Uppsala model
Abstract
This paper analytically and graphically examines the Uppsala model's risk formula (Johanson & Vahlne, 1977) in its two variables: commitment and uncertainty. The graphical treatment of the variables demonstrates the internationalization mechanism's consistency with the risk formula. In particular, commitment manipulation develops a risk management perspective to the model, wherein contingent uncertainty is a central concept. The main...
Paper Details
Title
Risk management in the internationalization process of the firm: A note on the Uppsala model
Published Date
Apr 1, 2011
Journal
Volume
46
Issue
2
Pages
143 - 153
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