Abstract
In this paper, a selection of contemporary approaches to business internationalization, from the mode of entry perspective, are reviewed and systematically compared among themselves: transaction cost-based frameworks, resource-based view (or organizational capability perspective), and the attitudinal approach. It is concluded from our analysis that, by means of combining these conceptual frameworks, a more integrated view of the foreign entry mode decision-making process can be achieved by both practitioners and future researchers in this field.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
REFERENCES
Agarwal S. and S. Ramaswami. 1992. "Choice of Foreign Market Entry Mode: Impact of Ownership, Location and Internalization Factors". Journal of International Business Studies (first quarter): 1–27.
Albaum, G. et al. 1994. International Marketing and Export Management. Cambridge: Addison-Wesley.
Alonso, J. A. 1993. "Internationalisation Process and Forms of Market Penetration: A Dynamic Proposal". Documento de trabajo No. 9410. Universidad Complutense, Madrid.
Amit, R. and P. Schoemaker. 1993. “Strategic Assets and Organizational Rent”. Strategic Management Journal 14 (1): 33–46.
Andersen, O. 1993. "On the Internacionalization Process of Firms: A Critical Analysis". Journal of International Business Studies (second quarter): 209–231.
Andersen, O. 1997. "Internationalization and Market Entry Mode: A Review of Theories and Conceptual Frameworks". Management International Review (special issue 1997/2): 27–42.
Andersen, O. and L.S. Kheam. 1998. “Resource-based Theory and International Growth Strategies: an Exploratory Study”, International Business Review 7: 163–184.
Anderson, E. and H. Gatignon. 1986. "Modes of Foreign Entry: A Transaction Cost Analysis and Propositions", Journal of International Business Studies 17 (October): 1–26.
Anderson, E. and A.T. Coughlan. 1987. "International Market Entry and Expansion Via Independent or Integrated Channels of Distribution". Journal of Marketing 51 (1): 71–82.
Barney, J. 1991. “Firms Resources and Sustained Competitive Advantage”. Journal of Management 17 (1): 99–120.
Bradley, F. 1995. International Marketing Strategy. London: Prentice Hall.
Calof, J.L. 1993. “The Mode Choice and Change Decision Process and Its Impact On International Performance”. International Business Review 2 (2): 97–120.
Calof, J.L. and P.W. Beamish. 1995. “Adapting to Foreign Markets: Explaining Internationalization”. International Business Review 4 (2): 115–131.
Calvet, A. L. 1981. "A Sinthesis of Foreign Direct Investment Theories and Theories of the Multinational Firm". Journal of International Business Studies (spring-summer): 43–59.
Dierickx, I. and K. Cool. 1989. “Asset Stock Accumulation and Sustainability of Competitive Advantage”. Management Science 35 (12): 1504–1511.
Driscoll, A. 1995. “Foreign Market Entry Methods: A Mode Choice Framework”. In Paliwoda, S. T. and J.K. Ryans (eds.): International Marketing Reader. London: Routledge: 15–34.
Erramilli, M. K. and C. P. Rao. 1993. "Service Firms’ International Entry-Mode Choice: A Modified Transaction Cost Analysis Approach". Journal of Marketing 57 (July): 19–38.
Fahy, J. 1996. “Competitive Advantage in International Services: A Resource-based View”. International Studies of Management and Organization 26 (2): 24–37.
Fillis, I. 2001. “Small firm Internationalisation: an Investigative Survey and Future Research Directions”. Management Decision 39 (9): 767–783.
Fladmoe-Linquist, K. and S. Tallaman. 1994. “Resource-based Strategy and Competitive Advantage Among Multinationals”. In Shivastava, PP., A.S. Huff, A.S. and J.E. Dutton, J.E. (eds.), Advances in Strategic Management 10. London: Jai Press Inc.: 45–72.
Grant, R.M. 1991. “The Resource-based Theory of Competitive Advantage: Implications for Strategy Formulation”. California Management Review (spring): 114–135.
Hennart, J. F. 1989. "Can the ‘New Forms of Investment’ Substitute for the ‘Old Forms’? A Transaction Cost Perspective". Journal of International Business Studies 20 (2): 211–234.
Hill, C. W. et al. 1990. "An Eclectic Theory of the Choice of International Entry Mode". Strategic Management Journal 11: 117–128.
Johanson, J. and J.E. Vahlne. 1990. "The Mechanism of Internationalization". International Marketing Review 7 (4): 11– 24.
Klein, S. et al. 1990. "A Transaction Cost Analysis Model of Channel Integration in International Markets". Journal of Marketing Research. 27 (2): 196–208.
Kumar, V. and V. Subramaniam. 1997. “A Contingency Framework for the Mode of Entry Decision”. Journal of World Business 32 (1): 53–72.
Leonidou, L. C. and C.S. Katsikeas. 1996.: “The Export Development Process: An Integrative Review of Empirical Models". Journal of International Business Studies (3rd quarter): 517–551.
Madhok, A. 1996.: “Know-how-, Experience- and Competition-related Considerations in Foreign Market Entry: an Exploratory Investigation”. International Business Review 5 (4): 339–366.
Madhok, A. 1997. “Cost, Value and Foreign Market Entry Mode: The Transaction and the Firm”. Strategic Management Journal 18: 39–61.
Madhok, A. 1998. “The Nature of Multinational Firm Boundaries: Transaction Costs, Firm Capabilities and Foreign Market Entry Mode”. International Business Review 7: 259–290.
Mahoney, J.T. and R. Pandian. 1992.: “The Resource-based View Within the Conversation of Strategic Management. Strategic Management Journal 13 (5): 363–380.
Matthyssens, P. and P. Pauwels. 1998. “Dogmas and Paradoxes in Internationalisation and Globalisation Theories: A Portfolio Perspective”. ITEO Research Paper No. 98/01. Limburgs Universitair Centrum, Belgium.
McDougall, P. et al. 1994. “Explaining the Formation of International New Ventures: the Limits of the Theories From International Business Research”. Journal of Business Venturing. 9: 469–487.
Nicholas, S. 1986. "The Theory of Multinational Enterprises as a Transactional Mode". In Hertner, P. and G. Jones (eds.): Multinationals: Theory and History. England: Gower Publishing Ltd.: 64–79.
Osland, G.E., C. Taylor, and S. Zou. 2001. “Selecting International Modes of Entry and Expansion”. Marketing Intelligence & Planning 19 (3): 153–161.
Peng, M.W. 2001. “The Resource-based View and International Business”. Journal of Management 27: 803–829.
Peteraf, M. 1993. “The Cornerstones of Competitive Advantage: A Resource-based View”. Strategic Management Journal 14(3): 179–191.
Prahalad, C.K. and G. Hamel. 1990. “The Core Competence of the Corporation”. Harvard Business Review 68 (3): 79– 91.
Reed, R. and R.J. DeFillipi. 1990. “Causal Ambiguity, Barriers to Imitation, and Sustainable Competitive Advantage”. Academy of Management Review 15 (1): 88–102.
Rialp, A. and J. Rialp. 2001. “Conceptual Frameworks on SMEs’ Internationalization: Past, Present, and Future Trends of Research”. In Axinn, C.N. and Matthyssens, P. (eds.), Reassessing the Internationalization of the Firm, Advances in International Marketing 11. Oxford: Jai/Elsevier: 49–78.
Root, F.R. 1994. Entry Strategies for International Markets. Lexington: Lexington Books.
Sarkar, M. and S.T. Cavusgil. 1996. “Trends in International Business Thoughts and Literature: A Review of International Market Entry Mode Research: Integration and Synthesis”. The International Executive 38 (6): 825–847.
Thomas, M. J. and L. Araujo. 1986. “Export Behavior: Directions for Future Research”. In Turnbull, P. W. and S.J. Paliwoda (eds.), Research in International Marketing London: Croom Helm: 138–161.
Welch, L. S. and R. Loustarinen. 1988. "Internacionalization: Evolution of a Concept". Journal of General Management 14 (2): 34–55.
Williamson, O. E. 1979.: "Transaction Cost Economics: The Governance of Contractual Relations". Journal of Law and Economics 22: 233 – 261.
Willimason, O.E. 1981. “The Economics of Organization: The Transaction Cost Approach”. American Journal of Sociology 87 (3): 548–577.
Woodcock, C. P. et al. 1994. "Ownership-based Entry Mode Strategies and International Performance". Journal of International Business Studies 25 (2): 253–274.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2015 Academy of Marketing Science
About this paper
Cite this paper
Rialp-Criado, A., Rialp-Criado, J., Eusebio, R. (2015). Conceptual Frameworks on Foreign Entry Modes: A Review and Comparison of the Contemporary Literature. In: Spotts, H. (eds) Creating and Delivering Value in Marketing. Developments in Marketing Science: Proceedings of the Academy of Marketing Science. Springer, Cham. https://doi.org/10.1007/978-3-319-11848-2_100
Download citation
DOI: https://doi.org/10.1007/978-3-319-11848-2_100
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-11847-5
Online ISBN: 978-3-319-11848-2
eBook Packages: Business and EconomicsBusiness and Management (R0)