Abstract
Our conceptual framework for research on New Forms of Internationalization (NFI) rests on a basic distinction between two fundamentally different forms. On the one hand we investigated New Forms of International Investment (NFII) and on the other hand New Forms of Export Financing (NFEF). Both are aimed at reducing the transaction costs of internationalized entrepreneurial activities, that is, at reducing the transaction costs of the two classic forms of internationalization: exports and direct foreign investment (DFI). In fact, exports and DFI can be conceptualized as polar opposites on a continuous spectrum of forms of internationalization which in some way or the other are a combination of these two “pure” forms. More specifically, all New Forms of Internationalization are designed to serve the following purposes:
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— internationalizing profitability of the core skills of a particular entrepreneurial unit or firm
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— internationalizing various business activities and services
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— internationalizing marketing strategies
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— overcoming protectionist regulations and other barriers to trade.
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© 1986 Springer-Verlag Berlin Heidelberg
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Borner, S. (1986). New Forms of International Investment. In: Internationalization of Industry. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-71422-1_5
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DOI: https://doi.org/10.1007/978-3-642-71422-1_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-71424-5
Online ISBN: 978-3-642-71422-1
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