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This paper critically reviews the ownership, location, and internalization (OLI) model, and the Uppsala internationalization process (UIP) framework. Both the OLI model and the UIP model ignore to incorporate the insights of each other and fail to include corporate entrepreneurship in their analyses. We argue that regulatory focus theory can unify the managerial choice of internationalization between internalization and networking. In addition, host country institutions affect this managerial choice with regard to internationalization. Thus, we
suggest that the inclusion of concepts such as corporate entrepreneurship, institutional environment, and regulatory focus in an integrated framework helps to explain firm internationalization.

Publication information

Original languageEnglish
Title of host publicationProceedings of the 54rd Annual Meeting of the Academy of International Business
EditorsSusan Feinberg, Tunga Kiyak
Place of PublicationEast Lansing, MI
PublisherAcademy of International Business
Publication date2012
Pages262
StatePublished - 2012
Event - Washington, United States

Conference

ConferenceAIB 2012 Annual Meeting
Nummer54
LocationGeorge Washington University and University of Maryland
LandUnited States
ByWashington
Periode30/06/201203/07/2012
Internetadresse
SeriesAcademy of International Business. Annual Meeting. Proceedings
Volume54
ISSN2078-4430

ID: 38127840