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The Review on the Theory of Internationalization of Multinational Firms and SMEs

East Asian Journal of Business Economics / East Asian Journal of Business Economics, (E)2288-2766
2018, v.6 no.2, pp.49-57
https://doi.org/10.20498/eajbe.2018.6.2.49
Jae-Jin Kim
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Abstract

The main issues of the studies in this period have focused on the international activities of large multinational corporations from the economic approach perspective of. Some of the established theories on internationalization were the monopolistic advantage theory, the internalization theory, and the eclectic theory (paradigm) (Ruzzier, Hisrich, Antoncic, 2006). These three theories are explained below in brief as the dominant approaches in traditional MNE studies.

keywords
Internationalization Theory, MNEs, SMEs

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East Asian Journal of Business Economics