Abstract
This paper provides a reflective and synthetic review of the literature on the relationship between a firm's multinationality and performance. It revisits the main theories and demonstrates a gradual shift from the traditionally equilibrium-oriented theorization to the recent dynamics-oriented perspectives. It also examines the current status of empirical inquiry and identifies some important voids. The following areas are highlighted for further conceptual development and empirical investigation: (1) conceptual refinement and measurement of multinationality as a construct; (2) cost-efficiency implications of multinationality; (3) impact of internationalization motivations on both multinationality and performance; (4) two-way relationships between multinationality and performance; and (5) moderating roles of important external and internal contextual factors.
| Original language | English |
|---|---|
| Pages (from-to) | 117-139 |
| Number of pages | 23 |
| Journal | International Journal of Management Reviews |
| Volume | 9 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - Jun 2007 |
| Externally published | Yes |
ASJC Scopus subject areas
- General Decision Sciences
- Strategy and Management
- Management of Technology and Innovation