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- Title
A Note on Penrosean Growth, Resource Bundles and the Uppsala Model of Internationalisation.
- Authors
Steen, John T.; Liesch, Peter W.
- Abstract
• The Uppsala model of the internationalisation process of the firm has many similarities with Penrosean growth theory but has been limited by ambiguity about the internal mechanisms of growth. Core insights from Penrose's Theory, of the Growth of the Firm may advance development of the Uppsala model. • Penrose's theory of growth is a powerful adjunct to the Uppsala model of the internationalisation process of the firm. • We propose a variation on the Uppsala model that incorporates the dynamic and interdependent interaction between managerial choice, the formation of resource bundles and their connection to external opportunities.
- Subjects
INTERNATIONAL business enterprises; CORPORATE growth; BUSINESS models; STRATEGIC planning; FOREIGN corporations; BUSINESS research
- Publication
Management International Review (MIR), 2007, Vol 47, Issue 2, p193
- ISSN
0938-8249
- Publication type
Article
- DOI
10.1007/s11575-007-0011-7