ABSTRACT

International growth, or internationalization, is a rather well-studied area. The main body of literature on the subject can be found in the fi eld of international business research, although various streams have their source either in economics or behavioral and social sciences (for more on the development of the international business (IB) research tradition, see, e.g., Weisfelder 2001). In the former fi eld the focus of research has been on international trade and foreign direct investment, in the latter the concept of internationalization has been the central issue. Earlier research on internationalization can be divided chronologically into three eras based on the main focus of interest: (1) the internationalization process, (2) networks in internationalization and (3) new venture internationalization.