ABSTRACT
This chapter tries to answer the questions posed at the end of Chapter 4. As these questions are bound up with the internationalization of the offshore oil supply industry, we will seek the answers to them in the literature that has developed on the economics of the multinational corporation. In doing so the emphasis of this book on transaction cost economics will be reinforced because the modern theory of the multinational corporation is a special case of the transaction cost theory of institutional choice, i.e. choice of organizational form.
