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2016 | 2(16) | 1 | 3-14

Article title

Transaction costs and their impact on industry’s internationalisation degree – theoretical framework

Content

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Languages of publication

Abstracts

EN
The aim of the article is to develop a theoretical model that would allow the examination of the relationship between the degree of internationalisation of industry and its potential development. The framework groups the determinants into three categories: industry’s transaction cost level, industry life cycle and country development level. Each of the determinants is discussed separately with a presentation of variables that could be used in an empirical study. The paper also suggests possible hypotheses that are developed on the basis of literature studies and observations.

Year

Volume

Issue

1

Pages

3-14

Physical description

Dates

printed
2016-03-30

Contributors

  • Poznań University of Economics and Business, Poznań, Poland

References

  • Allen, D., 1999, Transaction Costs, Encyclopedia of Law & Economics, Edward Elgar Publishing Limited.
  • Asakawa, K., Rose, E.L., 2013, Internationalization in Japan’s service industries, Asia Pacific Journal of Management, vol. 30, pp. 1155–1168.
  • Demsetz, H., 1988, The Theory of the Firm Revisited, Journal of Law, Economics, & Organization, vol. 4 no. 1, pp. 141-161.
  • Jankowska, B., 2002, Branża jako mezosystem gospodarczy, Ruch Prawniczy, Ekonomiczny i Socjologiczny, LXIV, nr 2.
  • Kałowski, A., Wysocki, J., 2012, Zmiany strukturalne w gospodarce polskiej, Journal of Management and Finance, nr 1/2/2012, s. 281-292.
  • Karniouchina, E., Carson, S., Short, J., Ketchen, D., 2013, Extending the Firm vs. Industry Debate: Does Industry Life Cycle Stage Matter?, Strategic Management Journal, vol. 34, pp. 1010–1018.
  • Marshall, A., 1972, Principles of Economics, Macmillan, London.
  • Mroczek, K., 2014, Transaction Cost Theory – explaining entry mode choices, Poznań Univeristy of Economics Review, vol. 14 no. 2, pp. 48-58.
  • Nielsen, L., 2011, Classifications of Countries Based on Their Level of Development: How it is Done and How it Could be Done, International Monetary Fund Working Paper, WP/11/31.
  • North, D., Wallis, J., 1986, Measuring the Transaction Sector in the American Economy 1870-1970, [in:] Long Term Factors in American Economic Growth, University of Chicago Press, Chicago.
  • Nowiński, W., 2006, Wczesna internacjonalizacja przedsiębiorstw – nowy obszar badań, Gospodarka Narodowa, nr 11-12, s. 87-99.
  • Ratajczak-Mrozek, M., 2014, Companies’ simultaneous embeddedness in local, international and global networks – a conceptualisation from the perspective of local enterprises and their degree of internationalisation, Poznań Univeristy of Economics Review, vol. 14 no. 2, pp. 31-47.
  • Shearmur, R., Doloreux, D., Laperriere, A., 2015, Is the degree of internationalization associated with the use of knowledge intensive services or with innovation?, International Business Review, Vol. 24, No. 3, s. 457-465.
  • Thai, M.T.T., Chong, L.C., 2008, Born-global: The case of four Vietnamese SMEs, Journal of International Entrepreneurship, vol. 6, pp. 72-100.
  • Tuselmann, H.-J., Allen, M.M.C., Barrett, S., McDonald, F., 2008, Varieties and variability of employee relations approaches in US subsidiaries: country-of-origin effects and the level and type of industry internationalisation, The International Journal of Human Resource Management, vol. 19 no. 9, pp. 1622-1635.
  • Vahlne, J.-E., Nordstrom, K.A., 1993, The Internationalization Process: Impact of Competition and Experience, The International Trade Journal, vol. 7 no. 5, pp. 529-548.
  • Wang, N., 2003, Measuring Transaction Costs: An Incomplete Survey, Ronald Coase Institute Working Papers, No 2, http://www.coase.org/workingpapers/wp-2.pdf.
  • Williamson, O.E., 1985, The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting, Free Press; Collier Macmillan, London.

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-96770bec-c73d-481c-9349-a372a14c6337
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