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The internationalisation process theory and the internationalisation of Norwegian firms, 1945 to 1980

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  • Rolv Petter Amdam

Abstract

According to the internationalisation process theory firms tend to invest and expand in countries with a short psychic distance to the home country. This paper discusses the usefulness of bringing this theory into business history by analysing the internationalisation of Norwegian firms before the 1980s. The empirical contribution of this paper is that it adds new knowledge to our understanding of the early internationalisation of Norwegians firms. The theoretical contribution is that the paper develops the discussion on the usefulness of bringing networks into the internationalisation process theory. Based on the Norwegian case, there seems to be a need for including personal networks as one dimension of the psychic distance concept, not only in the new economy but also in the old economy.

Suggested Citation

  • Rolv Petter Amdam, 2009. "The internationalisation process theory and the internationalisation of Norwegian firms, 1945 to 1980," Business History, Taylor & Francis Journals, vol. 51(3), pages 445-461.
    • Handle: RePEc:taf:bushst:v:51:y:2009:i:3:p:445-461
    DOI: 10.1080/00076790902844054
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    Citations

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    Cited by:

    1. Boateng, Agyenim & Hua, Xiuping & Nisar, Shaista & Wu, Junjie, 2015. "Examining the determinants of inward FDI: Evidence from Norway," Economic Modelling, Elsevier, vol. 47(C), pages 118-127.
    2. Asmund Rygh & Gabriel R. G. Benito, 2022. "Governmental goals and the international strategies of state-owned multinational enterprises: a conceptual discussion," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(4), pages 1155-1181, December.
    3. Peter J Buckley & L Jeremy Clegg & Hinrich Voss & Adam R Cross & Xin Liu & Ping Zheng, 2018. "A retrospective and agenda for future research on Chinese outward foreign direct investment," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(1), pages 4-23, January.
    4. Amdam, Rolv Petter & Benito, Gabriel R.G., 2022. "Temporality and the first foreign direct investment," Journal of World Business, Elsevier, vol. 57(5).
    5. Bužavaitė Monika & Korsakienė Renata, 2018. "Inter-Personal and Inter-Organizational Networks In Internationalization of SMEs: A Bibliometric Analysis and Review," Open Economics, De Gruyter, vol. 1(1), pages 94-104, August.
    6. Rezza, Alief A., 2013. "FDI and pollution havens: Evidence from the Norwegian manufacturing sector," Ecological Economics, Elsevier, vol. 90(C), pages 140-149.
    7. Renata Korsakienė & Manuela Tvaronavičienė, 2011. "The internationalization of SMEs: an integrative approach," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 13(2), pages 294-307, March.

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