of internalisation theory. It needs to re-focus away from the individual firm and its internal social structures towards the place of the firm within its industry, and within the global economic system as a whole. References Alchian, A. and Harold Demsetz (1972) Production, information costs, and economic organization, 62, 777-795 American Economic Review, Arrow, Kenneth J. (1962) Economic welfare and the allocation of resources for invention, in National Bureau of Economic Research, The Rate and Direction of Inventive Activity, Princeton, NJ: NBER, 609-626 Arrow, Kenneth J. (1975) Vertical integration and communication, Bell Journal of 6 (1), 173-183 Economics, Babbage, Charles (1832) London: Charles On the Economy of Machinery and Manufactures, Knight Boddewyn, Jean, M.B. Halbrich and A. Perry (1986) Service industry multinationals: Conceptualization, measurement, theory, 17 (3), Journal of International Business Studies, 41-57 Buckley, Peter J. (2006) Stephen Hymer: Three phases, one approach? International Business 5, 140-147 Review, Buckley, Peter J. and Mark C. Casson (1976) The Future of the Multinational Enterprise, London: Macmillan [Basingstoke, Hants: Palgrave Macmillan, 25th Anniversary ed. 2001], 112pp. Buckley, P.J. and Mark Casson (1996) An economic model of joint ventures, Journal of 27 (5), 849-876, reprinted in Buckley, P.J. and Mark Casson International Business Studies, Basingsoke: The Multinational Enterprise Revisited: The Essential Buckley and Casson, Palgrave Macmillan, 2010, 118-146 Buckley, P.J. and Mark Casson (1998) Analysing foreign market entry strategies: Extending the Internalization approach, 29 (3), 539-561, Journal of International Business Studies, reprinted in Buckley, P.J. and Mark Casson The Multinational Enterprise Revisited: The Basingsoke: Palgrave Macmillan, 2010, 177-204 Essential Buckley and Casson,
of internalisation theory. It needs to re-focus away from the individual firm and its internal social structures towards the place of the firm within its industry, and within the global economic system as a whole. References Alchian, A. and Harold Demsetz (1972) Production, information costs, and economic organization, American Economic Review, 62, 777-795 Arrow, Kenneth J. (1962) Economic welfare and the allocation of resources for invention, in National Bureau of Economic Research, The Rate and Direction of Inventive Activity, Princeton, NJ: NBER, 609-626 Arrow, Kenneth J. (1975) Vertical integration and communication, Bell Journal of Economics, 6 (1), 173-183 Babbage, Charles (1832) On the Economy of Machinery and Manufactures, London: Charles Knight Boddewyn, Jean, M.B. Halbrich and A. Perry (1986) Service industry multinationals: Conceptualization, measurement, theory, Journal of International Business Studies, 17 (3), 41-57 Buckley, Peter J. (2006) Stephen Hymer: Three phases, one approach? International Business Review, 5, 140-147 Buckley, Peter J. and Mark C. Casson (1976) The Future of the Multinational Enterprise, London: Macmillan [Basingstoke, Hants: Palgrave Macmillan, 25th Anniversary ed. 2001], 112pp. Buckley, P.J. and Mark Casson (1996) An economic model of joint ventures, Journal of International Business Studies, 27 (5), 849-876, reprinted in Buckley, P.J. and Mark Casson The Multinational Enterprise Revisited: The Essential Buckley and Casson, Basingsoke: Palgrave Macmillan, 2010, 118-146 Buckley, P.J. and Mark Casson (1998) Analysing foreign market entry strategies: Extending the Internalization approach, Journal of International Business Studies, 29 (3), 539-561, reprinted in Buckley, P.J. and Mark Casson The Multinational Enterprise Revisited: The Essential Buckley and Casson, Basingsoke: Palgrave Macmillan, 2010, 177-204