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This dynamic Encyclopedia presents succinct definitions, explanations and compact reviews of a comprehensive range of topics in the continually evolving field of International Strategic Management (ISM). A diverse and international collective of eminent scholars and thought leaders leverage their research expertise to present concise reviews of the state-of-the-art of research in ISM, exploring the manifold aspects of firms’ global strategies. With more than 90 carefully selected entries, spanning from asset recombination to foreign ownership, and from global mergers and acquisitions to the Uppsala Model, the Encyclopedia captures the breadth and depth of the multifunctional and multidisciplinary field of ISM. Offering clear definitions of the key concepts and theories in ISM, this cutting-edge Encyclopedia will be an invaluable reference tool for doctoral students and scholars of international business, strategic management, and economics and finance. Its practical insights will also benefit practitioners, managers and policy makers in management fields. Key Features: 95 concise and fully cross-referenced entries Examines the key actors within and around the multinational firm Discusses linkages and distinctions between key concepts and theories Analyzes the challenges faced by multinational firms in designing and implementing strategies in the global economy

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Foreign direct investment (FDI) has soared and multinational enterprises (MNEs) have grown in numbers and complexity as globalization has intensified. This volume takes stock of important new issues relating to FDI and MNEs in a changing world. Contributors are distinguished international business scholars who have written specifically for the book in their areas of expertise. The volume focuses on four key areas: How do managers and firms make internationalization decisions? How does the national origin of MNEs affect their competitive advantages and strategies, particularly those spawned by emerging markets? How is the scope of MNEs changing, in terms of what gets done inside and outside the firm, product vs. geographic diversification, manufacturing vs. services, and the pace of internationalization? And finally, what can or should governments do to harness MNEs for the greater good? In each area, authors propose interesting and important questions for further research. The volume is a Festschrift to Yair Aharoni of Tel Aviv University, whose pioneering research, including the seminal book, The Foreign Investment Decision Process (1966), helped launch the systematic study of FDI and MNEs almost fifty years ago.

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