Title from publisher's bibliographic system (viewed on 02 Sep 2021).

Cover -- Half-title -- Title page -- Copyright information -- Contents -- List of Figures -- List of Tables -- About the Authors -- Alain Verbeke -- I. H. Ian Lee -- Foreword -- Acknowledgements -- List of Abbreviations -- Walkthrough -- Introduction and Overview of the Book's Framework -- Rethinking the Classics in International Business Strategy -- Five Changes in the Third Edition -- Definition of International Business Strategy -- The Seven Concepts of the Unifying Framework - a Brief Overview -- PART I Core Concepts -- 1 Conceptual Foundations of International Business Strategy -- Five Learning Objectives -- International Business, MNEs, and Their Activities in the Global Economy -- Internationally Transferable FSAs and the Four MNE Archetypes -- Non-Transferable (or Location-Bound) Firm-Specific Advantages -- Location Advantages -- Value Creation through Recombination -- Complementary Resources of External Actors -- Bounded Rationality -- Bounded Reliability -- Implications of International Business Strategy for MNE Performance -- Strategic Challenges in the New Economy -- International Business Strategy During Globally Disruptive Events -- Takeaway Messages for Managers: The Seven Key Questions in International Business Strategy -- 2 The Critical Role of Firm-Specific Advantages -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- International Business Strategy During Globally Disruptive Events -- Five Management Takeaways -- 3 The Nature of Home Country Location Advantages -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- International Business Strategy During Globally Disruptive Events -- Five Management Takeaways -- 4 The Problem with Host Country Location Advantages.

Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- International Business Strategy During Globally Disruptive Events -- Five Management Takeaways -- 5 Combining Firm-Specific Advantages and Location Advantages in a Multinational Network -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- International Business Strategy During Globally Disruptive Events -- Five Management Takeaways -- PART II Functional Issues -- 6 International Innovation -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 7 International Sourcing and Production -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 8 International Finance -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 9 International Marketing -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 10 Managing Managers in the Multinational Enterprise -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- PART III Dynamics of Global Strategy -- 11 Entry Mode Dynamics 1: Foreign Distributors -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 12 Entry Mode Dynamics 2: Strategic Alliance Partners -- Five Learning Objectives.

Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 13 Entry Mode Dynamics 3: Mergers and Acquisitions -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 14 The Role of Emerging Economies -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 15 Emerging Economy Multinational Enterprises -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 16 Multinational Entrepreneurship -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 17A International Strategies of Corporate Social Responsibility -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- 17B International Strategies of Corporate Environmental Sustainability -- Five Learning Objectives -- Significance -- Context and Complementary Perspectives -- Strategic Challenges in the New Economy -- Five Management Takeaways -- Conclusion: The True Foundations of Global Corporate Success -- Dominance of Regional over Global Strategies -- The 'New Forms' of International Expansion -- The Tension between Radical Innovation and Internal Coherence -- The Tension between the MNE's 'Back Office' Activities and its 'Front Office' Needs -- The Need to Qualify the Importance of Recombination Capabilities -- The Move towards Private Equity -- The Dark Side of Digital Globalization -- Notes -- Introduction.

Chapter 1 -- Chapter 2 -- Chapter 3 -- Chapter 4 -- Chapter 5 -- Chapter 6 -- Chapter 7 -- Chapter 8 -- Chapter 9 -- Chapter 10 -- Chapter 11 -- Chapter 12 -- Chapter 13 -- Chapter 14 -- Chapter 15 -- Chapter 16 -- Chapter 17A -- Chapter 17B -- Conclusion -- Index.

Now in its third edition, this core textbook for advanced undergraduate, graduate, and postgraduate students combines analytical rigour and managerial insight on the functioning and strategy of large multinational enterprises (MNEs). Verbeke and Lee develop an original conceptual model that supports student learning by providing an integrated perspective, rooted in theory and practice. The discussion also includes unique commentaries on seventy-four seminal articles published in the Harvard Business Review, the Sloan Management Review, and the California Management Review over the past four decades, demonstrating how the key insights can be applied to real businesses engaged in international expansion programmes, especially as they venture into high-distance markets. This third edition has been thoroughly updated and features new sections on multinational entrepreneurship, strategic challenges in the new economy, and international business strategy during globally disruptive events, including the COVID-19 pandemic. Students will benefit from updated case studies, improved learning features, and a wide range of online resources.