Working Paper Series, Department of International Economics and Management, Copenhagen Business School
Bent Petersen and Lawrence S. Welch
INTERNATIONAL BUSINESS DEVELOPMENT AND THE INTERNET, POST-HYPE
Abstract: In this paper we examine a range of effects of the
Internet on international business development following the collapse of
speculation and hype surrounding the ‘Internet bubble’ in the recent past.
Internet effects are considered by focusing on different dimensions of
firms’ internationalisation: specifically, internationalisation capacity,
as represented by strategy, structure, technology, human resources and
financial resources; and internationalisation patterns. While the Internet
may have been over-hyped during the recent ‘bubble’ stage, there is little
doubt that it has affected many aspects of companies’ international
operations – accelerating some stages of development, although it would
appear that firms are still learning how to productively incorporate the
power of the Internet across the full range of their international
operations in different markets, and develop a better fit with traditional
forms of operation.
Keywords: The internet bubble; Internationalization; Technological development; E-business; International Business; (follow links to similar papers)
33 pages, August 1, 2002
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