...-globalized (Rugman and Verbeke, 2004, 2007 ; Ghemawat, 2003). It seems that the liabilities of foreignness can be too great to overcome outside of most regions and for most firms. P1. Space is liability forming and is a latent construct found in the measurement of multinationality...

... International diversification Emerging markets Global strategy Liabilities of foreignness Globalization has been variously defined but may be best described as a deepening structural interdependence of the world’s economies (Dunning, 1997) that may be examined at multiple levels including, among...