... the internationalization in time, from the establishment of the first subsidiary in a foreign market to the following ones, and in space, that is, across different markets. Second, the authors investigate how an increasing external network dependence of subsidiaries in their internationalization may cause a detachment...

... on the internationalization of firms from an Industrial Marketing and Purchasing (IMP) perspective. The authors ask: to what extent have these studies resulted in a theory of internationalization? Design/methodology/approach – The paper is conceptual and frames research on the internationalization of firms by means...

...) meaning paying too much for an acquisition (Clark and Mills, 2013) or selecting the wrong target (Clark and Mills, 2013). This financial analysis dominates traditional M&A research. © Emerald Group Publishing Limited 2015 Internationalization Acquisitions and mergers Small- and medium...