Cycles of de-internationalization and re-internationalization: Towards an integrative framework

Internationalization is a complex process that is neither always forward moving nor monotonic. Firms often reduce the depth and scope of their international footprint or even completely withdraw from foreign markets. Although scholars have recognized that there are cycles of de-internationalization...

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Published inJournal of world business : JWB Vol. 57; no. 1; p. 101257
Main Authors Kafouros, Mario, Cavusgil, S. Tamer, Devinney, Timothy M., Ganotakis, Panagiotis, Fainshmidt, Stav
Format Journal Article
LanguageEnglish
Published Elsevier Inc 01.01.2022
Subjects
Back-shoring
De-internationalization
Divestment
Internationalization theory
Market exit
Market re-entry
Re-internationalization
Re-internationalization
Back-shoring
Divestment
Market re-entry
Internationalization theory
De-internationalization
Market exit
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Summary:Internationalization is a complex process that is neither always forward moving nor monotonic. Firms often reduce the depth and scope of their international footprint or even completely withdraw from foreign markets. Although scholars have recognized that there are cycles of de-internationalization and re-internationalization (and increasingly pressures for back-shoring), the antecedents and motivators for these internationalization pathways have received limited attention. In this study, we first review prior explanations as to why firm behaviour exhibits cycles of de-internationalization and re-internationalization. We then formulate an integrative framework and propose a comprehensive agenda for future research aimed at advancing internationalization theory.
ISSN:1090-9516
DOI:10.1016/j.jwb.2021.101257