New perspective in IB research: Culture, governance, entrepreneurship and international expansion

After 33 years, the IB field is maturing to consider new issues related to culture, governance and entrepreneurship. Besides the traditional topics of multinationals’ investment decisions and FDI spillovers, this volume mirrors the recent evolution in the field by considering cultural differences in headquarter–subsidiaries relationships, perception differences of relational risk, and determinants of trust in interpersonal and inter-unit relationships. In addition, the governance of relationships within firms as in conflicts between parent–subsidiaries, between firms as in import–export dyads, and within locations as concerned the construction of jurisdictional advantage. We further consider the genesis of international entrepreneurs in the context of the software industry in India, the related debate on the definition of ‘born global’ firms and the controversies about the efficacy of microfinance to support third world development.