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The World is Spiky – Th I t ti li ti The Internationalization Process

The World is Spiky – Th I t ti li ti The Internationalization Process

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Resource commitment<br />

to foreign sales<br />

(<strong><strong>Th</strong>e</strong> Establ<strong>is</strong>hment Chain phenomenon)<br />

<strong><strong>Th</strong>e</strong> Opera<strong>ti</strong>onal level of the Uppsala Model<br />

Equity<br />

(FDI)<br />

Contractual<br />

(outsourcing)<br />

Market knowledge accumula<strong>ti</strong>on<br />

Arm’s length<br />

(procurement)<br />

Market knowledge accumula<strong>ti</strong>on<br />

Local<br />

Regional<br />

Global<br />

Geographical expansion<br />

of sales<br />

(<strong><strong>Th</strong>e</strong> Psychic D<strong>is</strong>tance<br />

phenomenon)

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