Transaction Costs and Their Impact on Industry's Internationalisation Degree - Theoretical Framework
AbstractThe aim of the article is to develop a theoretical model that would allow the examination of the relationship between the degree of internationalisation of industry and its potential development. The framework groups the determinants into three categories: industry's transaction cost level, industry life cycle and country development level. Each of the determinants is discussed separately with a presentation of variables that could be used in an empirical study. The paper also suggests possible hypotheses that are developed on the basis of literature studies and observations.
|Journal series||Economics and Business Review, [Poznan University of Economics Review], ISSN 2392-1641, e-ISSN 2450-0097, [1643-5877], (B 15 pkt)|
|Publication size in sheets||0.55|
|Keywords in English||industry’s transaction costs, industry’s degree of internationalisation, industry life cycle, country development level, model development|
|Score|| = 15.0, 13-12-2019, ArticleFromJournal|
= 15.0, 13-12-2019, ArticleFromJournal
|Citation count*||2 (2021-07-29)|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.