Transaction Cost Perspective and Evolutionary or Multistage Internationalization Theory

Abstract

The purpose of this research paper is to explain in more detail the theoretical foundations of Multi nationality/Performance (M/P). This article's response to criticisms of M/P theory and its discussion of the process and operation of problems in empirical tests are relevant objectives. Although the international expansion of the company does not always lead to improved performance (at the beginning of the international expansion or in the case of the company going international), usually at a moderate level of expansion, internationalization occurs well in net benefits. This research paper contains an explanation of theoretical concepts. At first glance, the results of more than 100 studies conducted in the last 30 years may seem contradictory, but the latest is about three-phase, or S, as if general considerations could connect them.