Abstract

It is rather presumptuous to attempt to predict developments in a wide field such as international business theory during such a turbulent period. However, recent developments in international business suggest that the subject area is sufficiently mature and core concepts are so well embedded, that predictions are not entirely foolhardy. Part 2 of this paper examines the key empirical issues in the world economy which international business theory should explain. Part 3 examines the tools of international business theory and Part 4 questions whether they are adequate to the task.

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