This study compares the internationalization strategy through the product innovation with process innovation theoretically. The interrlationalization strategies in this study include export, foreign direct investment and international technology coope...
This study compares the internationalization strategy through the product innovation with process innovation theoretically. The interrlationalization strategies in this study include export, foreign direct investment and international technology cooperation (for example, licensing, know-how contract and technology cooperation). In this study were reinterpreted the internationalization theories in terms of product innovation and process innovation. <Table 1> illustrates the results of theoretical study. The theoretical findings suggest that the product and Process innovation have a close relation to the theories of internationalizafion except the theory of comparative advantage (differences in the productivity). From this point of view, the innovation (product and process innovation) will be an important explaining variable of the internationalization theory, which remainst to be done by theoretical and empirical studies.