Internalisation advantages 

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... 32 3.3 ownership advantages, location advantages and internalisation advantages 34 3.3.1 ownership advantages 34 3.3.2 location advantages 35 3.3.3 internalisation advantages 35 4 internationalisation through ... ask for further elaboration. location advantages are probably the most stable factor over time, because factor markets do not change overnight. internalisation advantages are affected by (long ...
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... on the trade-offs between preference matching, economies of scale and the internalisation of external effects. the second generation theories take also account of the ... decentralisation versus centralisation according to agency theory and transaction costs economics advantages of decentralisation advantages of centralisation decentralisation should be accompanied by monitoring, benchmarking and ...
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