Author(s)

Yanjie Yong ¹

Affiliation(s)

¹ Zibo Vocational Institute, Zibo, Shandong, China

Corresponding Author

Yanjie Yong

ABSTRACT

The rapid growth of information and communication technologies has changed the the entire internationalization process of enterprises. As firms launch digital transformation schemes, scholars researched and revised the international business theory according to real-life business practice. These researches provided profound insight for various aspects in the field of international business. Based on recent researches of international business theory, this article conducted a generic literature review on the field of firm special advantages (FSA), expansion strategy and global value chain (GVC). The aim is to figure out how the digitalization trend has reshaped the foundation of international business theory. After a thorough analysis and examination, the author proposed several constructive advice for the future practice of internalization under the digital environment.

KEYWORDS

Digital Transformation, International Business, Theoretical Research

CITE THIS PAPER

Yanjie Yong, Digital Transformation and International Business Theory. Financial Engineering and Risk Management (2023) Vol. 6: 117-120. DOI: http://dx.doi.org/10.23977/ferm.2023.061116.

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