Everyday, more and more companies embark on international business. Through a collection of articles by leading scholars in International Business this book answers fundamental questions such as: How do companies create value through global strategy? What are the sources of value creation? How do companies organize themselves and manage the process of international expansion? How does location specificity matter in this process? Creating Value through International Strategy will be of interest to academics and professionals in international business and management.

Strategic alliances are taking on an increasingly important role in international business. This collection of articles by leading scholars addresses fundamental questions on the governance and contractual mechanisms underlying alliances. When are alliances an effective governance structure? Which governance mechanisms underlie strategic alliances? How does alliance governance change over time? How do relational governance mechanisms operate and relate to formal governance? What are the main contractual elements of alliances?