Advanced technologies and international business: A multidisciplinary analysis of the literature

Ahi, A. A., Sinkovics, N. , Shildibekov, Y., Sinkovics, R. R. and Mehandjiev, N. (2022) Advanced technologies and international business: A multidisciplinary analysis of the literature. International Business Review, 31(4), 101967. (doi: 10.1016/j.ibusrev.2021.101967)

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Abstract

Advanced digital technologies, such as the Internet of Things, blockchain, big data analytics and augmented reality, are gradually transforming the way multinational firms do business. Due to the extent of this transformation many scholars argue that the integration of these technologies marks the commencement of the fourth industrial revolution (Industry 4.0). However, the question how these advanced technologies impact international business activities needs further attention. To this end, we adopt a multidisciplinary approach to review the related literature in international business (IB), general management, information systems, and operations research. We include the two latter fields, because advanced technologies have received more attention in these bodies of literature. Based on our analysis, we discuss the implications of these technologies for international business. Further, we highlight the drivers of technology utilisation by multinational firms and likely outcomes. We also provide future research avenues.

Item Type:Articles
Keywords:Advanced technology, Industry 4.0, Digitalization, Global value chains, International business, Information and communication technology (ICT), Internet, Artificial intelligence (AI), 3D printing.
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Sinkovics, Professor Rudolf and Sinkovics, Dr Noemi
Authors: Ahi, A. A., Sinkovics, N., Shildibekov, Y., Sinkovics, R. R., and Mehandjiev, N.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:International Business Review
Publisher:Elsevier
ISSN:0969-5931
ISSN (Online):1873-6149
Published Online:09 December 2021
Copyright Holders:Copyright © 2021 The Authors
First Published:First published in International Business Review 31(4):101967
Publisher Policy:Reproduced under a Creative Commons Licence

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