1. Eclectic
   1. Ownership
      1. Needs
         1. $$$
         2. Knowledge
            1. Cultural
            2. Market
      2. Advantage against indigineous
         1. Monopolistic
         2. Knowlegde (in the core business)
         3. Financial factors
   2. Location
      1. Economical
      2. Political
      3. Cultural
   3. Internalization
      1. Invest in the growth of the company
      2. Have the means to produce more within the same company
      3. Theories
         1. Incremental
         2. Network
         3. International Entrepreneurship
2. FDI
   1. Physical presence
      1. Greenfield investment
      2. Cross border aquisition
   2. It is done to
      1. Follow the customers to new countries
      2. Looking for skilled workforce
      3. Getting to a place with economical stability
   3. Entry modes
      1. Exporting
      2. Licensing
      3. Turnkey contracts
      4. Franchising
      5. Joint ventures
      6. Wholly owned subsidiaries
3. Criticism
   1. Too many variables
   2. Interdependence
   3. Static approach
   4. Resource vs. Rational
4. Evolution
   1. IDP
      1. Investment Developing Path
   2. Competitive advantage
   3. Pattern of trade
   4. FPI
      1. Foreign Portfolio Investment
   5. Better competition
   6. Relational aspects
      1. Capability more than ownership
      2. Human
      3. Technological