Lawrence S. Welch (born 1945) is an Australian organisational theorist, Professor of International Business at the Melbourne Business School, known for his work on internationalization [1] and international business operations. [2]
Welch obtained his Diploma of Education at the Newcastle University, his MCom and BCom at the University of New South Wales, and his PhD at the University of Queensland.
Welch has been appointed Professor of International Business at the Melbourne Business School. He is part of the editorial boards on the Journal of International Entrepreneurship, the Management International Review, and the International Business Review. journal. In 2011 he has been awarded the Hans B. Thorelli Award by the American Marketing Association. [3]
Welch research interests are in the field of "foreign operation modes, internationalization, language and multinational management, export groups and export promotion." [3]
Articles, a selection: [4]
A multi-national corporation is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multi-national corporation "if it derives 25% or more of its revenue from out-of-home-country operations".
In economics, internationalization or internationalisation is the process of increasing involvement of enterprises in international markets, although there is no agreed definition of internationalization. Internationalization is a crucial strategy not only for companies that seek horizontal integration globally but also for countries that addresses the sustainability of its development in different manufacturing as well as service sectors especially in higher education which is a very important context that needs internationalization to bridge the gap between different cultures and countries. There are several internationalization theories which try to explain why there are international activities.
Hamid Etemad is a Canadian organizational theorist, and Professor at the Desautels Faculty of Management, McGill University. He is best known for his work on international entrepreneurship and business, specifically the "internationalization of small and medium‐sized enterprises."
Sumantra Ghoshal was an Indian scholar and educator. He served as a professor of strategic and international management at the London Business School, and was the founding Dean of the Indian School of Business in Hyderabad. Ghoshal met Christopher Bartlett while he was a PhD student at Harvard. Both of whom have gone on to become frequent contributors at Harvard Business Review and both have collaborated in writing several influential books and articles relating to leadership and organization managements.
International business refers to the trade of goods and service goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It includes all commercial activities that promote the transfer of goods, services and values globally. It may also refer to a commercial entity that operates in different countries.
Stephen Herbert Hymer was a Canadian economist. His research focused on the activities of multinational firms, which was the subject of his PhD dissertation The International Operations of National Firms: A Study of Direct Foreign Investment, presented in 1960, but published posthumously in 1976, by the Department of Economics from Massachusetts Institute of Technology. Charles P. Kindleberger, his thesis supervisor, submitted it for publication, as mentioned by him on the introduction of Hymer's thesis dissertation.
The Master of International Business is a master's degree designed to develop the capabilities and resources of managers in the global economy. It is for those seeking to establish or accelerate a career in international business.
E.J.J. Schenk is a Dutch professor emeritus of economics and fellow of the Tjalling C. Koopmans Research Institute at Utrecht University’s School (NE) of Economics (USE) of which he was founding director. He was a Crown-appointed independent member of the Social and Economic Council SER of the Netherlands from 2010 until 2018. With other financial economics specialists, and help of Triodos Bank, he founded the Sustainable Finance Lab in 2011.
Value chain management capability refers to an organisation's capacity to manage the internationally dispersed activities and partners that are part of its value chain. It is found to consist of an international orientation, network capability, market orientation, technological capability and teamwork management capability. Value chain management capability is a higher level capability that draws together a variety of lower level capabilities.
Gabriel Robertstad Garcia Benito is a Norwegian economist, Professor of Strategy and International Business and a previous Dean of Doctoral Studies at BI Norwegian Business School, in Oslo, Norway. He is known for his work on foreign direct investments.
Geir Gripsrud is a Norwegian organizational theorist, and Professor of Marketing at BI Norwegian Business School in Oslo. He is known for his work on international marketing, market entry strategy and distribution channels.
Language management is a discipline that consists of satisfying the needs of people who speak multiple different languages. These may be in the same country, in companies, and in cultural or international institutions where one must use multiple languages.
Reijo Kalevi Luostarinen was a Finnish organisational theorist, Professor of International Business at the Aalto University School of Business, and chairman of Biohit. He is known for his work on internationalization and International business operations.
Rebecca Marschan-Piekkari is a Finnish organizational theorist and Professor of International Business at the Aalto University, and Vice Dean of its Department of Management Studies, known for her work on "international business research." and on multinational corporations.
Thomas Hutzschenreuter is a German economist. He holds the chair of strategic and international management at the TUM School of Management.
Justin Paul is an Indian-born academic who is the Dean of the School of Business Management and Provost of Management Education at NMIMS. He is also a professor of business administration at the University of Puerto Rico with a 3-year visiting professor assignment with Henley Business School at the University of Reading and editor-in chief of the International Journal of Consumer Studies.
Nicole Coviello is a retired professor of international business, entrepreneurship, and marketing. As of 2025, she is Visiting Professor at LUT Business School where she continues to do research.
Kevin Iyk Ibeh is a British-Nigerian academic, author and speaker. He is the Pro Vice-Chancellor (International) at Birkbeck, University of London, and a Commissioner of the Commonwealth Scholarship Commission. He is most known for his work on firm internationalization and developing economies, as well as his work on how non-dominant firms, including small and medium-sized enterprises (SMEs) and entrepreneurial firms, capitalize on growth opportunities internationally. Among his authored works are publications in academic journals, including Journal of World Business, Journal of Business Ethics, British Journal of Management, Journal of Business Research, International Business Review, and European Journal of Marketing as well as books such as Contemporary Challenges to International Business and Growth Frontiers in International Business.
The Uppsala internationalization model is one of the stage theories of internationalization of enterprises, which assumes that a company undergoes a sequential progression through various stages in the process of its international expansion. This theory, developed in the 1970s, was created by Scandinavian economists Jan Johanson and Finn Wiedersheim-Paul and was later expanded by Jan Johanson and Jan-Erik Vahlne. The name of the model derives from the Swedish town of Uppsala, as all three authors were affiliated with Uppsala University.