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

Lookup NU author(s): Professor Noemi SinkovicsORCiD

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This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).


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.


Publication metadata

Author(s): Ahi AA, Sinkovics N, Shildibekov Y, Sinkovics RR, Mehandjiev N

Publication type: Article

Publication status: Published

Journal: International Business Review

Year: 2022

Volume: 31

Print publication date: 01/08/2022

Online publication date: 09/12/2021

Acceptance date: 04/12/2021

Date deposited: 06/09/2024

ISSN (print): 0969-5931

ISSN (electronic): 1873-6149

Publisher: Elsevier Ltd

URL: https://doi.org/10.1016/j.ibusrev.2021.101967

DOI: 10.1016/j.ibusrev.2021.101967


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Funding

Funder referenceFunder name
Foundation for Economic Education (Liikesivistysrahasto), Finland. Grant number: 20-11513

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