International Strategy Michael A. Hitt R. Duane Ireland Robert E. Hoskisson Opportunities and Outcomes of International Strategy Opportunities and Outcomes of International Strategy: Continued International Strategy Life Cycle Motivations for International Expansion Increase Market Share domestic market may lack the size to support efficient scale manufacturing facilities Return on Investment large investment projects may require global markets to justify the capital outlays weak patent protection in some countries implies that firms should expand overseas rapidly in order to preempt imitators Motivations for International Expansion Economies of Scale or Learning expanding size or scope of markets helps to achieve economies of scale in manufacturing as well as marketing, R & D or distribution can spread costs over a larger sales’ base increase profit per unit Location Advantages low cost markets may aid in developing competitive advantage may achieve better access t 、、、、、、、、、、、、、、、、、、、、、、、、、、、、、、、、、、