This book focuses on the study of International business and more specifically 'Is the international business research agenda running out of steam?' After laying down this challenge, Buckley presents three theoretical developments, which point to ways forward for the agenda. He includes empirical evidence on the strategy of the Multinational Enterprise and on foreign direct investment and the world economy. Contents Introduction Part I: The Challenge Is the IB Research Agenda Running out of Steam? Part II: The Response Strategic Complexity in International Business Internationalisation, Real Options, Knowledge Management and the Uppala Approach Globalisation and the End of Competition Trust in International Joint Ventures The Challenges of the New Economics for Multinational Firms: Lessons for South-east Asia Part III: Knowledge Management in Multinational Firms Process and Structure in Knowledge Management Practices of British and US Multinational Enterprises Governing Knowledge Sharing in Multinational Enterprises Part IV: Empirics The Evolution of FDI in the United States in the Context of Trade Liberalisation and Regionalisation The Impact of Inward FDI on the Performance of Chinese Manufacturing Firms FDI, Regional Difference and Economic Growth: Panel Data Evidence from China Incentives to Transfer Profits: A Japanese Perspective