Equity Modes of Internationalisation


Content, progress and pedagogy of the module

The aim of the module is to give students an insight into high commitment modes of internationalisation that include equity ownership in the form of minority or majority stakes in International Joint Ventures (IJVs), Mergers and Acquisitions (M&As) and Wholly-Owned Subsidiaries (WOS) resulting from greenfield or brownfield investment.

Managerial decisions on resource commitment, flexibility, shifts in the mode of foreign market servicing and the influence of context on the combinations of modes of internationalisation will be explored. Furthermore, cooperative strategies and relationship challenges involved in these internationalisation modes will be discussed.

Learning objectives


The objective is that the student after the module possesses knowledge about:

  • theories explaining the choice of equity modes in internationalisation and used in analysing the specifics of each equity mode.
  • managerial decisions on resource commitment, flexibility, and shifts in equity modes of internationalisation.
  • the impact of home and host country context and institutions on the choice of equity modes of internationalisation and firm performance.


The objective is that the student after the module possesses skills in:

  • searching for, grouping and extracting key points from academic publications on equity modes of internationalisation.
  • reading and synthesizing IB based academic articles and books on equity modes.
  • comparing, contrasting and critically evaluating the relevance of different equity modes in context.


The objective is that the student after the module possesses abilities in:

  • identifying and analysing key theoretical and practical problems concerning equity modes of internationalisation.
  • applying the above knowledge and skills to case companies.
  • relating contemporary changes in the political environment to the strategic choice of equity modes of internationalisation.

Type of instruction

For information see § 17.



Name of examEquity Modes of Internationalisation
Type of exam
Written or oral exam
Individual examination.
Assessment7-point grading scale
Type of gradingInternal examination
Criteria of assessmentThe criteria of assessment are stated in the Examination Policies and Procedures

Facts about the module

Danish titleEquity Modes of Internationalisation
Module codeKAINB202218
Module typeCourse
Duration1 semester
Language of instructionEnglish
Location of the lectureCampus Aalborg
Responsible for the module


Study BoardStudy Board of Economics and Business Administration
DepartmentAalborg University Business School
FacultyFaculty of Social Sciences and Humanities