The evolutionary view of the MNE and the future of internalization theory

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The end of the opportunism vs trust debate: Bounded reliability as a new envelope concept in research on MNE governance (2009, background): “Verbeke (2003) argues that the closest link between opportunism and value creation may be the intrinsic value arising from a reputation for not acting opportunistically, whether in the context of internal or external contracts (cf. Hill, 1990).”
Offshoring innovation to emerging markets: Organizational control and informal institutional distance (2014, background): “Our theory is consistent with conceptual work by Verbeke (2003) who proposes that an MNE’s strategic decisions are predicated upon a consideration of both the firm’s need to minimize costs associated with opportunism, in addition to the firm’s need to learn.”
Exchange hazards, relational reliability, and contracts in China: The contingent role of legal enforceability (2010, background): “isms, such as reputation, bonds, network ties, and professional pressures (Verbeke, 2003).”
Towards a Theory of Regional Multinationals: A Transaction Cost Economics Approach (2005, background): “In reality, regionalism is often an efficient substitute for ill-functioning multilateral institutions, Rugman and Verbeke (2003).”