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Internationalization
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=== Updated Uppsala model === {{Main|Uppsala model}} The Updated Uppsala model<ref>{{cite journal |last1=Johanson |first1=J. |last2=Vahlne |first2=J.-E. |date=2009 |title=The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership. |url=https://link.springer.com/article/10.1057/jibs.2009.24 |journal=Journal of International Business Studies |volume=40 |issue=9 |pages=1411β1431 |doi=10.1057/jibs.2009.24 |s2cid=17711333 |access-date=April 29, 2021|url-access=subscription }}</ref> is a further progression of the original Uppsala model. Like the Uppsala model, the Updated Uppsala model is a theory that explains firm internationalization as a process of gradual commitment. However, instead of an increased commitment to other markets, the theory posits that firms commit to business networks.<ref>{{cite journal |last1=Johanson |first1=J. |last2=Vahlne |first2=J.-E. |date=2013 |title=The Uppsala model on evolution of the multinational business enterprise: From internalization to coordination of networks |url=https://www.emerald.com/insight/content/doi/10.1108/02651331311321963/full/html |journal=International Marketing Review |volume=30 |issue=3 |pages=189β210 |doi=10.1108/02651331311321963 |access-date=April 29, 2021|url-access=subscription }}</ref> Firms thereby utilize the established relationships with other firms to internationalize within their network, e.g. by localizing production at a foreign production site of the client.<ref>{{cite journal |last1=Hertenstein |first1=P. |last2=Sutherland |first2=D. |last3=Anderson |first3=J.|date=2017 |title=Internationalization within networks: Exploring the relationship between inward and outward FDI in China's auto components industry |url=https://link.springer.com/article/10.1007/s10490-015-9422-3 |journal=Asia Pacific Journal of Management |volume=34 |pages=69β96 |doi=10.1007/s10490-015-9422-3 |s2cid=55924013 |access-date=April 29, 2021}}</ref>
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