Diversification and Internationalization in the European Single Market: The British Exception
研究了1992年欧洲单一市场建成后，1993至2010年间欧洲企业多元化与国际化战略的变化，发现英国企业对欧洲市场的投入持续偏低，这预示了后来的英国脱欧。
This article examines the long-run impact of the 1992 completion of the European Single Market on the diversification and internationalization of European business. It does so at a particular moment of crisis: the exit of the United Kingdom from the European Union (“Brexit”). The article finds that completion of the European Single Market is indeed associated with significant and widespread changes in the strategies of European businesses between 1993 and 2010. European business has converged on more focused diversification strategies and followed similar patterns of internationalization. The most significant exception is the consistently low level of British business's commitment to European markets. The distinctiveness of British internationalization is, in a sense, Brexit foretold.