FELICIA M. FAI is a Lecturer in International Business at the University of Bath's School of Management, UK. Her research interests include competence development, knowledge transfers and foreign direct investment behaviour. She has contributed to academic journals and conferences, writing on corporate technological diversification, the role of language in cross-border alliances, knowledge transfer in supply chains, and evidence of rising technological competencies in China. ELEANOR J. MORGAN is Senior Lecturer in Business Economics at the University of Bath's School of Management, UK.

• List of Tables List of Figures Foreword; J.Clegg Notes on the Contributors Managerial Issues in International Business: Introduction; F.M.Fai & E.J.Morgan The Relevance of Internationalization Theories: A Contingency Framework; C.A.Solberg & V.Askeland Cheating and Incentive Schemes in International Joint Ventures; U.F.Ott Managerial Perspectives on Business Purpose: Values, National Values and Institutions; S.Harris & C.Carr A New Perspective on Parenting Spin-offs for Cluster Formation; M.P.Ferreira, W.Hesterley & A.T.Tavares Towards an Explanation of MNE FDI in the City of London Financial Services Cluster; N.R.Pandit, G.A.S.Cook & P.N.Ghauri International Entrepreneurship Strategy and Managing Network Dynamics: SMEs in the UK Advertising Sector; D.K.Boojihawon Cross-Border Management Issues in International Law Firms; S.Segal-Horn & A.Dean The Performance Management-Training Interface in Australian Firms in China; S.McGrath-Champ & X.Yang Country of Origin Effects on Knowledge Transfers from MNEs to their Chinese Suppliers: An Exploratory Investigation; J -L.Duanmu Foreign Direct Investment Flows into an Integrating Europe: MNE Strategy and Location Decisions1981-2001; D.Dimitropoulou & R.Pearce New Directions in International Business; S.Collinson, P.Buckley, G.Yip & J.Dunning Index