TY - JOUR AB - Purpose– The purpose of this the paper is to review the motives for internationalization to clarify previous arguments and provide a theory-driven classification. Design/methodology/approach– The authors build on behavioral economics and propose a classification of internationalization motives as the result of the interaction among two dimensions, an economics-driven exploitation of existing resources or exploration of new resources, and a psychology-driven search for better host country conditions or avoidance of poor home country conditions. Findings– These two dimensions result in four internationalization motives: sell more, in which the company exploits existing resources at home and obtains better host country conditions; buy better, in which the company exploits existing resources abroad and avoids poor home country conditions; upgrade, in which the company explores for new resources, and it obtains better host country conditions; and escape, in which the company explores for new resources and avoids poor home country conditions. Originality/value– This theory-driven classification provides predictive power for future analyses of internationalization motives. VL - 23 IS - 1 SN - 1525-383X DO - 10.1108/MBR-02-2015-0009 UR - https://doi.org/10.1108/MBR-02-2015-0009 AU - Cuervo-Cazurra Alvaro AU - Narula Rajneesh AU - Un C. Annique ED - Prof. Alvaro Cuervo-Cazzura PY - 2015 Y1 - 2015/01/01 TI - Internationalization motives: sell more, buy better, upgrade and escape T2 - The Multinational Business Review PB - Emerald Group Publishing Limited SP - 25 EP - 35 Y2 - 2024/04/25 ER -