This dissertation consists of an introductory chapter, followed by four papers that approach the
topic of internationalization of small economies and the multinational firm from different angles.
The concluding chapter deals with what happened in Iceland after the crisis that started in
October 2008 with the collapse of the Icelandic financial system and how the very fast
internationalization of Icelandic firms was possible, but only as further issues that need to be
researched. Each of the papers can be read individually as well as in the larger context of this
dissertation.