The guest editors of this e-book feel that role of the internet is often unjustly exaggerated in relation to international business theory and application. For them the internet has a paradoxical nature, which is explored in the articles that comprise the issue. The aim of the e-book was to bring together research that provides a basis for understanding novel international business phenomena, facilitated by the emergence the internet. The papers which are included cover areas of firm internationalization, Information Communication and Technology (ICT) facilitated relationships between small and large firms, ICT-enabled structural change in multinational companies and ICT impact on the customer and supplier relationships.