In a rockable-cam equipped reciprocating internal combustion engine, a rockable cam is rotatably fitted on the outer periphery of an intake-valve drive shaft that is rotatable in synchronism with rotation of a crankshaft. The rockable cam oscillates within predetermined limits during rotation of the intake-valve drive shaft so as to directly push an intake-valve lifter. As viewed from an axial direction of the crankshaft, an axis of the intake-valve drive shaft is offset from a centerline of the intake-valve stem in a first direction that is normal to both the cylinder centerline and the crankshaft axis and directed from the cylinder centerline to the intake valve side. The crankshaft axis is also offset from the cylinder centerline in the first direction.