Explaining the clustering of international expansion moves: A critical test in the US telecommunications industry

• 成果类型: Article
• 署名作者: Gimeno, J; Hoskisson, RE; Beal, BD; Wan, WP
• 署名单位: INSEAD Business School; Arizona State University; Arizona State University-Tempe; Louisiana State University System; Louisiana State University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• 发表日期: 2005
• 页码: 297-319
• 关键词: FOREIGN DIRECT-INVESTMENT; Herd behavior; OLIGOPOLISTIC REACTION; firm heterogeneity; entry; determinants; Isomorphism; COMPETITION; imitation; EVOLUTION

摘要

This study distinguishes alternative competitive and institutional explanations of interorganizational mimicry by examining the clustering of U.S. telecommunications firms' 1995-95 moves into other Western Hemisphere countries. Mimicry of entry moves was more likely when both a focal firm and prior movers had large shares in the same domestic markets. More mimicry occurred among oligopolistic long-distance firms than among monopolistic local-exchange phone companies. Thus, mimetic international entry was strongly linked to the structure of domestic competition.