Causes of the difficulties in internationalization

• 成果类型: Review
• 署名作者: Cuervo-Cazurra, Alvaro; Maloney, Mary M.; Manrakhan, Shalini
• 署名单位: University of South Carolina System; University of South Carolina Columbia; University of St Thomas Minnesota; University of Mauritius
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/palgrave.jibs.8400295
• 发表日期: 2007
• 页码: 709-725
• 关键词: cost of doing business abroad; Liability of foreignness; INTERNATIONALIZATION; multinational enterprises; RESOURCE-BASED THEORY

摘要

We study the causes of the difficulties faced by firms when they internationalize in search of new markets. We build on the resource-based theory to argue that the difficulties in internationalization can be separated into three main sets based on their relationship to advantage: loss of advantage provided by resources transferred abroad; creation of a disadvantage by resources transferred abroad; and lack of complementary resources required to operate abroad. In each set, we further distinguish difficulties that are specific to a firm from those that are common to a set of firms. We argue that only a few of the resulting types of difficulties of internationalization are exclusive to the cross-border expansion, and propose solutions that address the root cause of each type.