Timing of entry in international market: An empirical study of US fortune 500 firms in China

成果类型:
Article
署名作者:
Gaba, V; Pan, YG; Ungson, GR
署名单位:
University of Oregon; York University - Canada; University of Hong Kong; California State University System; San Francisco State University; University of Oregon
刊物名称:
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
ISSN/ISSBN:
0047-2506
DOI:
10.1057/palgrave.jibs.8491004
发表日期:
2002
页码:
39-55
关键词:
摘要:
This study attempts to explain the timing of entry of firms in international markets, Based on the existing literature, we propose a framework that consists of firm-specific factors, industry/market factors, and host country factors, Empirical results, based on the entry information of U.S. Fortune 500 firms in China between 1979 and 1996 show that larger firms with greater level of internalization and scope economies are likely to enter this foreign market earlier. In addition, non-equity modes, competitors' behavior in the product market, and lower levels of country risk are significantly associated with early entry.
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