CONFIDENCE IN LEARNING: INTER- AND INTRAORGANIZATIONAL LEARNING IN FOREIGN MARKET ENTRY DECISIONS

• 成果类型: Article
• 署名作者: Li, Jiatao; Qian, Cuili; Yao, Fiona K.
• 署名单位: Hong Kong University of Science & Technology; City University of Hong Kong; University of Illinois System; University of Illinois Urbana-Champaign
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2250
• 发表日期: 2015
• 页码: 918-929
• 关键词: confidence; Organizational learning; imitation; Foreign investment; CHINA

摘要

From an organizational learning perspective, we argue that the information signaled by the distribution attributes of foreign investors already operating in a location will influence the entry decisions of later arrivals by affecting their level of confidence in imitating. In the context of foreign investment decisions, the proportion of experienced firms in a location was shown to first increase a follower firm's confidence about imitating them, but then to decrease it, due to anticipated competition. The impact of learning from target organizations also varies with the experience of the learning organization. Data on the location choices of 7,478 manufacturing ventures in China by U.S. firms supported the hypotheses. The results provide a more integrated and nuanced understanding of learning in foreign direct investment. Copyright (c) 2014 John Wiley & Sons, Ltd.