Types of firms generating network externalities and MNCs' co-location decisions

• 成果类型: Article
• 署名作者: Chang, SJ; Park, S
• 署名单位: Korea University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.464
• 发表日期: 2005
• 页码: 595-615
• 关键词: network externalities; agglomeration; CO-LOCATION; Foreign direct investment

摘要

This study identifies and examines sources of network externalities that influence MNCs to agglomerate their foreign operations in specific regions. Using data for Korean firms that invested in China, this study found that network externalities were sensitive to the types of firms constituting a regional network. It also found stronger network externalities within firms than across firms, from firms of the same nationality than from those of different nationalities, and from firms in the same industry than from those of different industries. As we defined the types of firms more precisely, distinctive curvilinear relationships between network externalities and the likelihood of co-location emerged. Copyright (c) 2005 John Wiley & Sons, Ltd.