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作者:Hope, Ole-Kristian; Jiang, Shushu; Vyas, Dushyantkumar
作者单位:University of Toronto; BI Norwegian Business School; University of Toronto
摘要:In this paper, we examine the monitoring role of government customers in emerging markets, a setting where public procurement is significant but the procurement institutions are weak. In these countries, financial statement certifications could be an important mechanism for a private firm to facilitate contracting with governments. Employing a sample of private firms across 98 emerging economies, we first document in-depth private-firm audit regulations for each country. We find that firms are...
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作者:Sun, Pei; Deng, Ziliang; Wright, Mike
作者单位:University of Manchester; Alliance Manchester Business School; Renmin University of China; Imperial College London
摘要:Forming international joint ventures (IJVs) with political institutions in emerging economies involves both benefits and risks for multinational enterprises (MNEs). While political partners can provide IJVs with various resources, their political status equips them with a strong position to appropriate rents in IJVs. We address this tension by examining how host state ownership affects both innovation inputs and outputs in China-based IJVs over 2008-2013. Despite the potential government oppor...
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作者:Wang, Danqing; Zhu, Zhitao; Chen, Shuo; Luo, Xiaowei Rose
作者单位:Hong Kong University of Science & Technology; Chinese University of Hong Kong; Fudan University; INSEAD Business School
摘要:Drawing on the sociological literature of state bureaucracy, we develop a political incentive perspective on FDI inflows. We argue that political term, as a core feature of career advancement in state bureaucracy, influences the incentives of newly appointed government officials and in turn their efforts toward achieving the state's goal of attracting FDI. Due to the mandatory retirement age which limits the career advancement, officials in their first terms perceive that they have better chan...
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作者:Parente, Ronaldo; Melo, Marne; Andrews, Daniel; Kumaraswamy, Arun; Vasconcelos, Flavio
作者单位:Instituto Nacional de Metrologia, Qualidade e Tecnologia (INMETRO); State University System of Florida; Florida International University; Getulio Vargas Foundation
摘要:How can an emerging economy, beset by political, economic and resource challenges, jump-start the technology catch-up process in the agricultural sector and then forge an ecosystem to facilitate the continual generation and dissemination of innovations? Equally important, how can it maintain the viability and salience of its catch-up initiatives subsequent to the entry and inevitable dominance of multinational companies? We answer these questions by studying catch-up in Brazil's soy seeds sect...
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作者:Prud'homme, Dan; Tong, Tony W.; Han, Nianchen
作者单位:University of Colorado System; University of Colorado Boulder
摘要:In this article, we address several limitations of prior international business studies that investigate how and why intellectual property rights (IPR) institutions evolve in ways of consequence to multinationals. To do this, we develop a dynamic stakeholder-based view (SBV) of micro- and macro-processes shaping the evolution of formal institutions. The SBV micro-processes include (1) establishment of endogenous and exogenous stakeholders, (2) formation of stakeholders' interests, (3) evaluati...
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作者:Lazzarini, Sergio G.; Mesquita, Luiz F.; Monteiro, Felipe; Musacchio, Aldo
作者单位:Insper; Arizona State University; Arizona State University-Tempe; INSEAD Business School; Brandeis University; National Bureau of Economic Research
摘要:We examine the relative merits of state (SOE) and private (POE) ownership on firm invention output in emerging as well as developed economies. Firm SOE affords a vehicle by which governments throughout the world encourage risky investment in new technological paths. Yet, from a traditional agency-theoretical standpoint, SOEs are plagued by low-powered incentives and dysfunctional involvement (e.g., wasteful budgets and political meddling), which reduces SOE performance, relative to POEs. To ex...
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作者:Genin, Aurora Liu; Tan, Justin; Song, Juan
作者单位:University of Massachusetts System; University of Massachusetts Amherst; York University - Canada; Central South University
摘要:Can state governance spur firm innovation in an emerging economy and transform state-owned enterprises (SOEs) from dying dinosaurs to dynamic dynamos? We seek an answer to this question by investigating the innovative performance of restructured SOEs in China's high-speed train sector. We expect that SOE restructuration will improve firm innovation, but that the degree of improvement will depend on how the state conducts firm governance. Building on institutional theory, we distinguish state g...
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作者:Gregoric, Aleksandra; Rabbiosi, Larissa; Santangelo, Grazia D.
作者单位:Copenhagen Business School; Copenhagen Business School
摘要:The liability of origin makes participation in international technology licensing challenging for emerging market firms. We draw on signaling theory to propose that diaspora ownership - diaspora members' equity investments in their homeland firms - constitutes a reliable third-party signal of emerging market firms' trustworthiness, which facilitates the access of these firms to international technology licensing. We further hypothesize that the efficacy of diaspora ownership as a third-party s...
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作者:Anand, Jaideep; McDermott, Gerald; Mudambi, Ram; Narula, Rajneesh
作者单位:University System of Ohio; Ohio State University; University of South Carolina System; University of South Carolina Columbia; Austral University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Reading
摘要:This article argues that innovation in and from emerging economies is largely shaped by the challenges of sustained catching-up with the advanced economies. Just as firms and industries are constantly seeking to upgrade their technological and organizational capabilities, so too are their societies reconfiguring their institutions and networks to improve their knowledge resources. Such a co-evolutionary process requires IB scholars to draw on interdisciplinary work from the innovation and deve...
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作者:Moore, Elizabeth M.; Dau, Luis Alfonso; Mingo, Santiago
作者单位:Northeastern University; Universidad Adolfo Ibanez
摘要:Does entrepreneurship in a country benefit from trade integration? Moreover, do all types of entrepreneurs respond the same way to this integration? Specifically focusing on formal and informal entrepreneurship, we analyze the effects of trade integration in the context of different levels of economic development. First, we propose that trade integration increases a country's formal entrepreneurship while decreasing a country's informal entrepreneurship. A key mechanism explains this relations...