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作者:Kim, Minyoung; Lampert, Curba Morris; Roy, Raja
作者单位:University of Kansas; State University System of Florida; Florida International University; New Jersey Institute of Technology
摘要:This paper examines the impact of the extent of the regionalization of MNEs' R&D activities on their inventive performance. By joining the regionalization theory with the recombinant view of invention, we challenge the implicit assumption that all foreign knowledge-seeking activities will necessarily offer new knowledge to the firm. We introduce the (dis)economies of interdependence, defined as the (dis)advantages that the firm derives due to the interdependence among countries within a region...
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作者:Rosa, Benjamin; Gugler, Philippe; Verbeke, Alain
作者单位:University of Fribourg; University of Fribourg; University of Calgary; University of Reading; Vrije Universiteit Brussel
摘要:We describe the extent to which the world's largest companies (in terms of revenues), achieve sales around the globe, and have been able to penetrate markets outside of their home region. We try to answer the following question:Has there been a recent increase in the world's largest firms achieving a global sales orientation, meaning a balanced, global distribution of sales?Rugman & Verbeke (2004) found that few of the 2002 Fortune Global 500 (Fortune Magazine 2002) firms, accounting for over ...
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作者:Prashantham, Shameen; Birkinshaw, Julian
作者单位:China Europe International Business School; University of London; London Business School
摘要:Although international business scholars have begun to recognize the division of entrepreneurial labor between MNEs and SMEs, there is a fragmented understanding of the different forms MNE-SME cooperation can take. We develop a typology that takes into account not only complementarity of capabilities but also, crucially, thecompatibility of intentbetween MNEs (exploration vs. exploitation) and SMEs (international vs. domestic orientation). The framework offers a novel way to understand the for...
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作者:Marshall, Victor B.; Brouthers, Lance Eliot; Keig, Dawn L.
作者单位:University System of Georgia; Kennesaw State University; Whitworth University
摘要:Understanding the antecedents to, and consequences of, a firm's degree of internationalization is integral to international business research. In order to be accepted by scholars, empirical research that tests hypotheses regarding drivers and/or consequences of firm internationalization needs to use a valid measure of firm internationalization. In this paper, we develop a new measure, the ratio of international market shares (RIMS); RIMS measures a firm's degree of conformance to the theoretic...
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作者:Hutzschenreuter, Thomas; Harhoff, Philippa-Luisa
作者单位:Technical University of Munich; WHU - Otto Beisheim School of Management
摘要:A multinational enterprise develops its subsidiary portfolio by investing in new foreign markets and subsequently pursuing further investments within these host countries. We find that firms which locate their first equity investment closer to the national capital city can subsequently expand their subsidiary portfolio within the host country at a higher speed. This effect is particularly strong in emerging economies. Further analyses of various contingencies support the robustness of our find...
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作者:Kim, Heechun; Wu, Jie; Schuler, Douglas A.; Hoskisson, Robert E.
作者单位:University of Calgary; University of Macau; Rice University
摘要:Our study reveals the financial performance implications of the speed at which Chinese multinational enterprises (CMNEs) expand into intra-regional versus inter-regional host countries. In doing so, we propose a framework that integrates internationalization speed and home regionalization literatures. Using data from 767 publicly listed CMNEs from the years 2002 to 2014, we discover that the faster the intra-regional internationalization, the better the firm's financial performance, whereas fa...
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作者:Hennart, Jean-Francois
作者单位:Tilburg University; Polytechnic University of Milan; Aalborg University
摘要:As a counterpoint to Prashantham and Birkinshaw, I present an alternative model of MNE-SME cooperation where either type of firms can take the role of content provider or distributor. I argue that MNEs will interact with SMEs when there are differences in optimal scale between the content creation and distribution stages of the value chain, and it is not feasible or efficient for either party to vertically integrate between these two stages. I then build two 2 x 2 bundling models, one in which...
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作者:Jeong, Yujin; Siegel, Jordan I.
作者单位:American University; University of Michigan System; University of Michigan
摘要:Beginning with Rugman and Verbeke (J Int Bus Stud 35(1):3-18, 2004), several international business (IB) scholars have proposed that most large multinationals are not global but regional. This argument has recently been challenged for both its conceptualization and its implementation. We aim to contribute to this debate by revisiting the definitions of regional and global, by leveraging data from the U.S. Bureau of Economic Analysis that is new to this literature, and by analyzing multinationa...
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作者:Westney, D. Eleanor
作者单位:Massachusetts Institute of Technology (MIT); York University - Canada