作者:Gaur, Ajai S.; Pattnaik, Chinmay; Singh, Deeksha; Lee, Jeoung Yul
作者单位:Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark; University of Sydney; Rutgers University System; Rutgers University New Brunswick; Rutgers University Camden; Chongqing Technology & Business University; Hongik University
摘要:We extend internalization theory by examining the contingencies associated with market internalization and its impact on foreign subsidiary survival. Based on a sample of 6170 subsidiary-year observations in 63 countries belonging to 292 MNCs from Korea during 1995-2013, we find that greater product and labor market internalization have weaker impacts on the survival of subsidiaries operating in countries with more developed institutional environments but stronger for subsidiaries of MNCs affi...
作者:Strange, Roger; Humphrey, John
作者单位:University of Sussex
摘要:In this paper, we suggest that internalization theory might be extended by incorporating complementary insights from GVC theory. More specifically, we argue that internalization theory can explain why lead firms might wish to externalize selected activities, but that it is largely silent on the mechanisms by which those lead firms might exercise control over the resultant externalized relationships with their GVC partners. We advance an explanation linking the choice of control mechanism to tw...