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作者：Hernandez, Exequiel; Guillen, Mauro F.
作者单位：University of Pennsylvania
摘要：We review the classic theory of the MNE and past attempts to use it to understand the internationalization of firms from emerging markets. We offer two criteria to determine whether EMNEs modify classic theory or not: (1) establishing appropriate theoretical reference points, and (2) distinguishing between theoretical constructs and empirical variables. We suggest that the literature can benefit from moving beyond comparing EMNEs to DMNEs and focusing instead on more fruitful issues. Specifica...
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作者：Deng, Ziliang; Jean, Ruey-Jer Bryan; Sinkovics, Rudolf R.
作者单位：Renmin University of China; National Chengchi University; University of Manchester; Alliance Manchester Business School; Lappeenranta-Lahti University of Technology LUT; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：Rapid export expansion into institutionally distant locations has become more possible in the era of digital economy. Will such rapid expansion bring desirable outcome to firms? In a context of international new ventures (INVs) from emerging markets, we reconceptualize export expansion speed as the pace of exporting across institutional distance over a certain period of time. We then examine the relationship between rapid export expansion across institutional distance and overall firm performa...
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作者：Gao, Gerald Yong; Wang, Danny Tan; Che, Yi
作者单位：University of Missouri System; University of Missouri Saint Louis; Hong Kong Baptist University; Shanghai Jiao Tong University
摘要：Historical relations between countries bring important explanatory power for foreign direct investment (FDI) decisions, yet little is known on whether a home-host country relation exhibits heterogeneous effects on FDI across the country's subnational regions. In this study, we examine the long-term impact of historical conflict on FDI location choices and performance. Using a sample of 8,646 Japanese FDI in China, we show that civilian casualties in different provinces of China during the Seco...
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作者：Banalieva, Elitsa R.; Cuervo-Cazurra, Alvaro; Sarathy, Ravi
作者单位：Northeastern University
摘要：We analyze how pro-market institutions affect firm performance in emerging markets. Integrating transaction costs and signaling theory, we advance three arguments. First, we separate four dynamic components of pro-market institutions: intensifying and fading pro-market reforms and intensifying and fading pro-market reversals. Second, we propose an asymmetric dynamic view whereby not only intensifying reforms but also fading reversals improve firm performance, while not only fading reforms but ...
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作者：Maseland, Robbert; Dow, Douglas; Steel, Piers
作者单位：University of Groningen; University of Melbourne; University of Calgary
摘要：This Counterpoint investigates the continued relevance of the 30-year-old Kogut and Singh (KS) index of cultural distance. KS was a seminal contribution, highlighting the relevance of cultural differences in IB. However, since then, simplistic replications of the original arguments and index have prevented us from progressing towards a better understanding of how cross-national differences matter. We discuss the mechanisms underlying the construct and how they relate to the algorithm, data, an...
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作者：Xie, Zhenzhen; Li, Jiatao
作者单位：Tsinghua University; Hong Kong University of Science & Technology
摘要：Building on the recombinatory view of innovation and an institutional perspective, this study investigated how the level of institutional development in a firm's home region and the institutional distance between the home and export markets might influence the effectiveness of learning through exporting. For exporters in emerging economies, more support for R&D and better-developed market intermediaries at home were found to enhance the positive effect of exporting on firms' innovation, while ...
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作者：Buckley, Peter J.; Clegg, L. Jeremy; Voss, Hinrich; Cross, Adam R.; Liu, Xin; Zheng, Ping
作者单位：University of Leeds; Xi'an Jiaotong-Liverpool University; BNP Paribas; Sheffield Hallam University
摘要：Our original 2007 Journal of International Business Studies article, The determinants of Chinese Outward Foreign Direct Investment'', was the first theoretically based empirical analysis of the phenomenon. It utilised internalisation theory to explain the internationalisation of Chinese state-owned enterprises. This paper showed that we had failed to ask sufficiently challenging questions about the effects of home country institutions on outward foreign direct investment (OFDI). This Retrospec...
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作者：Morris, Shad; Snell, Scott; Bjorkman, Ingmar
作者单位：Brigham Young University; University of Virginia; Aalto University
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作者：Kano, Liena
作者单位：University of Calgary
摘要：Global value chain (GVC) governance is an established field within international business research, yet the relational aspects of GVCs have, to date, garnered less scholarly attention than have efficiency considerations. This conceptual study's objective is to explore the relational dynamics of GVC governance using an internalization theory perspective, and by linking GVC research with insights from the business network literature. GVCs are argued to be a distinct form of asymmetrical networks...
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作者：Quang Nguyen; Kim, Trang; Papanastassiou, Marina
作者单位：Middlesex University; Foreign Trade University FTU
摘要：We explore the link between uncertainty in economic policy, firm-level FDI, and firm hedging behavior - building upon a newspaper-based index of economic policy uncertainty (EPU). We find that the relative difference in EPU between home and host country has a significant relationship with FDI. Firms increase their FDI level in countries, which have a low level of EPU relative to their home country. In addition, firms use derivatives more intensively in response to an increase in EPU. Interesti...
