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作者：Lu, Jane Wenzhen; Song, Yuanyang; Shan, Mengmeng
作者单位：China Europe International Business School; East China University of Science & Technology; Shanghai University
摘要：Recent research suggests that subnational regions can explain the variation in foreign subsidiary performance. However, most studies either treat subnational regions as a whole or focus on formal institutions at the subnational level. This study examines how general social trust, an important dimension of informal institutions at the subnational level, affects foreign subsidiary performance. In a sample of 17,886 foreign investments in China in 2012, we find that the level of social trust in s...
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作者：Verbeke, Alain; Coeurderoy, Regis; Matt, Tanja
作者单位：University of Calgary; Vrije Universiteit Brussel; University of Reading; heSam Universite; ESCP Business School; Universite Catholique Louvain; Technical University of Munich
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作者：Kandogan, Yener; Hiller, Jens
作者单位：University of Michigan System; University of Michigan; University of Michigan Flint; University of Wuppertal
摘要：Drawing from political science alliance theories, we explain why countries are likely to enter regional trade agreements. We argue that the probability that this will happen is higher if the countries are allies in the same international governmental organizations (IGOs), as such alliances can help build trust and reduce political risk. Our results show that IGO scope and also partner reliability and influence in the IGO network play important roles. Our findings provide guidance to multinatio...
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作者：Barbopoulos, Leonidas G.; Danbolt, Jo; Alexakis, Dimitris
作者单位：University of Glasgow; University of Edinburgh; University of Edinburgh
摘要：This article examines the impact of earnout financing on the value of acquiring firms engaged in cross-border acquisitions (CBAs), using a dataset of UK, US, Canadian and Australian firms from 1992 to 2012. The results show that firms initiating international business operations via earnout-financed CBAs enhance their value more than acquirers in (a) domestic acquisitions and (b) remaining CBAs by established multinational corporations (MNCs). Our findings demonstrate the superiority of earnou...
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作者：Verbeke, Alain; Ciravegna, Luciano
作者单位：University of Calgary; Vrije Universiteit Brussel; University of Reading; University of London; King's College London; INCAE Business School
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作者：Abdi, Majid; Aulakh, Preet S.
作者单位：University of Sydney; York University - Canada
摘要：We assess the theoretical underpinnings and associated empirical findings of the three- stage sigmoid-curve relationship between degree of internationalization (DOI) and performance by re-examining the results reported in one of the prominent studies in the literature. We further conduct our own analyses of 23,474 observations of 2,620 US manufacturing firms over the period 1976-2008 and account for self-selection of firms into different degrees of internationalization by using a generalized p...
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作者：Quang Nguyen; Kim, Trang; Papanastassiou, Marina
作者单位：Middlesex University; Foreign Trade University FTU
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作者：Santangelo, Grazia D.; Stucchi, Tamara
作者单位：University of Catania
摘要：We introduce the notion of exaptation to internationalization theory, a process in which a capability is re-used for a purpose and in a context different than its historical purpose and context. Specifically, we examine which domestic capabilities may be redeployed when organizations engage in cross-border M&As for the first time. We suggest that organizations exapt (re-use) coordination and control capabilities, initially developed to manage domestic geographical dispersion, to acquire and in...
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作者：Turkina, Ekaterina; Van Assche, Ari
作者单位：Universite de Montreal; HEC Montreal
摘要：In today's knowledge economy, clusters are a key driver of a country's competitiveness. Yet a cluster's technological base is now more than ever influenced by constituent firms' actions to tap into distant knowledge sources. Drawing on a social network perspective, and distinguishing between horizontal versus vertical organization-based linkages, we explore the effects of a cluster's connectedness to foreign locations on its innovation performance. We show that improvements in horizontal and v...
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作者：Verbeke, Alain
作者单位：University of Calgary
