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作者:Berry, Heather; Guillen, Mauro F.; Hendi, Arun S.
作者单位:George Washington University; University of Pennsylvania; University of Pennsylvania
摘要:We analyze convergence across countries over the last half century as a result of globalizing forces. Drawing on theories of modernization, dependency, the world-system, political trade blocs, and the world-society, we consider economic, demographic, knowledge, financial, and political dimensions of convergence. Using a new methodology, we calculate the minimum volume ellipsoid encompassing different groupings of countries, finding that during the 1960-2009 period, countries have not evolved s...
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作者:Lu, Jiangyong; Liu, Xiaohui; Wright, Mike; Filatotchev, Igor
作者单位:Peking University; Loughborough University; Imperial College London; emlyon business school; City St Georges, University of London; Vienna University of Economics & Business
摘要:We examine the extent to which Chinese government support of foreign direct investment (FDI) projects and host country institutional environments interact with prior entry experience by Chinese firms, and how this interrelationship affects FDI undertaken by Chinese firms. We hypothesize that home country government support and well-established host country institutions enhance organizational capabilities to take risks in FDI. As such, they reduce the need to accumulate experiential knowledge a...
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作者:Judge, William Q.; Fainshmidt, Stav; Brown, J. Lee, III
作者单位:Old Dominion University; State University System of Florida; Florida International University
摘要:Capitalism is the dominant economic system adopted throughout the global economy, but there are many different models of capitalism practiced depending on what the society decides economic effectiveness is. In this study, we assert that an effective economy simultaneously achieves two seemingly divergent outcomes: it (1) creates economic wealth efficiently, and (2) shares that wealth equitably. Employing insights from Whitley's national business systems framework and fuzzy set analysis, we exa...
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作者:Bekaert, Geert; Harvey, Campbell R.; Lundblad, Christian T.; Siegel, Stephan
作者单位:Columbia University; National Bureau of Economic Research; Duke University; University of North Carolina; University of North Carolina Chapel Hill; University of Washington; University of Washington Seattle
摘要:We introduce a new, market-based and forward-looking measure of political risk derived from the yield spread between a country's US dollar debt and an equivalent US Treasury bond. We explain the variation in these sovereign spreads with four factors: global economic conditions, country-specific economic factors, liquidity of the country's bond, and political risk. We then extract the part of the sovereign spread that is due to political risk, making use of political risk ratings. In addition, ...
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作者:Clougherty, Joseph A.; Gugler, Klaus; Sorgard, Lars; Szuecs, Florian W.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; Centre for Economic Policy Research - UK; Vienna University of Economics & Business; Norwegian School of Economics (NHH); Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung
摘要:Two literatures exist concerning cross-border merger activity's impact on domestic wages: one focusing on positive spillover effects; the other focusing on negative bargaining effects. Motivated by scarce theoretical scholarship spanning these literatures, we nest both mechanisms in a single conceptual framework. Considering the separate phenomena of inward and outward cross-border merger activity, our theoretical model generates three formal propositions: cross-border mergers can lead to wage...
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作者:Morris, Shad; Hammond, Ryan; Snell, Scott
作者单位:Brigham Young University; Sungkyunkwan University (SKKU); University of Virginia
摘要:Scholars seeking to understand the origin of dynamic capabilities have struggled to articulate specific capabilities and locate their source of variation within the firm. We propose that the transnational imperative and a microfoundations approach to knowledge search can help to develop this topic. Adopting an engaged scholarship approach, hypotheses are tested in a global consulting company. Counter to traditional capabilities arguments, we find that drawing from globally dispersed colleagues...