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作者:Miller, Danny; Lee, Jangwoo; Chang, Sooduck; Le Breton-Miller, Isabelle
作者单位:University of Alberta; Kyungpook National University (KNU); Hannam University
摘要:Family businesses (FBs) are said to treat their employees with unusual consideration to form a cohesive internal community''. They are also claimed to develop deeper, more extensive connections'' or relationships with outside stakeholders. Both behaviors may increase the viability of a business intended to support an owning family and its later generations. Such social linkages, we believe, may compensate for the lack of capital, product and labor institutional infrastructures in dynamic emerg...
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作者:Luo, Xiaowei; Chung, Chi-Nien; Sobczak, Michael
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; National University of Singapore; University of Illinois System; University of Illinois Urbana-Champaign
摘要:This study examines the impact of national corporate governance models on inward foreign direct investment (FDI) in emerging economies. We consider three potential mechanisms, and conduct an empirical test of how family ownership and control in large group-affiliated firms in Taiwan affect joint venture investment from US and Japanese firms during the period 1988-1998. Results support the neo-institutional perspective of FDI developed in this study: the home-country corporate governance models...
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作者:Buckley, Peter J.; Casson, Mark C.
作者单位:University of Leeds; University of Reading
摘要:This paper reviews the progress of the research agenda initiated by The Future of the Multinational Enterprise (1976). Focusing initially on the problem of explaining the existence of the multinational enterprise, the agenda soon broadened to encompass the analysis of alternative modes of foreign market entry, the role of international joint ventures, the impact of innovation on corporate growth, and the role of culture in international business. The core philosophy-based on the Coasian nature...
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作者:Enright, Michael J.
作者单位:University of Hong Kong
摘要:Analysis of survey results from 440 manufacturing multinationals active in the Asia-Pacific shows that there are significant differences in the patterns of location decisions for different corporate activities in the region. Analysis of a random effects mixed model of activity location suggests relationships between a variety of location and firm attributes and foreign investment in different activities, and shows that the patterns of significance among the explanatory variables differ across ...
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作者:Jandik, Tomas; Kali, Raja
作者单位:University of Arkansas System; University of Arkansas Fayetteville
摘要:We examine how the organizational structure for diversification decisions involving firms from different countries is affected by the institutional context of the target country. Our theoretical analysis suggests that, as legal systems improve and information asymmetry is reduced, a transition from relational, firm-like'' arrangements to arm's length, market-like'' arrangements takes place. If institutions continue to improve, eventually a threshold is crossed after which arm's length deals ed...
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作者:Puck, Jonas F.; Holtbruegge, Dirk; Mohr, Alexander T.
作者单位:University of Erlangen Nuremberg; University of Bradford
摘要:While there is a vast amount of research on firms' choice of ownership form when entering a foreign market, little attention has been paid to changes in ownership forms of operation abroad after initial entry. Using transaction cost economics and institutional theory we identify a number of factors that may help to explain the likelihood of foreign firms' converting their joint venture with a local firm into a wholly owned subsidiary. We formulate a number of hypotheses and test them against d...
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作者:Madhavan, Ravi; Iriyama, Akie
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; State University of New York (SUNY) System; University at Buffalo, SUNY
摘要:Industry participants and observers view venture capital as fundamentally a local business. However, recent data show an increasing share of US venture capital investments flowing overseas. We suggest that cross-border venture capital flows are associated with the formation of transnational technical communities'' (TTCs), groups of immigrants active in both home- and host-country technical networks. Our results highlight the role of human networks as a mechanism of industry globalization, and ...
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作者:Filatotchev, Igor; Liu, Xiaohui; Buck, Trevor; Wright, Mike
作者单位:City St Georges, University of London; Loughborough University; University of Nottingham; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:Combining international business research with the knowledge-based view, this paper examines factors affecting the export orientation and export performance of high-technology Small and medium enterprises (SMEs) in an emerging economy. Using a unique, hand-collected dataset of 711 SMEs from Zhongguancun Science Park in China, it argues that export orientation and performance depend not only on the development of capabilities through R&D and technology transfer, but also on entrepreneurial char...
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作者:Chakrabarti, Rajesh; Gupta-Mukherjee, Swasti; Jayaraman, Narayanan
作者单位:University System of Georgia; Georgia Institute of Technology; Indian School of Business (ISB); Loyola University Chicago
摘要:Using a sample of over 800 cross-border acquisitions during 1991-2004, we find that, contrary to general perception, cross-border acquisitions perform better in the long run if the acquirer and the target come from countries that are culturally more disparate. We use mainly the Hofstede measure of cultural dimensions to measure cultural distance, but also examine alternative proxies. The positive relationship of performance to cultural distance persists after controlling for several deal-speci...
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作者:Oddou, Gary; Osland, Joyce S.; Blakeney, Roger N.
作者单位:California State University System; California State University San Marcos; California State University System; San Jose State University; University of Houston System; University of Houston
摘要:Because of the strategic importance of organizational learning in a global economy, the knowledge that repatriates acquire during international assignments is a valuable resource. Few multinational enterprises, however, actively harvest this knowledge, and little quantitative empirical research on this topic exists to date. We propose an original model and propositions that delineate the facilitative and inhibiting factors affecting repatriate knowledge transfer to work units. We conclude with...