作者：Woo, Hyun-Soo; Cannella, Albert, Jr.; Mesquita, Luiz
作者单位：University of Mississippi; Texas A&M University System; Texas A&M University College Station; Mays Business School; Arizona State University; Arizona State University-Tempe
摘要：Research Summary Prior agglomeration research takes a competitive-level view, where any incumbent is considered as a rival by a new entrant in the same geographic market. Our study suggests an alternative corporate-level view, where entry by multiunit firms must consider sister units as well as rivals in the market. Theorizing about a sharing mechanism between sister units distinct from a spillover mechanism between rivals, we expect that multiunit firms locate new units nearer sister vis-a-vi...
作者：Belderbos, Rene; Tong, Tony W.; Wu, Shubin
作者单位：KU Leuven; Maastricht University; Maastricht University; University of Colorado System; University of Colorado Boulder; University of Liverpool
摘要：Research Summary One of the motivations for multinational firms' investment in foreign affiliates in uncertain environments is the future growth opportunities the investment may bring. We argue that whether firms derive growth option value from their multinational investment is determined by the interaction between market uncertainty and firms' incremental investment strategy. We show evidence that multinational investment creates growth option value for firms operating affiliates in host coun...
