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作者:Nachum, L
作者单位:City University of New York (CUNY) System; Baruch College (CUNY)
摘要:This study was inspired by the observation that foreign financial service firms operating in the City of London do not suffer the liability of foreignness to the extent suggested by theory. To examine the reasons for this departure from theory, the study advances a theoretical framework that distinguishes between three types of advantages that together account for the competitive performance of MNEs relative to that of indigenous firms. Empirical analyses of a sample of 296 foreign financial s...
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作者:Brouthers, KD; Brouthers, LE; Werner, S
作者单位:University of Texas System; University of Texas El Paso; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Houston System; University of Houston
摘要:According to transaction cost theory, firms select the international mode of entry that provides the most efficient form of governance. However, previous scholarship largely neglects the impact of transaction cost variables on entry mode choice and firm performance. In this study, we add transaction cost variables to a set of variables previously used to predict firm mode choice and performance. We theorize and find that firms selecting these 'transaction cost-enhanced international entry mode...
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作者:Delmar, F; Shane, S
作者单位:University System of Ohio; Case Western Reserve University; Stockholm School of Economics
摘要:Many prior researchers have criticized business planning, arguing that it interferes with the efforts of firm founders to undertake more valuable actions to develop their fledgling enterprises. In this paper, we challenge this negative view of business planning, arguing that business planning is an important precursor to action in new ventures. By helping firm founders to make decisions, to balance resource supply and demand, and to turn abstract goals into concrete operational steps, business...