作者：Makadok, R
作者单位：Emory University
摘要：Evolutionary and resource-based theories imply that firms in an industry with different resources and capabilities may differ in critical characteristics of their production functions, such as economies of scale. This paper measures these inter-firm differences in economies of scale and examines how they affect the subsequent evolution of the market share distribution in the money market mutual fund industry. The findings indicate that fund families with larger marginal benefits to increasing ...
作者：Delios, A; Beamish, PW
作者单位：Hong Kong University of Science & Technology; Western University (University of Western Ontario); University Western Ontario Hospital
摘要：We compare the effects of transactional, institutional, and experience influences on the ownership strategies of Japanese investors. Our theoretical development suggests that the equity position of a foreign investor should increase as the specificity of the assets transferred to the foreign affiliate increases, but a lower equity position should be assumed when the foreign investor requires complementary assets to establish a foreign entry. international experience and a strong institutional ...
