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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...
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作者:Lewin, Arie Y.; Massini, Silvia; Peeters, Carine
作者单位:Duke University; University of Manchester; Solvay SA
摘要:This paper empirically studies determinants of decision by companies to offshore innovation activities. It uses survey data from the international Offshoring Research Network project to estimate the impact of managerial intentionality, past experience, and environmental factors on the probability of offshoring innovation projects. The results show that the emerging shortage of highly skilled science and engineering talent in the US and, more generally, the need to access qualified personnel ar...
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作者:Fang, Eric (Er); Zou, Shaoming
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Missouri System; University of Missouri Columbia
摘要:The influence of firms' dynamic capabilities on performance has been well articulated in the strategy literature. Yet conceptualization and operationalization of dynamic capabilities in marketing function have not been attempted, and empirical evidence substantiating the effect of dynamic capabilities is scarce. This research develops a conceptualization of marketing dynamic capabilities (MDCs), investigates their development in international joint ventures (IJVs), and explores their effect on...
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作者:Eden, Lorraine
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作者:Durnev, Art; Errunza, Vihang; Molchanov, Alexander
作者单位:McGill University; Massey University
摘要:In countries with secure property rights, corporate transparency improves investment efficiency and increases growth by alleviating information asymmetry. However, in countries with insecure property rights, greater transparency can increase the risk of government expropriation. Therefore some firms that would benefit most from transparency cannot take full advantage of it, as they set sub-optimal transparency levels. Using data from 59 industries in 69 countries, we find that in countries wit...
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作者:Meyer, Klaus E.; Sinani, Evis
作者单位:University of Bath; Copenhagen Business School
摘要:Local firms may attract productivity spillovers from foreign investors, yet these vary with local firms' awareness, capability and motivation to react to foreign entry. In consequence, spillovers vary across countries at different levels of economic development. We apply competitive dynamics theory to analyze these contextual moderators of spillovers, and test hypotheses thus derived in a meta-analysis of the empirical literature on spillovers. Our analysis suggests a curvilinear relationship ...