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ab April 2004
Letzte Nummer: Mai 2009
Jahr 2008
International Business: Strategy, Management, and the New Realities, by S. T. Cavusgil, G. Knight, J. R. Riesenberger, is reviewed.
Knee Deep in the Big Muddy: The Survival of Emerging Market Firms in Developed Markets
This study of Latin American banks located in the United States employs a resource-based framework to explain how subunits of emerging market firms can overcome the challenges of operating in a developed market. * Our results show that an EMF subunit can draw upon ethnic identity as a valuable and costly-to-imitate resource to achieve competitive parity in the developed market. * Ethnic resources can be generated not only from ethnically similar customers but also from ethnically similar comp...
Recognizing that country-specific resources are generally difficult to imitate or diffuse across national boundaries, we propose that home country conditions are key determinants of firms' strategic choices. By embracing insights from both institutional economics and resource-based view, we identify two country-level environmental constituents - domestic market size and legal institutions - to examine how these resources influence multinational firms' international diversification strategies....
Enhancing the Trustworthiness of Qualitative Research in International Business
Reliability, validity, generalisability and objectivity are fundamental concerns for quantitative researchers. For qualitative research, however, the role of these dimensions is blurred. Some researchers argue that these dimensions are not applicable to qualitative research and a qualitative researcher's tool chest should be geared towards trustworthiness and encompass issues such as credibility, dependability, transferability and confirmability. * This paper advocates the use of formalised a...
Historic and Emergent Trends in Chinese Outward Direct Investment
Recent expansion of Chinese outward direct investment is analysed at two levels: at the aggregate level using Chinese Ministry of Commerce data and at the level of the individual FDI project using data compiled by the State Administration of Foreign Exchange. * Project level analysis reveals wholly-owned projects are increasingly displacing joint ventures as the predominant mode of entry. * Changes to the investment motivations are discernable in market-seeking FDI: with defensive and offensi...
Performance of Multinational Firms' Subsidiaries: Influences of Cumulative Experience
In this study, we examine the impact of cumulative experience that arise from a series of sequential entries on the performance of foreign subsidiaries of multinational firms. Drawing upon the literature on organizational learning, we propose that multinational firms acquire different types of experience at the firm level, including general entry experience, entry specific experience, and exporting experience, which exert different influences on their performance. We also investigate the effe...
Globalizing Domestic Absorptive Capacities
Promising innovation impulses originate increasingly from customers, suppliers or competitors outside of a firm's traditional home market. We investigate how firms can adjust their absorptive capacities to benefit from these new opportunities. * We suggest that these capabilities depend upon the investments in absorptive capacity development, international experience as well as the munificence of the home market environment. We test these hypotheses empirically based on a survey of more than ...