Survival and profitability: The roles of experience and intangible assets in foreign subsidiary performance

被引:511
作者
Delios, A [1 ]
Beamish, PW
机构
[1] Natl Univ Singapore, Singapore 117548, Singapore
[2] Hong Kong Univ Sci & Technol, Hong Kong, Hong Kong, Peoples R China
[3] Univ Western Ontario, Richard Ivey Sch Business, London, ON N6A 3K7, Canada
关键词
D O I
10.5465/3069446
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study integrates research on the financial performance of multinational firms with research on foreign subsidiary survival. We examined the influences a firm's intangible assets and its experience have on foreign subsidiary survival and profitability using a sample of 3,080 subsidiaries of 641 Japanese firms. The results show survival and profitability have different antecedents. Host country experience has a direct effect on survival but a contingent relationship with profitability. The entry mode moderated the nature of these relationships.
引用
收藏
页码:1028 / 1038
页数:11
相关论文
共 58 条
[1]  
ABRAHAMSON E, 1994, ACAD MANAGE REV, V19, P728
[2]  
AMEMIYA T, 1981, J ECON LIT, V19, P1483
[3]  
Anand J, 1997, STRATEGIC MANAGE J, V18, P99, DOI 10.1002/(SICI)1097-0266(199707)18:1+<99::AID-SMJ928>3.3.CO
[4]  
2-2
[5]  
ANAND J, 2002, IN PRESS STRATEGIC M
[6]  
[Anonymous], 1974, Strategy, structure and economic performance
[7]   International expansion through start-up or acquisition: A learning perspective [J].
Barkema, HG ;
Vermeulen, F .
ACADEMY OF MANAGEMENT JOURNAL, 1998, 41 (01) :7-26
[8]  
Barkema HG, 1996, STRATEGIC MANAGE J, V17, P151, DOI 10.1002/(SICI)1097-0266(199602)17:2<151::AID-SMJ799>3.3.CO
[9]  
2-Q
[10]   Working abroad, working with others: How firms learn to operate international joint ventures [J].
Barkema, HG ;
Shenkar, O ;
Vermeulen, F ;
Bell, JHJ .
ACADEMY OF MANAGEMENT JOURNAL, 1997, 40 (02) :426-442