Resources, Aspirations, and Emerging Multinationals

被引：38

作者：

Xie, En ^{[1
]}

Huang, Yuanyuan ^{[1
]}

Peng, Mike W. ^{[2
]}

Zhuang, Guijun ^{[1
]}

机构：

[1] Xi An Jiao Tong Univ, Xian 710049, Shaanxi, Peoples R China

[2] Univ Texas Dallas, Richardson, TX 75083 USA

来源：

JOURNAL OF LEADERSHIP & ORGANIZATIONAL STUDIES | 2016年 / 23卷 / 02期

基金：

中国国家自然科学基金;

关键词：

emerging economies; growth in internationalization; performance relative to aspirations; technological resources; marketing resources; China; RESEARCH-AND-DEVELOPMENT; FOREIGN DIRECT-INVESTMENT; FIRM RISK-TAKING; INTERNATIONAL DIVERSIFICATION; SUBSIDIARY PERFORMANCE; BEHAVIORAL-THEORY; INSTITUTIONAL TRANSITIONS; ORGANIZATIONAL SLACK; PRODUCT INNOVATION; STRATEGIC CHANGE;

D O I：

10.1177/1548051816633068

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

Drawing on the resource-based view and the behavioral theory of the firm, we examine how resources and aspirations affect rapid internationalization of firms from emerging economies. Using a 5-year panel from 257 publicly listed manufacturing firms from China, we find that neither technological resources nor marketing resourcestwo knowledge-based drivers traditionally identified to be behind internationalizationdirectly drive these firms' growth in internationalization. Instead, we find that emerging multinationals' performance relative to aspirations has a U-shaped impact on their growth in internationalization. In addition, technological resources amplify the U-shaped effect of performance relative to aspirations, while marketing resources weaken the effect.

引用

页码：144 / 161

页数：18

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