The Impact of the home country on internationalization

被引：190
作者：
Cuervo-Cazurra, Alvaro [1 ]
Luo, Yadong [2 ,3 ]
Ramamurti, Ravi [1 ]
Ang, Siah Hwee [4 ]
机构：
[1] Northeastern Univ, DAmore McKim Sch Business, 313 Hayden Hall,360 Huntington Ave, Boston, MA 02115 USA
[2] Univ Miami, Sch Business Adm, 5250 Univ Dr, Coral Gables, FL 33146 USA
[3] Sun Yat Sen Univ, Business Sch, 135 Xingang Xi Rd, Guangzhou 510275, Guangdong, Peoples R China
[4] Victoria Univ Wellington, Sch Mkt & Int Business, Level 11,Rutherford House,23 Lambton Quay, Wellington 6140, New Zealand
来源：
JOURNAL OF WORLD BUSINESS | 2018年 / 53卷 / 05期
关键词：
Home country; Multinational enterprise; Internationalization; Emerging markets; Institutions; FOREIGN DIRECT-INVESTMENT; MULTINATIONAL COMPANIES; ENTRY STRATEGIES; MARKET; FIRMS; MODEL; ENVIRONMENT; EXPANSION; KNOWLEDGE; TRADE;
D O I：
10.1016/j.jwb.2018.06.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We analyze how a firm's home country influences its internationalization. We propose two complementary types of influence. First, we conceptualize a firm's international trade as shaped by four drivers: comparative advantage, comparative disadvantage, country-of-origin advantage, and country-of-origin liability. Second, we conceptualize the firm's foreign direct investment as shaped by four other drivers: institutional learning, competitive learning, institutional escape, and competitive escape. Taken together, these eight drivers help pull together recent theoretical advances on topics such as emerging-market multinationals, investment in tax havens, and cross-border acquisitions of firms in advanced countries. We also highlight other home-country related issues, such as strategic responses and home-host country links, in the spirit of fostering future research on home country effects that warrant a more nuanced understanding.
引用
收藏
页码：593 / 604
页数：12
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