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

页码：593 / 604

页数：12

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