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Full-Text Articles in Business Administration, Management, and Operations
The Survival And Stock Performance Of Emerging Country Firms In The United States, Kun Yang
The Survival And Stock Performance Of Emerging Country Firms In The United States, Kun Yang
FIU Electronic Theses and Dissertations
Many firms from emerging markets flocked to developed countries at high cost with hopes of acquiring strategic assets that are difficult to obtain in home countries. Adequate research has focused on the motivations and strategies of emerging country firms' (ECFs') internationalization, while limited studies have explored their survival in advanced economies years after their venturing abroad. Due to the imprinting effect of home country institutions that inhibit their development outside their home market, ECFs are inclined to hire executives with international background and affiliate to world-wide organizations for the purpose of linking up with the global market, embracing multiple perspectives …
Untangling The Relationship Between New Venture Internationalization And Performance, Stephanie A. Fernhaber
Untangling The Relationship Between New Venture Internationalization And Performance, Stephanie A. Fernhaber
Scholarship and Professional Work - Business
To help untangle the inconsistency in prior performance studies for new venture internationalization, the dynamic capabilities perspective is revisited to consider whether the relationship is more complex than previously assumed. While internationalization requires the reconfiguration of routines and resources, survivability is argued to peak at moderate levels of internationalization where the associated resources and risk is balanced between local and foreign markets. In contrast, sales growth is suggested to peak at either low or high levels of internationalization where a singular market focus and set of capabilities is being exploited. The results confirm that the level of new venture internationalization …