The Impact of the home country on internationalization
|dc.identifier.citation||Cuervo-Cazurra, A. and Luo, Y. and Ramamurti, R. and Ang, S. 2018. The Impact of the home country on internationalization. Journal of World Business. 53 (5): pp. 593-604.|
© 2018 Elsevier Inc. 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.
|dc.title||The Impact of the home country on internationalization|
|dcterms.source.title||Journal of World Business|
|curtin.department||School of Management|
|curtin.accessStatus||Fulltext not available|
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