Quotation Putzhammer, Moritz, Slangen, Arjen, Puck, Jonas, Lindner, Thomas. 2019. Multinational firms' pace of expansion within host countries: How high rates of pro-market reform hamper the local exploitation of foreign expansion knowledge. Journal of International Management.


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Abstract

Although increases in corporate ownership positions in foreign markets occur frequently, the factors that determine how quickly such increases occur are underexplored. Combining international business research on experiential learning, knowledge recombination, and pro-market reform, we hypothesize that a firm's international experience with ownership increases has a positive effect on the pace at which the firm implements an ownership increase in a host country, but that this effect is weaker during periods of quicker pro-market reform in the country. We find support for our hypotheses in an analysis of Austrian firms expanding in Central and Eastern Europe, suggesting that, rather than merely being beneficial to foreign investors, pro-market reform also poses a challenge to them.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of International Management
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new STRAT-B, WH-B
Language English
Title Multinational firms' pace of expansion within host countries: How high rates of pro-market reform hamper the local exploitation of foreign expansion knowledge
Year 2019
Reviewed? Y
DOI https://doi.org/10.1016/j.intman.2019.100703
Open Access N

Associations

People
Putzhammer, Moritz (Details)
Puck, Jonas (Details)
Lindner, Thomas (Details)
External
Slangen, Arjen (KU Leuven, Belgium)
Organization
International Business (Details)
Institute for International Business IN (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
5300 Economics (Details)
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