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題名 Rapid expansion of international new ventures across institutional distance
作者 Deng, Ziliang
簡睿哲
Jean, Ruey-Jer “Bryan”
Sinkovics, Rudolf
貢獻者 國貿系
關鍵詞 international new ventures (INVs); institutional distance; learning advantages of newness; diseconomies of time compression; emerging markets; instrumental variable models
日期 2017-08
上傳時間 15-Jun-2018 16:16:17 (UTC+8)
摘要 Rapid export expansion into institutionally distant locations has become more possible in the era of digital economy. Will such rapid expansion bring desirable outcome to firms? In a context of international new ventures (INVs) from emerging markets, we reconceptualize export expansion speed as the pace of exporting across institutional distance over a certain period of time. We then examine the relationship between rapid export expansion across institutional distance and overall firm performance. We incorporate directionality into export expansion and hypothesize the relationship to be positive when INVs export upwardly to more open countries, yet the relationship to be negative when INVs export downwardly to less open countries. We also hypothesize that the degree of market liberalization in subnational regions of origin of the INVs moderates the above speed–performance relationships. Instrumental variable models based on data of Chinese indigenous INVs during 2000–2009 support these hypotheses. This study both zooms in and zooms out the analytical lens along the location-related institutional axis, examines the joint effect of institutions involved in supranational directions and subnational origins on firm performance, and advances institutional theory.
關聯 Journal of International Business Studies, pp.1-23
資料類型 article
dc.contributor 國貿系zh_TW
dc.creator (作者) Deng, Ziliangen_US
dc.creator (作者) 簡睿哲zh_TW
dc.creator (作者) Jean, Ruey-Jer “Bryan”en_US
dc.creator (作者) Sinkovics, Rudolfen_US
dc.date (日期) 2017-08
dc.date.accessioned 15-Jun-2018 16:16:17 (UTC+8)-
dc.date.available 15-Jun-2018 16:16:17 (UTC+8)-
dc.date.issued (上傳時間) 15-Jun-2018 16:16:17 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/117806-
dc.description.abstract (摘要) Rapid export expansion into institutionally distant locations has become more possible in the era of digital economy. Will such rapid expansion bring desirable outcome to firms? In a context of international new ventures (INVs) from emerging markets, we reconceptualize export expansion speed as the pace of exporting across institutional distance over a certain period of time. We then examine the relationship between rapid export expansion across institutional distance and overall firm performance. We incorporate directionality into export expansion and hypothesize the relationship to be positive when INVs export upwardly to more open countries, yet the relationship to be negative when INVs export downwardly to less open countries. We also hypothesize that the degree of market liberalization in subnational regions of origin of the INVs moderates the above speed–performance relationships. Instrumental variable models based on data of Chinese indigenous INVs during 2000–2009 support these hypotheses. This study both zooms in and zooms out the analytical lens along the location-related institutional axis, examines the joint effect of institutions involved in supranational directions and subnational origins on firm performance, and advances institutional theory.en_US
dc.format.extent 801515 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of International Business Studies, pp.1-23zh_TW
dc.subject (關鍵詞) international new ventures (INVs); institutional distance; learning advantages of newness; diseconomies of time compression; emerging markets; instrumental variable modelsen_US
dc.title (題名) Rapid expansion of international new ventures across institutional distanceen_US
dc.type (資料類型) article