Real options and the theory of foreign direct investment

By Jing Li, Alan M. Rugman. 2007

152 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/1bef2c322b46009a750ca8898f7dcc864cfa431f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Finance

Citations in the corpus

Fifty Years of International Business Theory and Beyond (2011, background): “Rugman's conclusions on the inefficiency of attempts to boost artificial national R&D expenditures (which always reflect a cost, but not necessarily any benefit to the firms and country involved) have subsequently been validated by Moore (1996), Birkinshaw (1997) and others.”
The impact of institutional hazards on foreign multinational activity: A contingency perspective (2010, background): “Whereas governance deficiencies represent hazards that generally cannot be resolved once they become reality, cultural differences represent hazards that MNEs can usually resolve at least partly (Cuypers & Martin, 2010; Li & Rugman, 2007).”
On the growth of foreign affiliates: multinational plant networks, joint ventures, and flexibility (2007, unknown): “Recent studies have further explored the application of the real options approach to IJVs and suggest that type of uncertainty (exogenous vs. endogenous to the venture) is an important moderator of the impact of the option value of joint ventures on MNE’s entry mode decisions ( Li and Rugman, 2005; ”
Sequencing the expansion of geographic scope and foreign operations by “born global” firms (2011, background): “…commitment is often perceived as risky because of its irreversible nature, which reduces the strategic flexibility of firms, and may lead to loss of potential revenue (Ghemawat, 1991; Hill et al., 1990; Johanson & Vahlne, 1977; Li & Rugman 2007; Miller, 1992; Root, 1987; Shrader et al., 2000).”
State ownership effect on firms' FDI ownership decisions under institutional pressure: a study of Chinese outward-investing firms (2012, background): “A joint ownership structure can also facilitate foreign firms’ dealing with the uncertainties involved in a host regulatory institutional environment, which may deteriorate or improve over time (Kogut, 1991; Li & Rugman, 2007).”
Real Options in Management and Organizational Strategy: A Review of Decision‐making and Performance Implications (2012, unknown): “Multinational growth options embody all market entry decisions and resources related to foreign direct investments (e.g. Li and Rugman 2007; Fisch 2008; Gulamhussen 2009).”