The Impact of the home country on internationalization
By Alvaro Cuervo‐Cazurra, Yadong Luo, Ravi Ramamurti, Soon Ang. Journal of World Business, 2018
250 citations recorded by the source corpus.
Abstract 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.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/23c433ceb49a67e80092bcda3bdfc80a9cfdfd92
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Citations in the corpus
- The belt and road initiative, cultural friction and ethnicity: Their effects on the export performance of SMEs in China (2019, background): “Therefore, such firms are able to move more successfully into the “Belt” countries when replenished with governmental subsidies, or provided with government-initiated advantage (Cuervo-Cazurra et al., 2018).”