Down with MNE-centric theories! Market entry and expansion as the bundling of MNE and local assets

By Jean-françois Hennart. 2009

587 citations recorded by the source corpus.

Subfields: Accounting, Organizational Behavior and Human Resource Management, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/ce4ac336559e9bf9f3b613ba04e24f3c088ef3be

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Citations in the corpus

Innovation in and from emerging economies: New insights and lessons for international business research (2021, background): “It is a process of trying to combine local knowledge and resources with the foreign technology, practices and routines in order to create value, i.e., a ‘‘bundling’’ process (Hennart, 2009).”
Family firm internationalization: heritage assets and the impact of bifurcation bias (2018, unknown): “Location advantages must also be assessed relative to strengths of other host environments and be accessible/usable by the MNE (Chen, 2005; Hennart, 2009; Verbeke, 2013).”
Overcoming distrust: How state-owned enterprises adapt their foreign entries to institutional pressures abroad (2014, background): “Further, in acquisitions, the control decision is subject to negotiations with the sellers of the target firm and other local stakeholders (Hennart, 2009), which is not the case in greenfield entries.”
Ethnic ties, location choice, and firm performance in foreign direct investment: A study of Taiwanese business groups FDI in China (2011, background): “Prior research on multinationality and performance contends that firm specific assets such as technological capabilities are associated with greater firm international performance (Casson, 1985; Hennart, 2009).”
Distance and Perceptions of Risk in Internationalization Decisions (2015, background): “The second major driver of risk in internationalization is entry-mode choice becausemore equity-intensive entrymodes usually imply greater risk (Brouthers, 2002; Hennart, 2009).”
Applying and advancing internalization theory: The multinational enterprise in the twenty-first century (2019, background): “Hennart (1989, 2009) highlights moral hazard in the trading of tacit knowledge and holdup in the joint use of assets that require mutual adaptation or co-specialization.”
A dynamic capabilities-based entrepreneurial theory of the multinational enterprise (2014, unknown): “These activities are very different from market-entry mode selection decisions, upon Journal of International Business Studies which MNE theory has in recent decades put so much emphasis (e.g., Brouthers, 2013; Hennart, 2009; Zahra, Ireland, & Hitt, 2000).”
Global, Local, or Regional? The Locus of MNE Strategies (2016, unknown): “In most real-world cases, however, successful international expansion requires recombining extant resources with resources located in host countries, whether these resources are easily accessible through market contracts or held by resource owners in highly imperfect markets (Hennart, 2009; Verbeke ”
Catch-up strategies in the Indian auto components industry: Domestic firms’ responses to market liberalization (2012, methodology): “We included this variable as a control, given Hoetker’s (2005) finding that firms tended to choose suppliers for innovative components based more on familiarity than on their technological competence.”
The determinants of foreign direct investment in the Middle East North Africa region (2013, background): “The latest discussions on the relevance and shape of the OLI paradigm center on the rise of emerging market multinationals and whether the OLI paradigm is as relevant to explaining the behavior of emerging market MNEs as it is to developed country MNEs (Hennart 2009).”
Exploring the paradox of competence‐creating subsidiaries : balancing bandwidth and dispersion in MNEs (2014, background): “Recombinant advantages (figure 1) are an important set of FSAs, which represent capabilities for the re-combining (Verbeke, 2009) or ‘bundling’ (Hennart, 2009) of complementary assets to improve their performance.”