کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1000547 | 937009 | 2012 | 11 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Host-country location decisions of early movers and latecomers: The role of local density and experiential learning Host-country location decisions of early movers and latecomers: The role of local density and experiential learning](/preview/png/1000547.png)
Service firms such as banks and hotels typically locate multiple foreign affiliates in the same host country. Often, these location patterns occur in waves with early movers followed by latecomers; for example, the early entries of Japanese banks into the U.S. market in the 1970s and 1980s were followed by emerging-market Asian banks in the 1990s. Using insights from the agglomeration and organizational learning literatures, we argue that local density and experiential learning affect location choices within a host country, and that these relationships differ between early movers and latecomers. We test and find support for our arguments using a sample of Asian banks in the United States over 1997–2003.
Research highlights
► We examine two waves of inward FDI: early movers and latecomers.
► Each group co-locates with earlier home-country entrants.
► Latecomers focus on local depth.
► Early movers shift from local depth to national breadth.
► Early movers are further along the same trajectory as latecomers.
Journal: International Business Review - Volume 21, Issue 2, April 2012, Pages 145–155