کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
884569 | 912400 | 2008 | 26 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Resource accumulation and overseas expansion by Japanese multinationals
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
In this paper, we examine the motivation for and outcome from a firm's multinational expansion strategy by analyzing two issues: first, the relationship between a firm's intangible assets and its investment abroad, and second, the evolution of the value of multinationality to shareholders as a firm's level of international activity and foreign experience changes. Overall, our results show that while it is typical for the Japanese firms in our sample to accumulate intangible assets prior to investing in foreign markets, these firms need experience in foreign markets before a return on this investment will be realized.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 65, Issue 2, February 2008, Pages 277–302
Journal: Journal of Economic Behavior & Organization - Volume 65, Issue 2, February 2008, Pages 277–302
نویسندگان
Heather Berry, Mariko Sakakibara,