Article ID Journal Published Year Pages File Type
1003322 Journal of World Business 2015 5 Pages PDF
Abstract

Drawing on the knowledge-based view (KBV) of the firm, this study compares value creation between US manufacturing and service firms entering China through strategic alliances. Using an event study applied on a sample of 192 manufacturing and 105 service firms, the results indicate that value creation for manufacturing and service firms differ. For service firms, having a Chinese state-owned-enterprise as a partner, marketing agreement, and/or Chinese partner creates greater value. These findings highlight the significance of knowledge acquisition versus accession in US–Chinese partnerships.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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