Resources, Aspirations, and Emerging Multinationals
Drawing on the resource-based view and the behavioral theory of the firm, we examine how resources and aspirations affect rapid internationalization of firms from emerging economies. Using a 5-year panel from 257 publicly listed manufacturing firms from China, we find that neither technological reso...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
2016
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| Online Access: | http://hdl.handle.net/20.500.11937/50162 |
| _version_ | 1848758410165616640 |
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| author | Xie, E. Huang, Y. Peng, Mike Zhuang, G. |
| author_facet | Xie, E. Huang, Y. Peng, Mike Zhuang, G. |
| author_sort | Xie, E. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Drawing on the resource-based view and the behavioral theory of the firm, we examine how resources and aspirations affect rapid internationalization of firms from emerging economies. Using a 5-year panel from 257 publicly listed manufacturing firms from China, we find that neither technological resources nor marketing resources—two knowledge-based drivers traditionally identified to be behind internationalization—directly drive these firms’ growth in internationalization. Instead, we find that emerging multinationals’ performance relative to aspirations has a U-shaped impact on their growth in internationalization. In addition, technological resources amplify the U-shaped effect of performance relative to aspirations, while marketing resources weaken the effect. |
| first_indexed | 2025-11-14T09:43:32Z |
| format | Journal Article |
| id | curtin-20.500.11937-50162 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:43:32Z |
| publishDate | 2016 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-501622017-09-13T15:37:02Z Resources, Aspirations, and Emerging Multinationals Xie, E. Huang, Y. Peng, Mike Zhuang, G. Drawing on the resource-based view and the behavioral theory of the firm, we examine how resources and aspirations affect rapid internationalization of firms from emerging economies. Using a 5-year panel from 257 publicly listed manufacturing firms from China, we find that neither technological resources nor marketing resources—two knowledge-based drivers traditionally identified to be behind internationalization—directly drive these firms’ growth in internationalization. Instead, we find that emerging multinationals’ performance relative to aspirations has a U-shaped impact on their growth in internationalization. In addition, technological resources amplify the U-shaped effect of performance relative to aspirations, while marketing resources weaken the effect. 2016 Journal Article http://hdl.handle.net/20.500.11937/50162 10.1177/1548051816633068 restricted |
| spellingShingle | Xie, E. Huang, Y. Peng, Mike Zhuang, G. Resources, Aspirations, and Emerging Multinationals |
| title | Resources, Aspirations, and Emerging Multinationals |
| title_full | Resources, Aspirations, and Emerging Multinationals |
| title_fullStr | Resources, Aspirations, and Emerging Multinationals |
| title_full_unstemmed | Resources, Aspirations, and Emerging Multinationals |
| title_short | Resources, Aspirations, and Emerging Multinationals |
| title_sort | resources, aspirations, and emerging multinationals |
| url | http://hdl.handle.net/20.500.11937/50162 |