The Impact of the home country on internationalization
© 2018 Elsevier Inc. We analyze how a firm's home country influences its internationalization. We propose two complementary types of influence. First, we conceptualize a firm's international trade as shaped by four drivers: comparative advantage, comparative disadvantage, country-of-origin...
| Main Authors: | , , , |
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| Format: | Journal Article |
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Pergamon
2018
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| Online Access: | http://hdl.handle.net/20.500.11937/72447 |
| _version_ | 1848762752913375232 |
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| author | Cuervo-Cazurra, A. Luo, Yadong Ramamurti, R. Ang, S. |
| author_facet | Cuervo-Cazurra, A. Luo, Yadong Ramamurti, R. Ang, S. |
| author_sort | Cuervo-Cazurra, A. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | © 2018 Elsevier Inc. We analyze how a firm's home country influences its internationalization. We propose two complementary types of influence. First, we conceptualize a firm's international trade as shaped by four drivers: comparative advantage, comparative disadvantage, country-of-origin advantage, and country-of-origin liability. Second, we conceptualize the firm's foreign direct investment as shaped by four other drivers: institutional learning, competitive learning, institutional escape, and competitive escape. Taken together, these eight drivers help pull together recent theoretical advances on topics such as emerging-market multinationals, investment in tax havens, and cross-border acquisitions of firms in advanced countries. We also highlight other home-country related issues, such as strategic responses and home-host country links, in the spirit of fostering future research on home-country effects that warrant a more nuanced understanding. |
| first_indexed | 2025-11-14T10:52:34Z |
| format | Journal Article |
| id | curtin-20.500.11937-72447 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T10:52:34Z |
| publishDate | 2018 |
| publisher | Pergamon |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-724472018-12-13T09:32:17Z The Impact of the home country on internationalization Cuervo-Cazurra, A. Luo, Yadong Ramamurti, R. Ang, S. © 2018 Elsevier Inc. We analyze how a firm's home country influences its internationalization. We propose two complementary types of influence. First, we conceptualize a firm's international trade as shaped by four drivers: comparative advantage, comparative disadvantage, country-of-origin advantage, and country-of-origin liability. Second, we conceptualize the firm's foreign direct investment as shaped by four other drivers: institutional learning, competitive learning, institutional escape, and competitive escape. Taken together, these eight drivers help pull together recent theoretical advances on topics such as emerging-market multinationals, investment in tax havens, and cross-border acquisitions of firms in advanced countries. We also highlight other home-country related issues, such as strategic responses and home-host country links, in the spirit of fostering future research on home-country effects that warrant a more nuanced understanding. 2018 Journal Article http://hdl.handle.net/20.500.11937/72447 10.1016/j.jwb.2018.06.002 Pergamon restricted |
| spellingShingle | Cuervo-Cazurra, A. Luo, Yadong Ramamurti, R. Ang, S. The Impact of the home country on internationalization |
| title | The Impact of the home country on internationalization |
| title_full | The Impact of the home country on internationalization |
| title_fullStr | The Impact of the home country on internationalization |
| title_full_unstemmed | The Impact of the home country on internationalization |
| title_short | The Impact of the home country on internationalization |
| title_sort | impact of the home country on internationalization |
| url | http://hdl.handle.net/20.500.11937/72447 |