What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market

This paper evaluates what factors determine the choices of joint venture and wholly owned subsidiary for multinational enterprises in the Japanese market in terms of resource-based theory and perspectives on subsequent entry mode, and, analyses the case of IKEA’s two entries into the Japanese market...

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Main Author: Su, Tzu-Hsing
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2012
Online Access:https://eprints.nottingham.ac.uk/25775/
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author Su, Tzu-Hsing
author_facet Su, Tzu-Hsing
author_sort Su, Tzu-Hsing
building Nottingham Research Data Repository
collection Online Access
description This paper evaluates what factors determine the choices of joint venture and wholly owned subsidiary for multinational enterprises in the Japanese market in terms of resource-based theory and perspectives on subsequent entry mode, and, analyses the case of IKEA’s two entries into the Japanese market. The findings suggest that resource-based theory can explain a significant portion of a firm’s entry mode decisions in terms of the aspects of business experience, the nature of products, firm size and a firm’s ability to transfer resources. Conversely, certain variables of resource-based theory such as intangible assets and organisational culture are less significant to the choice of entry mode when it is between joint venture and wholly owned subsidiary for multinational enterprises in Japan. Moreover, perspectives on subsequent entry mode are weaker than resource-based theory in explaining the issue. Lastly, this paper provides recommendations to multinational enterprises which expect to enter, already invest, or have already once failed, in the Japanese market. Key Words: resource-based theory, perspectives on subsequent entry mode, joint venture, wholly owned subsidiary, IKEA, Japan
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format Dissertation (University of Nottingham only)
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spelling nottingham-257752017-10-19T13:06:31Z https://eprints.nottingham.ac.uk/25775/ What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market Su, Tzu-Hsing This paper evaluates what factors determine the choices of joint venture and wholly owned subsidiary for multinational enterprises in the Japanese market in terms of resource-based theory and perspectives on subsequent entry mode, and, analyses the case of IKEA’s two entries into the Japanese market. The findings suggest that resource-based theory can explain a significant portion of a firm’s entry mode decisions in terms of the aspects of business experience, the nature of products, firm size and a firm’s ability to transfer resources. Conversely, certain variables of resource-based theory such as intangible assets and organisational culture are less significant to the choice of entry mode when it is between joint venture and wholly owned subsidiary for multinational enterprises in Japan. Moreover, perspectives on subsequent entry mode are weaker than resource-based theory in explaining the issue. Lastly, this paper provides recommendations to multinational enterprises which expect to enter, already invest, or have already once failed, in the Japanese market. Key Words: resource-based theory, perspectives on subsequent entry mode, joint venture, wholly owned subsidiary, IKEA, Japan 2012-09-19 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25775/1/MSc%2C_IB_Tzu-Hsing_Su%284152329%29.pdf Su, Tzu-Hsing (2012) What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Su, Tzu-Hsing
What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market
title What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market
title_full What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market
title_fullStr What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market
title_full_unstemmed What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market
title_short What Factors Determine the Choices between Joint Ventures and Wholly Owned Subsidiaries for MNEs to Penetrate the Japanese Market? Experience from IKEA’s two entries into the Japanese retail market
title_sort what factors determine the choices between joint ventures and wholly owned subsidiaries for mnes to penetrate the japanese market? experience from ikea’s two entries into the japanese retail market
url https://eprints.nottingham.ac.uk/25775/