New Ventures or Acquisitions. The Choice of Swedish Multinational Enterprises
研究了影响跨国企业在收购现有企业与投资新创企业之间选择的因素，发现母公司行业多元化程度和东道国人均收入正向影响收购倾向，而行业工业产值增长率则负向影响。
This study examines the factors influencing the multinational enterprises' choice between the takeover of already existing firms and investments in new ventures as a means of entering a foreign market. The results suggest that the degree of industrial diversification of the parent company and the host country's per capita income seems to have a positive inflUience on the propensity for takeovers. This propensity appears to be negatively related to the rate of growth of industrial production in the industry entered. Further, we found that the more recent the entry into a foreign market, the greater the probability for choosing acquisition.