Types of firms generating network externalities and MNCs' co‐location decisions
研究识别影响跨国公司聚集其海外业务的网络外部性来源，发现网络外部性对构成区域网络的企业类型敏感，且在企业内部、同国籍和同行业企业中更强。
Abstract This study identifies and examines sources of network externalities that influence MNCs to agglomerate their foreign operations in specific regions. Using data for Korean firms that invested in China, this study found that network externalities were sensitive to the types of firms constituting a regional network. It also found stronger network externalities within firms than across firms, from firms of the same nationality than from those of different nationalities, and from firms in the same industry than from those of different industries. As we defined the types of firms more precisely, distinctive curvilinear relationships between network externalities and the likelihood of co‐location emerged. Copyright © 2005 John Wiley & Sons, Ltd.