The Impact of Institutional and Human Resource Distance on International Entry Strategies
研究了制度距离和人力资源距离如何互补影响外国投资者的进入策略,发现某些距离的影响呈曲线关系,且首次进入与后续进入的影响不同。基于六个新兴经济体的外资数据验证。
abstract ‘Distance’ between organizational contexts has been a prime concern of scholarly research into international business strategies. We extend this research by exploring the complementary roles of institutional and human resource distances on foreign investors' entry strategies. Combining institutional and resource‐based theories suggests that: (1) human resource differences complement institutional differences; (2) the effects of some aspects of distance are curvilinear; and (3) the impact of distance differs between first and subsequent entries. We find empirical support for these arguments on a unique dataset of foreign direct investment in six emerging economies that incorporates multiple host as well as multiple home countries.