Local Density and Foreign Subsidiary Performance
研究了东道国本地密度（争夺相似资源的企业数量）如何直接影响外国子公司绩效，并通过市场经验和战略一致性间接影响，发现高密度环境下市场经验益处减少，战略一致性在低密度环境提升绩效、高密度环境则有害。
Local density (the number of firms vying for similar resources in a local environment) has been overlooked in explaining foreign subsidiary performance. This study drew upon the concepts of liability of foreignness and density dependence to examine how local density within a host country affected performance—directly and indirectly— through effects on market experience and strategic conformity. We found that local density was negatively related to foreign subsidiary performance and that market experience was less beneficial in high-density environments. Strategic conformity enhanced performance in low-density environments but adversely affected performance in high-density environments.