Multinational platforms and legitimacy spillovers
研究了TikTok、Grab等跨国平台如何利用其互补者的合法性溢出，克服海外市场的合法性挑战，并提出了治理和战略管理互补者关系以增强合法性的方法。
Abstract Multinational platforms (MNPs), such as TikTok, Grab, and Airbnb, are facing significant legitimacy challenges in foreign markets. While some of these challenges are similar to those experienced by conventional multinational enterprises (MNEs), the platform-based business models of MNPs, which create value primarily through networks of external users and complementors, rather than through hierarchically controlled foreign subsidiaries, lead to unique legitimacy challenges and open up novel strategies for overcoming them. We explore how MNPs can leverage legitimacy spillovers from their complementors to overcome legitimacy challenges and establish credibility in new markets. We propose that effective governance and strategic management of complementor relationships can significantly enhance MNPs’ legitimacy across diverse institutional contexts. Our findings contribute to the literature on digital platform internationalization, offering new insights and strategic tools for MNP managers to navigate the complex global landscape.