We theorize that firms simultaneously seek to balance their growth across both the geographic and product diversification domains. To achieve this balance, businesses commonly adopt a strategy of expanding an under-diversified direction at the expense of an over-diversified one. Accordingly, we...

This paper presents and analyzes comparative data on 2,343 foreign-owned organizations operating in the transitional economies of China, Viet Nam and the countries of Central and Eastern Europe (CEE). Specifically, it compares the extent, sectoral distribution, characteristics and performance of...

This paper examines the potential effect of anti-globalization on a key attribute of multinational enterprises (MNEs) – the ability to transfer efficiently complex firm specific technological knowledge internationally. Anti-globalization policies can suppress the transfer of complex...

This paper examines the relationship between strategic decision-making at the subsidiary level and organization structure. In many organizations, the interaction between central headquarters and subsidiaries is mediated by the presence of intermediate organizational units. Building on the...

Research SummaryA long-standing void in international business literature is understanding whether and how the internalization choices of competing multinational enterprises (MNEs) affect each other. This paper presents a game-theoretic, location-allocation mathematical model that predicts the...

We document how, in the early years of high technology firms, the origination of technological knowledge starts with firm founders, then shifts to other firm members, and later on to external stakeholders. We further show that greater reliance on founder technological knowledge is initially...

This study shows that the interplay between "adjustment costs", "coordination costs" and within-industry diversification benefits, results in an S-shaped relationship between within-industry diversification and firm performance. At low levels of within industry diversification, coordination...

Extant research on the management of time shows that the speed of undertaking new strategic moves has negative consequences for firm profitability. However, the literature has not distinguished whether this outcome results from the effects of speed on firms' revenues or from the effects of speed...

In this study we argue that when undertaking location decisions multinational enterprises (MNEs) ought to incorporate their competitors' reactions to such decisions as well as consumer preferences for location, in addition to the more standard cost-benefit analyses. We view MNEs as networks of...

The rise of FDI from emerging markets has become a focus of attention since the turn of the century. Over the past few years, firms from these markets have become major investors abroad, complementing their home countries‘ traditional role as recipients of FDI. To help understand this...