Abstract
The liability of origin makes participation in international technology licensing challenging for emerging market firms. We draw on signaling theory and argue that diaspora ownership—diasporan equity investment—constitutes a reliable signal of firm quality and trustworthiness which facilitates emerging market firms’ access to international technology licensing. We theorize further about how the efficacy of diaspora ownership as a credibility-enhancing mechanism varies with the firm’s subnational context characteristics. We test our argument on a matched sample of 588 Indian manufacturing firms operating between 2006 and 2015 and find general support for the predicted relationships.
| Originalsprog | Engelsk |
|---|---|
| Publikationsdato | 2019 |
| Antal sider | 37 |
| Status | Udgivet - 2019 |
| Begivenhed | DRUID19 Conference - Copenhagen Business School, Frederiksberg, Danmark Varighed: 19 jun. 2019 → 21 jun. 2019 Konferencens nummer: 41 https://conference.druid.dk/Druid/?confId=59 |
Konference
| Konference | DRUID19 Conference |
|---|---|
| Nummer | 41 |
| Lokation | Copenhagen Business School |
| Land/Område | Danmark |
| By | Frederiksberg |
| Periode | 19/06/2019 → 21/06/2019 |
| Internetadresse |
Emneord
- Emerging market firms
- International technology licensing
- Diaspora ownership
- Liability of origin
- Signaling theory
- Subnational environments