Abstract
This paper develops a formal model that captures the dynamic and mutual interdependency in the technological and international expansion of multinational enterprises (MNEs), thus offering a novel evolutionary theory of the MNE. The model, which is verified empirically, suggests a positive but diminishing effect of technological knowledge on internationalization and vice versa. This relationship leads to equilibrium in the technological knowledge-internationalization space that dictates the patterns of technological and international evolution of MNEs. The model offers an integrative approach for explaining different views in extant literature regarding the technological and international expansion of firms.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 53rd Annual Meeting of the Academy of International Business |
| Editors | Shige Makingo , Tunga Kiyak |
| Place of Publication | East Lansing, MI |
| Publisher | Academy of International Business |
| Publication date | 2011 |
| Pages | 161 |
| Publication status | Published - 2011 |
| Event | AIB 2011 Annual Meeting: International Business for Sustainable World Development - Nagoya, Japan Duration: 24 Jun 2011 → 28 Jun 2011 Conference number: 53 http://aib.msu.edu/events/2011/ |
Conference
| Conference | AIB 2011 Annual Meeting |
|---|---|
| Number | 53 |
| Country/Territory | Japan |
| City | Nagoya |
| Period | 24/06/2011 → 28/06/2011 |
| Internet address |
| Series | Academy of International Business. Annual Meeting. Proceedings |
|---|---|
| Volume | 53 |
| ISSN | 2078-4430 |