Advantages of foreignness: Benefits of creative institutional deviance

Wei Shi; Robert E. Hoskisson

doi:10.1108/S1571-5027(2012)0000025012

Advantages of foreignness: Benefits of creative institutional deviance

Wei Shi, Robert E. Hoskisson

Management

Research output: Chapter in Book/Report/Conference proceeding › Chapter

14 Scopus citations

Abstract

The liability of foreignness has long been acknowledged as a key concept in international business research. Departing from the cost side of foreignness, this chapter explores intangible benefits of foreignness exclusive to multinational enterprises in a host country in addition to tangible benefits such as preferential tax policies. Intangible benefits of foreignness are defined as advantages of foreignness so as to distinguish from assets of foreignness - tangible benefits of foreignness. Drawing on institutional theory and social comparison theory, we propose that advantages of foreignness can lead to important firm-specific performance- related outcomes, which have been generally underestimated in the international business literature.

Original language	English (US)
Title of host publication	Institutional Theory in International Business and Management
Editors	Laszlo Tihanyi, Timothy Devinney, Torben Pedersen
Pages	99-125
Number of pages	27
DOIs	https://doi.org/10.1108/S1571-5027(2012)0000025012
State	Published - Dec 1 2012

Publication series

Name	Advances in International Management
Volume	25
ISSN (Print)	1571-5027

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ASJC Scopus subject areas

Business and International Management

Cite this

Shi, W., & Hoskisson, R. E. (2012). Advantages of foreignness: Benefits of creative institutional deviance. In L. Tihanyi, T. Devinney, & T. Pedersen (Eds.), Institutional Theory in International Business and Management (pp. 99-125). (Advances in International Management; Vol. 25). https://doi.org/10.1108/S1571-5027(2012)0000025012

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10.1108/S1571-5027(2012)0000025012