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 | |
| State | Published - Dec 1 2012 |
| Externally published | Yes |
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
Advantages of foreignness : Benefits of creative institutional deviance. / Shi, Wei; Hoskisson, Robert E.
Institutional Theory in International Business and Management. ed. / Laszlo Tihanyi; Timothy Devinney; Torben Pedersen. 2012. p. 99-125 (Advances in International Management; Vol. 25).Research output: Chapter in Book/Report/Conference proceeding › Chapter
}
TY - CHAP
T1 - Advantages of foreignness
T2 - Benefits of creative institutional deviance
AU - Shi, Wei
AU - Hoskisson, Robert E.
PY - 2012/12/1
Y1 - 2012/12/1
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=84886910079&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84886910079&partnerID=8YFLogxK
U2 - 10.1108/S1571-5027(2012)0000025012
DO - 10.1108/S1571-5027(2012)0000025012
M3 - Chapter
AN - SCOPUS:84886910079
SN - 9781780529080
T3 - Advances in International Management
SP - 99
EP - 125
BT - Institutional Theory in International Business and Management
A2 - Tihanyi, Laszlo
A2 - Devinney, Timothy
A2 - Pedersen, Torben
ER -