Time-based experience and international expansion: The case of an emerging economy

Research output: Contribution to journalArticle

59 Citations (Scopus)

Abstract

Building on the organizational learning theory and international expansion process model, this paper examines the effect of time-based experience on multidimensional performance including return on equity, sales growth, competitive position, and asset efficiency of foreign-invested enterprises (FIEs) in an emerging economy (the People's Republic of China). The analysis, based on a recent survey of FIEs in China, demonstrates that time-based experience has a significantly positive effect on overall and individual dimensions of performance of FIEs. The underlying link between time-based experience and multidimensional performance is, however, moderated by the cultural distance between the host and home countries. Moreover, time-based experience moderates the positive impact of resource contributions, market commitment, and strategic innovativeness on venture performance.

Original languageEnglish (US)
Pages (from-to)505-534
Number of pages30
JournalJournal of Management Studies
Volume36
Issue number4
StatePublished - Jul 1999
Externally publishedYes

Fingerprint

Industry
Sales
Emerging economies
International expansion
Foreign-invested enterprises
China
Return on equity
Assets
Venture
Cultural distance
Host country
Learning theory
Process model
Home country
Organizational learning
Sales growth
Resources
Innovativeness

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation
  • Strategy and Management

Cite this

Time-based experience and international expansion : The case of an emerging economy. / Luo, Yadong.

In: Journal of Management Studies, Vol. 36, No. 4, 07.1999, p. 505-534.

Research output: Contribution to journalArticle

@article{304b04d68fcf4c53abdf346468fa2168,
title = "Time-based experience and international expansion: The case of an emerging economy",
abstract = "Building on the organizational learning theory and international expansion process model, this paper examines the effect of time-based experience on multidimensional performance including return on equity, sales growth, competitive position, and asset efficiency of foreign-invested enterprises (FIEs) in an emerging economy (the People's Republic of China). The analysis, based on a recent survey of FIEs in China, demonstrates that time-based experience has a significantly positive effect on overall and individual dimensions of performance of FIEs. The underlying link between time-based experience and multidimensional performance is, however, moderated by the cultural distance between the host and home countries. Moreover, time-based experience moderates the positive impact of resource contributions, market commitment, and strategic innovativeness on venture performance.",
author = "Yadong Luo",
year = "1999",
month = "7",
language = "English (US)",
volume = "36",
pages = "505--534",
journal = "Journal of Management Studies",
issn = "0022-2380",
publisher = "Wiley-Blackwell",
number = "4",

}

TY - JOUR

T1 - Time-based experience and international expansion

T2 - The case of an emerging economy

AU - Luo, Yadong

PY - 1999/7

Y1 - 1999/7

N2 - Building on the organizational learning theory and international expansion process model, this paper examines the effect of time-based experience on multidimensional performance including return on equity, sales growth, competitive position, and asset efficiency of foreign-invested enterprises (FIEs) in an emerging economy (the People's Republic of China). The analysis, based on a recent survey of FIEs in China, demonstrates that time-based experience has a significantly positive effect on overall and individual dimensions of performance of FIEs. The underlying link between time-based experience and multidimensional performance is, however, moderated by the cultural distance between the host and home countries. Moreover, time-based experience moderates the positive impact of resource contributions, market commitment, and strategic innovativeness on venture performance.

AB - Building on the organizational learning theory and international expansion process model, this paper examines the effect of time-based experience on multidimensional performance including return on equity, sales growth, competitive position, and asset efficiency of foreign-invested enterprises (FIEs) in an emerging economy (the People's Republic of China). The analysis, based on a recent survey of FIEs in China, demonstrates that time-based experience has a significantly positive effect on overall and individual dimensions of performance of FIEs. The underlying link between time-based experience and multidimensional performance is, however, moderated by the cultural distance between the host and home countries. Moreover, time-based experience moderates the positive impact of resource contributions, market commitment, and strategic innovativeness on venture performance.

UR - http://www.scopus.com/inward/record.url?scp=0033164096&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0033164096&partnerID=8YFLogxK

M3 - Article

AN - SCOPUS:0033164096

VL - 36

SP - 505

EP - 534

JO - Journal of Management Studies

JF - Journal of Management Studies

SN - 0022-2380

IS - 4

ER -