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Cross-border flows of goods, services, capital, knowledge, and ideas have substantially increased over the last decades. These developments have increased the interdependencies among previously separated economies, given rise to arguments regarding the flattening of the world. Yet, firms investing overseas continue to experience substantial liabilities stemming from their foreignness. At the same time new locations are appearing on the global map that offers very attractive location-specific advantages. In addition, the range of participants in international competition has widened, in terms of both the number of countries involved and the types of firms competing, to encompass developed market firms expanding beyond industrialized countries, and emerging market firms joining global competition. The focus of this volume is on how the interface between firm-specific advantages, liability of foreignness, and location-specific advantages are spelled out in the more global world.
Price: $228.99
Pages: 472
Publisher: Emerald Group Publishing Limited
Imprint: Emerald Group Publishing Limited
Series: Advances in International Management
Publication Date:
09 June 2011
ISBN: 9780857249913
Format: Hardcover
BISACs:
BUSINESS & ECONOMICS / International / General, International business
List of Contributors.
Editors' Biography.
Editors' introduction.
Introduction to Part I: Booz & Co./Strategy + Business Eminent Scholar in International Management 2010.
The Transnational Transition and the Multinational Firm.
Connecting the Plots: The Contributions of Stephen J. Kobrin to International Management Research.
Governance in a Transnational Era: Stephen J. Kobrin and the Post-Westphalian Reality.
Introduction to Part II: Dynamics of Globalization: Location-Specific Advantages or Liabilities of Foreignness?.
The Home-Based Advantages and a Hierarchy of Location Resources: Foreign and Local Firms Dependency on Location Resources.
The Benefits of Hierarchy? – Exploring the Effects of Regional Headquarters in Multinational Corporations.
Overcoming Liabilities of Foreignness by Modes of Structural Coordination: Regional Headquarters and their Role in TNCs.
Moving Abroad: Factors that Motivate Foreign Location of Headquarter Activities.
Selecting State or Private Joint Venture Partners in Emerging Markets: Impact of Liability of Foreignness and Rule of Law.
Liability of Foreignness and Location-Specific Advantages: Time, Space and Relative Advantage.
Liability of Foreignness and Internationalisation of Emerging Market Firms.
Evolution of Firm- and Country-Specific Advantages and Disadvantages in the Process of Chinese Firm Internationalization.
From Stages to Phases, A Theory of Small Developing Country Internationalization.
What Lies Beneath the Internationalization of Firms in a Regional Innovation System?.
Location Determinants of FDI in Sub-Saharan Africa: An Empirical Analysis.
International Entrepreneurship at the Foreign Market Level: Towards a Network Perspective.
The Importance of Internal and External Knowledge Sourcing and Firm Performance: A Latent Class Estimation.
A Knowledge System Approach to the Multinational Company: Conceptual Grounding and Implications for Research.
Author biographies.
Dynamics of Globalization: Location-specific Advantages or Liability of Foreignness?.
Advances in international Management.
Advances in Interantional Management.
Copyright page.
Dedication.