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Chapter 14 Outline

Notes

  1. This can be reconceptualized as the resource base of the entrant, relative to indigenous competitors. For work that focuses on this issue, see W. C. Bogenr, H. Thomas, and J. McGee, "A Longitudinal Study of the Competitive Positions and Entry Paths of European Firms in the U.S. Pharmaceutical Market," Strategic Management Journal 17 (1996), pp. 85 - 107; D. Collis, "A Resource-Based Analysis of Global Competition," Strategic Management Journal 12 (1991), pp. 49 - 68; S. Tallman, "Strategic Management Models and Resource-Based Strategies among MNEs in a Host Market," Strategic Management Journal 12 (1991), pp. 69 - 82.

  2. For a discussion of first-mover advantages see M. Liberman and D. Montgomery, "First-Mover Advantages," Strategic Management Journal 9 (Summer Special Issue, 1988), pp. 41 - 58.
  1. J. M. Shaver, W. Mitchell, and B. Yeung, "The Effect of Own Firm and Other Firm Experience on Foreign Direct Investment Survival in the United States, 1987 - 92," Strategic Management Journal 18 (1997), pp. 811 - 24.

  2. S. Zaheer and E. Mosakowski, "The Dynamics of the Liability of Foreignness: A Global Study of Survival in the Financial Services Industry," Strategic Management Journal 18 (1997), pp. 439 - 64.

  3. Shaver, Mitchell, and Yeung, "The Effect of Own Firm and Other Firm Experience on Foreign Direct Investment Survival in the United States, 1987 - 92."

  4. P. Ghemawat, Commitment: The Dynamics of Strategy (New York: Free Press, 1991).

  5. R. Luecke, Scuttle Your Ships before Advancing (Oxford: Oxford University Press, 1994).

  6. This section draws on several studies including: C. W. L. Hill, P. Hwang, and W. C. Kim, "An Eclectic Theory of the Choice of International Entry Mode," Strategic Management Journal 11 (1990), pp. 117 - 28; C. W. L. Hill and W. C. Kim, "Searching for a Dynamic Theory of the Multinational Enterprise: A Transaction Cost Model," Strategic Management Journal 9 (Special Issue on Strategy Content, 1988), pp. 93 - 104; E. Anderson and H. Gatignon, "Modes of Foreign Entry: A Transaction Cost Analysis and Propositions," Journal of International Business Studies 17 (1986), pp. 1 - 26; F. R. Root, Entry Strategies for International Markets (Lexington, MA: D. C. Heath, 1980); and A. Madhok, "Cost, Value and Foreign Market Entry: The Transaction and the Firm," Strategic Management Journal 18 (1997), pp. 39 - 61.

  7. For a general discussion of licensing, see F. J. Contractor, "The Role of Licensing in International Strategy," Columbia Journal of World Business, Winter 1982, pp. 73 - 83.

  8. See E. Terazono and C. Lorenz, "An Angry Young Warrior," Financial Times, September 19, 1994, p. 11, and K. McQuade and B. Gomes-Casseres, "Xerox and Fuji-Xerox," Harvard Business School Case #9-391-156.

  9. O. E. Williamson, The Economic Institutions of Capitalism (New York: Free Press, 1985).

  10. J. H. Dunning and M. McQueen, "The Eclectic Theory of International Production: A Case Study of the International Hotel Industry," Managerial and Decision Economics 2 (1981), pp. 197 - 210.

  11. Andrew E. Serwer, "McDonald's Conquers the World," Fortune, October 17, 1994, pp. 103 - 16.

  12. For an excellent review of the literature of joint ventures, see B. Kogut, "Joint Ventures: Theoretical and Empirical Perspectives," Strategic Management Journal 9 (1988), pp. 319 - 32.

  13. D. G. Bradley, "Managing against Expropriation," Harvard Business Review, July - August 1977, pp. 78 - 90.

  14. Speech given by Tony Kobayashi at the University of Washington Business School, October 1992.

  15. A. C. Inkpen and P. W. Beamish, "Knowledge, Bargaining Power, and the Instability of International Joint Ventures," Academy of Management Review 22 (1997), pp. 177 - 202, and S. H. Park and G. R. Ungson, "The Effect of National Culture, Organizational Complementarity, and Economic Motivation on Joint Venture Dissolution," Academy of Management Journal 40 (1997), pp. 279 - 307.

  16. Inkpen and Beamish, "Knowledge, Bargaining Power, and the Instability of International Joint Ventures."

  17. For a review of the kinds of problems encountered when making acquisitions, see Chapter 9 in C. W. L. Hill and G. R. Jones, Strategic Management Theory (Boston: Houghton Mifflin, 1995).

  18. This section draws on Hill, Hwang, and Kim, "An Eclectic Theory of the Choice of International Entry Mode."

  19. C. W. L. Hill, "Strategies for Exploiting Technological Innovations: When and When Not to License," Organization Science 3 (1992), pp. 428 - 41.

  20. See K. Ohmae, "The Global Logic of Strategic Alliances," Harvard Business Review, March - April 1989, pp. 143 - 54; G. Hamel, Y. L. Doz, and C. K. Prahalad, "Collaborate with Your Competitors and Win!" Harvard Business Review, January - February 1989, pp. 133 - 39; and W. Burgers, C. W. L. Hill, and W. C. Kim, "Alliances in the Global Auto Industry," Strategic Management Journal 14 (1993), pp. 419 - 32.

  21. "Asia Beckons," The Economist, May 30, 1992, pp. 63 - 64.

  22. P. M. Reilly, "Sony's Digital Audio Format Pulls ahead of Philips's," The Wall Street Journal, August 6, 1993, p. B1.

  23. R. B. Reich and E. D. Mankin, "Joint Ventures with Japan Give Away Our Future," Harvard Business Review, March - April 1986, pp. 78 - 90.

  24. J. Bleeke and D. Ernst, "The Way to Win in Cross-Border Alliances," Harvard Business Review, November - December 1991, pp. 127 - 135.

  25. W. Roehl and J. F. Truitt, "Stormy Open Marriages Are Better," Columbia Journal of World Business, Summer 1987, pp. 87 - 95.

  26. K. McQuade and B. Gomes-Casseres, "Xerox and Fuji-Xerox," Harvard Business School Case #9-391-156.

  27. T. Khanna, R. Gulati, and N. Nohria, "The Dynamics of Learning Alliances: Competition, Cooperation, and Relative Scope," Strategic Management Journal 19 (1998), pp. 193 - 210.

  28. Hamel, Doz, and Prahalad, "Collaborate with Competitors."

  29. B. Wysocki, "Cross-Border Alliances Become Favorite Way to Crack New Markets," The Wall Street Journal, March 4, 1990, p. A1.

  30. Hamel, Doz, and Prahalad, "Collaborate with Competitors," p. 138.
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Voyevodins' Library ... Main page    "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Contents