When experience meets national institutional environmental change: Foreign entry attempts of U.S. Firms in the Central and Eastern European Region

Strategic Management Journal

Volumn 30, Issue 12, 2009, Pages 1286-1309

  Xia, Jun ^c   Boal, Kimberly ^a   Delios, Andrew ^b  

^a TEXAS TECH UNIVERSITY   (United States)

^b NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

^c MONTCLAIR STATE UNIVERSITY   (United States)

Author keywords

Experience; Foreign entry; Institutional theory; National institutional environment; Transition economy

Indexed keywords

EXPERIENCE; FOREIGN ENTRY; INSTITUTIONAL THEORY; NATIONAL INSTITUTIONAL ENVIRONMENT; TRANSITION ECONOMY;

ECONOMICS;

SOCIETIES AND INSTITUTIONS;

EID: 70350216064     PISSN: 01432095     EISSN: 10970266     Source Type: Journal    
DOI: 10.1002/smj.794     Document Type: Article

References (76)

1. Ahmadjian C, Robinson P. 2001. Safety in numbers: downsizing and the deinstitutionalization of permanent employment in Japan. Administrative Science Quarterly 46: 622-654.
2. Allison PD. 1995. Survival Analysis Using the SAS System: A Practical Guide. SAS Institute: Cary, NC.
3. Amburgey TL, Kelly D, Barnett WP. 1993. Resetting the clock: the dynamics of organizational change and failure. Administrative Science Quarterly 38: 51-73.
4. Amburgey TL, Miner AS. 1992. Strategic momentum: the effects of repetitive, positional, and contextual momentum on merger activity. Strategic Management Journal 13: 335-348.
5. Audia G, Locke EA, Smith KG. 2000. The paradox of success: an archival and laboratory study of strategic persistence following radical environmental change. Academy of Management Journal 43: 837-854.
6. Barkema HG, Shenkar O, Vermeulen F, Bell JHJ. 1997. Working abroad, working with others: how firms learn to operate international joint ventures. Academy of Management Journal 40: 426-442.
7. Barkema HG, Vermeulen F. 1998. International expansion through start-up or acquisition: a learning perspective. Academy of Management Journal 41: 7-26.
8. Barlow D. 2006. Growth in transition economies: a trade policy perspective. Economics of Transition 14: 505-515.
9. Baum JAC, Korn HJ. 1999. Chance, imitative, and strategic antecedents to multimarket contact. Academy of Management Journal 42: 171-193.
10. Beckman CM, Haunschild PR. 2002. Network learning: the effects of partners' heterogeneity of experience on corporate acquisitions. Administrative Science Quarterly 47: 92-124.
11. Brouthers K, Hennart JMA. 2007. Boundaries of the firm: insights from international entry mode research. Journal of Management 33: 395-425.
12. Bruton GD, Oviatt BM, White MA. 1994. Performance of acquisitions of distressed firms. Academy of Management Journal 37: 972-989.
13. Chang SJ. 1995. International expansion strategy of Japanese firms: capability building through sequential entry. Academy of Management Journal 38: 383-407.
14. Davis GF, Diekmann KA, Tinsley CH. 1994. The decline and fall of the conglomerate firm in the 1980s: the deinstitutionalization of an organizational form. American Sociological Review 59: 547-570.
15. Davis PS, Desai AB, Francis JD. 2000. Mode of international entry: an isomorphism perspective. Journal of International Business Studies 31: 239-258.
16. Diggle PJ, Liang K-Y, Zeger SL. 1994. Analysis of Longitudinal Data. Oxford Science Publication: Oxford, UK.
17. DiMaggio PJ, Powell WW. 1983. The iron cage revisited: institutional isomorphism and collective rationality in organizational fields. American Sociological Review 48: 147-160.
18. EBRD. 2002. Transition Report 2002: Agriculture and Rural Transition. European Bank for Reconstruction and Development: London, UK.
19. Ellstrand AE, Tihanyi L, Johnson JL. 2002. Board structure and international political risk. Academy of Management Journal 45: 769-777.
20. Fahy J, Hooley G, Cox T, Beracs J, Fonfoara K, Snoj B. 2000. The development and impact of marketing capabilities in Central Europe. Journal of International Business Studies 31: 63-82.
21. Falcetti E, Raiser M. Sanfey P. 2002. Defying the odds: initial conditions, reforms and growth in the first decade of transition. Journal of Comparative Economics 30: 229-50.
22. Farjoun M. 2002. The dialectics of institutional development in emerging and turbulent fields: the history of pricing conventions in the on-line database industry. Academy of Management Journal 45: 848-874.
23. Fischer S, Sahay R. 2000. The transition economies after ten years. International Monetary Fund Working paper no. 30. IMF: Washington, DC.
24. George E, Chattopadhyay P, Sitkin SB, Barden J. 2006. Cognitive underpinnings of institutional persistence and change: a framing perspective. Academy of Management Review 31: 347-365.
25. Gomes L, Ramaswamy K. 1999. An empirical examination of the form of the relationship between multinationality and performance. Journal of International Business Studies 30: 173-187.
26. Greenwood R, Suddaby R, Hinings C. 2002. Theorizing change: the role of professional associations in the transformation of institutionalized fields. Academy of Management Journal 45: 58-81.
27. Guilĺen MF. 2002. Structural inertia, imitation and foreign expansion: South Korean firms and business groups in China, 1987-1995. Academy of Management Journal 45: 509-526.
28. Guilĺen MF. 2003. Experience, imitation, and the sequence of foreign entry: wholly owned and jointventure manufacturing by South Korean firms and business groups in China, 1987-1995. Journal of International Business Studies 34: 185-198.
29. Gupta AK, Govindarajan V. 1991. Knowledge flows and the structure of control within multinational corporations. Academy of Management Review 16: 768-792.
30. Hannan MT, Freeman J. 1984. Structural inertia and organizational change. American Sociological Review 49: 149-164.
31. Hannan MT, Freeman J. 1989. Organizational Ecology. Harvard University Press: Cambridge, MA.
32. Haveman HA. 1993. Organizational size and change: diversification in the savings and loan industry after deregulation. Administrative Science Quarterly 38: 20-50.
33. Henisz WJ. 2000. The institutional environment for economic growth. Economics and Politics 12: 1-31.
34. Henisz WJ, Delios A. 2001. Uncertainty, imitation and plant location: Japanese multinational corporations, 1990-1996. Administrative Science Quarterly 46: 443-475.
35. Henisz WJ, Macher JT. 2004. Firm- and countrylevel trade-offs and contingencies in the evaluation of foreign investment: the semiconductor industry, 1994-2002. Organization Science 15: 537-554.
36. Hitt MA, Dacin MT, Levitas E, Arregle JL, Borza A. 2000. Partner selection in emerging and developed markets: resource-based and organizational learning perspectives. Academy of Management Journal 43: 449-467.
37. Hoskisson RE, Eden L, Lau CM, Wright M. 2000. Strategy in emerging economies. Academy of Management Journal 43: 249-267.
38. IMF. 2000. World Economic Outlook: Focus on Transition Economies. International Monetary Fund: Washington, DC.
39. Inkpen AC. 2000. Learning through joint ventures: a framework of knowledge acquisition. Journal of Management Studies 37: 1019-1043.
40. Johnson G, Melin L, Whittington R. 2003. Micro strategy and strategizing: towards an activity-based view. Journal of Management Studies 40: 3-22.
41. Kostova T, Zaheer S. 1999. Organizational legitimacy under conditions of complexity: the case of the multinational enterprise. Academy of Management Review 24: 64-81.
42. Kraatz MS, Zajac EJ. 1996. Exploring the limits of the new institutionalism: the causes and consequences of illegitimate organizational change. American Sociological Review 61: 812-836.
43. Li JT, Yang JY, Yue DR. 2007. Identity, community, and audience: how wholly owned foreign subsidiaries gain legitimacy in China. Academy of Management Journal 50: 175-190.
44. Lounsbury M. 2002. Institutional transformation and status mobility: the professionalization of the field of finance. Academy of Management Journal 45: 255-266.
45. Lyles M. 1988. Learning among joint venture sophisticated firms. In Cooperative Strategies in International Business, Contractor FJ, Lorange P (eds.). Lexington Books: Lexington, MA; 301-316.
46. Martin X, Swaminathan A, Mitchell W. 1998. Organizational evolution in the interorganizational environment: incentives and constraints on international expansion strategy. Administrative Science Quarterly 43: 566-601.
47. Meyer JW, Rowan B. 1977. Institutionalized organizations: formal structure as myth and ceremony. American Journal of Sociology 83: 340-363.
48. Meyer KE, Lieb-D́oczy E. 2003. Post-acquisition restructuring as evolutionary process. Journal of Management Studies 40: 459-482.
49. Meyer KE, Tran YTT. 2006. Market penetration and acquisition strategies for emerging economies. Long Range Planning 39: 177-197.
50. Newman KL. 2000. Organizational transformation during institutional upheaval. Academy of Management Review 25: 602-619.
51. Oliver C. 1991. Strategic responses to institutional processes. Academy of Management Review 16: 145-179.
52. Oliver C. 1992. The antecedents of deinstitutionalization. Organization Studies 13: 563-588.
53. Pablo AL. 1994. Determinants of acquisition integration level: a decision-making perspective. Academy of Management Journal 37: 803-836.
54. Padmanabhan P, Rao CK. 1999. Decision specific experience in foreign ownership and establishment strategies: evidence from Japanese firms. Journal of International Business Studies 30: 25-43.
55. Peng MW. 2003. Institutional transitions and strategic choices. Academy of Management Review 28: 275-296.
56. Peng MW, Heath P. 1996. The growth of the firm in planned economies in transition: institutions, organizations, and strategic choice. Academy of Management Review 21: 492-528.
57. Rodriguez P, Uhlenbruck K, Eden L. 2005. Government corruption and the entry strategies of multinationals. Academy of Management Review 30: 383-396.
58. Rosenzweig P, Singh J. 1991. Organizational environments and the multinational enterprise. Academy of Management Review 16: 340-361.
59. Sanders WG, Carpenter MA. 2003. Strategic satisficing? A behavioral-agency perspective on stock repurchase program announcements. Academy of Management Journal 46: 160-179.
60. Sapienza HJ, Autio E, George G, Zahra SA. 2006. A capabilities perspective on the effects of early internationalization on firm survival and growth. Academy of Management Review 33: 914-933.
61. Schneper WD, Guilĺen MF. 2004. Stakeholder rights and corporate governance: a cross-national study of hostile takeovers. Administrative Science Quarterly 49: 263-295.
62. Scott WR. 2001. Institutions and Organizations (2nd edn). Sage: Thousand Oaks, CA.
63. Seo MG, Creed WED. 2002. Institutional contradictions, praxis, and institutional change: a dialectical perspective. Academy of Management Review 27: 222-247.
64. Sørensen JB, Stuart TE. 2000. Aging, obsolescence, and organizational innovation. Administrative Science Quarterly 45: 81-112.
65. Tihanyi L, Johnson RA, Hoskisson RE, Hitt MA. 2003. Institutional ownership differences and international diversification: the effects of board of directors and technological opportunity. Academy of Management Journal 46: 195-211.
66. Uhlenbruck K, de Castro JO. 2000. Foreign acquisitions in Central and Eastern Europe: outcomes of privatization in transitional economies. Academy of Management Journal 43: 381-402.
67. Uhlenbruck K, Meyer K, Hitt MA. 2003. Organizational transformation in transition economies: resource-based and organizational learning perspectives. Journal of Management Studies 40: 257-282.
68. Walsh JP, Seward JK. 1990. On the efficacy of internal and external corporate control mechanisms. Administrative Science Quarterly 15: 421-458.
69. White HL. 1980. A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity. Econometrica 48: 817-838.
70. Whitley R, Czaban E. 1998. Institutional transformation and enterprise change in an emergent capitalist economy: the case of Hungary. Organization Studies 19: 259-280.
71. WIR. 2005. World Investment Report 2005: Transnational Corporations and the Internationalization of R&D. UNCTAD: New York and Geneva.
72. Wright M, Hoskisson R, Filatotchev I, Buck TW. 1998. Revitalizing privatized Russian enterprises. Academy of Management Executive 12: 74-85.
73. Yiu D, Makino S. 2002. The choice between joint venture and wholly owned subsidiary: an institutional perspective. Organization Science 13: 667-683.
74. Zaheer S. 1995. Overcoming the liability of foreignness. Academy of Management Journal 38: 341-363.
75. Zahra SA, Ireland RD, Gutierrez I, Hitt MA. 2000. Privatization and entrepreneurial transformation: emerging issues and a research agenda. Academy of Management Review 25: 509-524.
76. Zajac E, Kraatz M, Bresser R. 2000. Modeling the dynamics of strategic fit: a normative approach to strategic change. Strategic Management Journal 21(4): 429-453.