Multinationality and Technical Efficiency: A Neglected Perspective

Management International Review

Volumn 48, Issue 1, 2008, Pages 39-64

  Li, Lei ^a  

^a UNIVERSITY OF PORTLAND   (United States)

Author keywords

Liability of internationalization; Multinationality; R d and advertising intensity; Stochastic frontier production function; Technical efficiency; U.s. Manufacturing firms

Indexed keywords

EID: 71049139432     PISSN: 09388249     EISSN: None     Source Type: Journal    
DOI: 10.1007/s11575-008-0003-2     Document Type: Article

References (86)

1. Acar, W./Sankaran, K., The Myth of the Unique Decomposability: Specializing the Herfindahl and Entropy Measures?, Strategic Management Journal, 20, 10, 1999, pp. 969-975.
2. Aigner, D./Lovell, K./Schmidt, P., Formulation and Estimation of Stochastic Frontier Production Function Models, Journal of Econometrics, 6, 1, 1977, pp. 21-37.
3. Aigner, D./Chu, S. E, On Estimating the Industry Production Function, American Economic Review, 58, 4, 1968, pp. 826-839.
4. Al-Obaidan, A. M./Scully, G. W., The Theory and Measurement of the Net Benefits of Multinationality: The Case of the International Petroleum Industry, Applied Economics, 27, 2, 1995, pp. 231-238.
5. Bao, B. H./Bao, D. H., The Time Series Behavior and Predictive-Ability Results of Annual Value Added Data, Journal of Business Finance & Accounting, 23, 3, 1996, pp. 449-460.
6. Bartlett, C. A./Ghoshal, S., Managing Across Borders: The Transnational Solution, Boston, Massachusetts: Harvard Business School Press 1989.
7. Battese, G. E./Coelli, T. J., A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data, Empirical Econometrics, 20, 2, 1995, pp. 325-332.
8. Battese, G. E./Corra, G. S., Estimation of a Production Frontier Model: With Application to the Pastoral. Zone of Eastern. Australia, Australian Journal of Agricultural Economics, 21, 3, 1977, pp. 169-179.
9. Buckley, P./Casson, M., The Future of The Multinational Enterprises, New York: Holmes & Meier Publishers 1976.
10. Buehner, R., Assessing International Diversification of West German Corporations, Strategic Management Journal, 8, 1, 1987, pp. 5-37.
11. Buzzell, R. D./Gale, B. T., The PIMS Principles: Linking Strategy to Performance, New York: Free Press 1987.
12. Capar, N./Kotabe, M., The Relationship between International Diversification and Performance in Service Firms, Journal of International Business Studies, 34, 4, 2003, pp. 345-355.
13. Caves, R. E., International Corporations: The Industrial. Economics of Foreign Investment, Econometrica, 38, 149, 1971, pp. 1-27.
14. Caves, R. E., Efficiency in Six Countries, Cambridge, Massachusetts: MIT Press 1992.
15. nd edition, Cambridge, United Kingdom: Cambridge University Press 1996.
16. Caves, R. E./Barton, D. R., Efficiency in US Manufacturing Industries, Cambridge, Massachusetts: MIT Press 1990.
17. Chandler, A., Strategy and Structure: Chapters in the History of the American Industrial Enterprise, Cambridge, Massachusetts: MIT Press 1962.
18. Christophe, S. E., Hysteresis and the Value of the U.S. Multinational Corporation, Journal of Business, 70, 3, 1997, pp. 35-462.
19. Coase, R. H., The Nature of the Firm, Econometrica, 4, 16, 1937, pp. 386-405.
20. Coelli, T. J., A Guide to Frontier Version 4.1 : A Computer Program for Stochastic Frontier Production and Cost Function Estimation, CEPA Working paper 96/07, University of New England Australia 1996.
21. Coelli, T./Perehnan, S./Romano, E., Accounting for Environmental Influences in Stochastic Frontier Models: With Application to International Airlines, Journal of Productivity Analysis, 11, 3, 1999, pp. 251-273.
22. Cohen, W. M./Levinthal, D. A., Absorptive Capacity: A New Perspective on Learning and Innovation, Administrative Science Quarterly, 35, 1, 1990, pp. 128-153.
23. Collins, J. M., A Market Performance Comparison of U.S Finns Active in Domestic Developed and Developing Countries, Journal of International Business Studies, 21, 2, 1990, pp. 271-287.
24. Contractor, F. J./Kundu, S. K./Hsu, C. C., A Three-Stage Theory of International Expansion: The Link Between Multinationality and Performance in the Service Sector, Journal of International Business Studies, 34, 1, 2003, pp. 5-18.
25. Cornwell, C./Schmidt, P., Production Frontiers and Efficiency Measurement, in Matyas, L./Sevestre, P. (eds.), Econometrics of Panel Data, New York: Kluwer Academic Publishers 1996, pp. 845-878.
26. Daniels, J. D./Bracker, J., Profit Performance: Do Foreign Operations Make a Difference?, Management International Review, 29, 1, 1989, pp. 46-56.
27. Denis, D./Denis, D./Yost, K., Global. Diversification Industrial Diversification and Firm Value, Journal of Finance, 57, 5, 2002, pp. 1951-1979.
28. Dhawan, R./Gerdes, G., Estimating Technological Change Using a Stochastic Frontier Production Function Framework: Evidence From U.S. Firm-Level Data, Journal of Productivity Analysis, 8, 4, 1997, pp. 431-446.
29. Doz, Y., Strategic Management and International. Business Research: An Empirical. Convergence?, in Toyne, B./Nigh, D. (eds.), International Business: An Emerging Vision, Columbia, South Carolina: University of South Carolina Press 1997, pp. 488-497.
30. Dunning, J., Trade Location of Economic Activity and the MNE: A Search for an Eclectic Paradigm, in Wijkman, P. (ed.), The International Allocation Of Economic Activity, London: McMillan 1977, pp. 395-418.
31. Dunning, J. H., The Eclectic Paradigm of International Production: A Restatement and Some Possible Extension, Journal of International Business Studies, 19, 1, 1988, pp.1-32.
32. Dunning, J. H., Multinational Enterprises and the Global Economy, Boston, Massachusetts: Addison-Wesley Publishers 1993.
33. Eden, L./Miller, S., Opening the Black Box: Multinationals and the Costs of Doing Business Abroad, Academy of Management Annual Meeting Best Paper Proceedings 2001.
34. Farrell, M. J., The Measurement of Productive Efficiency, Journal of the Royal Statistical Society, 120, 3, 1957, pp. 253-282.
35. Geringer, J. M./Beamish, P. W./DaCosta, R. C., Diversification Strategy and Internationalization: Implications for MNE Performance, Strategic Management Journal, 10, 2, 1989, pp. 109-119.
36. Ghoshal, S., Global Strategy: An Organizing Framework, Strategic Management Journal, 8, 5, 1987, pp. 425-440.
37. Goerzen, A./Beamish, P., Geographic Scope and Multinational Enterprise Performance, Strategic Management Journal, 24, 13, 2003, pp. 1289-1306.
38. Gomes, L./Ramaswamy, K., An Empirical Examination of the Form of the Relationship Between Multinationality and Performance, Journal of International Business Studies, 30, 1, 1999, pp. 173-188.
39. Good, D./Nadiri, M./Roeller, L. H./Sickles, R. C., Efficiency and Productivity Growth Comparisons of European and U.S. Air Carriers: A First Look at Data, The Journal of Productivity Analysis, 4, 1/2, 1993, pp. 15-125.
40. Grant, R. M., Multinationality and Performance among British Manufacturing Companies, Journal of International Business Studies, 18, 1, 1987, pp. 79-89.
41. th edition, Maiden, Massachusetts: Blackwell Publishing 2005.
42. Grant, R. M./Jaininine, A. P./Thoinas, H., Diversity Diversification and Profitability among British Manufacturing Companies 1972-1984, Academy of Management Journal, 31, 4, 1988, pp. 771-801.
43. rd edition, New York: Macmillan 1997.
44. Guisinger, S., From OLI to OLMA: Incorporating Higher Levels of Environmental, and Structural. Complexity into Eclectic Paradigm, International Journal of the Economics of Business, 8, 2, 2001, pp. 257-272.
45. Gupta, A. K./Govindarajan, V., Knowledge Flows Within Multinational Corporations, Strategic Management Journal, 21, 4, 2000, pp. 473-496.
46. Hannan, M. T./Freeman, J., Structural Inertia and Organizational. Change, American Sociological Review, 49, 2, 1984, pp.149-164.
47. Hennart, J.-F, A Theory of Multinational Enterprise, Ann. Arbor, Michigan: University of Michigan Press 1982.
48. Hirt, M. A./Hoskisson, R. E./Kim, H., International. Diversification: Effects on Innovation and Firm Performance in Product-Diversified Firms, Academy of Management Journal, 40, 4, 1997, pp. 767-798.
49. Johanson, J./Vahlne, J. E., The Internationalization Process of the Firm: A Model of Knowledge Development and Increasing Foreign Market Commitments, Journal of International Business Studies, 8, 1, 1977, pp. 23-32.
50. Johanson, J./Vahlne, J. E., The Mechanism, of Internationalisation, International Marketing Review, 7, 4, 1990, pp. 11-24.
51. Kim, W.C./Hwang, P./Burgers, W.P., Multinationals' Diversification and the Risk-Return Trade-off, Strategic Management Journal, 14, 4, 1993, pp. 275-286.
52. Kim, W. C./Mauborgne, R. A., Making Global. Strategies Work, Sloan Management Review, 34, 3, 1993, pp. 11-27.
53. Kobrin, S., An Empirical Analysis of the Determinants of Global Integration, Strategic Management Journal, 12, 4, 1991, pp. 17-31.
54. Kogut, B., Designing Global Strategies: Profiting From Operating Flexibility, Sloan Management Review, 27, 4, 1985, pp. 27-38.
55. Kostova, T./Zaheer, S., Organizational Legitimacy under Conditions of Complexity: The Case of the Multinational Enterprises, Academy of Management Review, 24, 1, 1999, pp. 64-81
56. Kotabe, M./Srinivasan, S. S./Aulakh, P. S., Multinationality and Firm Performance: The Moderating Role of R&D and Marketing Capabilities, Journal of International Business Studies, 33, 1, 2002, pp. 79-97.
57. Leibenstein, H., Organizational or Frictional Equilibria, X-efficiency, and the Rate of Innovation, Quarterly Journal of Economics, 83, 4, 1969, pp. 600-623.
58. Lessard, D. R., World Country and Industry Relations in Equity Returns: Implications for Risk Reduction through International Diversification, Financial Analysts Journal, 32, 1, 1976, pp. 32-38.
59. Li, L., Is Regional Strategy More Effective than Global Strategy in the US Service Industries?, Management International Review, 45, Special Issue 1, 2006, pp. 37-57.
60. Li, L., Multinationality and Perfonnance: A Synthetic Review and Research Agenda, International Journal of Management Reviews, 9, 2, 2007, pp. 117-139.
61. th Academy of Management Conference, 2006.
62. Lu, J. W./Beamish, P. W., The Internationalization and Performance of SMEs, Strategic Management Journal, 22, 6/7, 2001, pp. 565-586,
63. Lu, J. W./Beamish, P. W., International Diversification and Firm Performance: The S-Curve Hypothesis, Academy of Management Journal, 47, 4, 2004, pp. 598-609.
64. McGahan, A. M./Porter, M. E., How Much Does Industry Matter, Really?, Strategic Management Journal, 18, Supplement 1, 1997, pp. 15-30.
65. Michel, A./Shaked, I., Multinational. Corporations vs. Domestic Corporations: Financial Performance and Characteristics, Journal of International Business Studies, 17, 3, 1986, pp. 89-100.
66. Miller, S. R./Parkhe, A., Is There a Liability of Foreignness in Global Banking? An Empirical Test of Banks' X-Efficiency, Strategic Management Journal, 23, 1, 2002, pp. 55-75.
67. Morck, R./Yeung, B., Why Investors Value Multinationality?, Journal of Business, 64, 2, 1991, pp. 165-187.
68. Nohria, N./Ghoshal, S., The Differentiated Network: Organizing Multinational Corporations for Value Creation, San Francisco: Jossey-Bass 1997.
69. Pantzalis, C., Does Location Matter? An Empirical Analysis of Geographic Scope and MNC Market Valuation, Journal of International Business Studies, 32, 1, 2001, pp. 133-155.
70. Pinder, C./Das, H., Hidden Costs and Benefits of Employee Transfers, Human Resource Planning, 2, 3, 1979, pp. 135-145.
71. Porter, M. E., Competitive Advantage, New York: The Free Press 1985.
72. Porter, M. E., Competition in Global Industries, Boston Massachusetts: Harvard Business School Press 1986.
73. Riahi-Belkaoui, A., The Effects of the Degree of Internationalization on Finn Performance, International Business Review, 7, 3, 1998, pp. 315-321.
74. Ruginan, A. M., International Diversification and the. Multinational Enterprise, Lexington D.C: Heath 1979.
75. Rugman, A. M., Inside the Multinationals: The Economics of Internal Markets, New York: Columbia University Press 1981.
76. Ruigrok, W./Wagner, H., Internationalization and Performance: An Organizational Learning Perspective, Management International Review, 43, 1, 2003, pp. 63-83.
77. Severn, A. K./Laurence, M. M., Direct Investment Research Intensity and Profitability. Journal of Financial and Quantitative Analysis, 9, 2,1974, pp. 181-190.
78. Sullivan, D., The "Threshold of Internationalization": Replication, Extension, and Reinterpretation, Management International Review. 34, 2, 1994, pp. 165-186.
79. Sundaram, A./Black, J., The Environment and Internal. Organization of Multinational Enterprises, Academy of Management Review. 17, 4, 1992, pp. 729-757.
80. Tallman, S./Li, J. T., Effects of International Diversity and Product Diversity on the Performance of Multinational Firms, Academy of Management Journal, 39, 1, 1996, pp. 179-196.
81. Thomas, D. E./Eden, L., What is the Shape of The Multinationality- Perforinance Relationship?, Multinational Business Review, 12, 1, 2004, pp. 89-110.
82. Tushman, M./Romanelli, E., Organizational Evolution: A. Metamorphis of Convergence and Reorientation, in Cummings, L./Staw, B. (eds.), Research in Organizational Behavior, Greenwich, Connecticut: JAI Press 1985, pp. 171-222.
83. Venkatraman, N./Rainanujain, V., Measurement of Business Performance in Strategy Research: A Comparison of Approaches, Academy of Management Review, 11, 4, 1986, pp. 801-814.
84. Vernon, R., Sovereignty at Bay: The Multinational Spread of US Enterprises, New York: Basic Books 1971.
85. Zaheer, S., Overcoming the Liability of Foreignness, Academy of Management Journal, 38, 2, 1995, pp. 341-363.
86. Zaheer, S./Mosakowski, E., The Dynamics of the Liability of Foreignness: A Global Study of Survival in Financial Services, Strategic Management Journal, 18, 6, 1997, pp. 439-464.