메뉴 건너뛰기




Volumn 11, Issue 3, 2016, Pages 362-375

International diversification and firm performance: a four-stage model

Author keywords

International corporations; International diversification; M curve relationship; Multinational firms; Multinational performances; Multinational strategy

Indexed keywords


EID: 84988019226     PISSN: 14502194     EISSN: 1758888X     Source Type: Journal    
DOI: 10.1108/EMJB-10-2015-0048     Document Type: Article
Times cited : (57)

References (55)
  • 1
    • 84891559506 scopus 로고    scopus 로고
    • The international performance of standardizing and customizing Spanish firms: the M curve relationships
    • Almodóvar, P. (2012), “The international performance of standardizing and customizing Spanish firms: the M curve relationships”, Multinational Business Review, Vol. 20 No. 4, pp. 306-330.
    • (2012) Multinational Business Review , vol.20 , Issue.4 , pp. 306-330
    • Almodóvar, P.1
  • 2
    • 84891545289 scopus 로고    scopus 로고
    • The M curve and the performance of Spanish international new ventures
    • Almodóvar, P. and Rugman, A.M. (2014), “The M curve and the performance of Spanish international new ventures”, British Journal of Management, Vol. 25 No. S1, pp. 6-23.
    • (2014) British Journal of Management , vol.25 , Issue.S1 , pp. 6-23
    • Almodóvar, P.1    Rugman, A.M.2
  • 3
    • 0012410164 scopus 로고    scopus 로고
    • Multinationality-performance relationship: a review and reconceptualization
    • Annavarjula, M. and Beldona, S. (2000), “Multinationality-performance relationship: a review and reconceptualization”, International Journal of Organizational Analysis, Vol. 8 No. 1, pp. 48-67.
    • (2000) International Journal of Organizational Analysis , vol.8 , Issue.1 , pp. 48-67
    • Annavarjula, M.1    Beldona, S.2
  • 4
    • 84896930624 scopus 로고
    • Firm resources and sustained competitive advantage
    • Barney, J. (1991), “Firm resources and sustained competitive advantage”, Journal of Management, Vol. 17 No. 1, pp. 99-120.
    • (1991) Journal of Management , vol.17 , Issue.1 , pp. 99-120
    • Barney, J.1
  • 5
    • 84905705062 scopus 로고    scopus 로고
    • The localization choice of multinational firms’ R&D centers: a survey in the piedmont area
    • Bresciani, S. and Ferraris, A. (2014), “The localization choice of multinational firms’ R&D centers: a survey in the piedmont area”, Journal of Promotion Management, Vol. 20 No. 4, pp. 481-499.
    • (2014) Journal of Promotion Management , vol.20 , Issue.4 , pp. 481-499
    • Bresciani, S.1    Ferraris, A.2
  • 6
    • 84987974738 scopus 로고    scopus 로고
    • International diversification and performance in European service multinational companies
    • Bresciani, S. and Ferraris, A. (2015), “International diversification and performance in European service multinational companies”, The Marketing Review, Vol. 15 No. 4, pp. 423-438.
    • (2015) The Marketing Review , vol.15 , Issue.4 , pp. 423-438
    • Bresciani, S.1    Ferraris, A.2
  • 10
    • 0041706173 scopus 로고    scopus 로고
    • The relationship between international diversification and performance in service firms
    • Capar, N. and Kotabe, M. (2003), “The relationship between international diversification and performance in service firms”, Journal of International Business Studies, Vol. 3 No. 4, pp. 345-355.
    • (2003) Journal of International Business Studies , vol.3 , Issue.4 , pp. 345-355
    • Capar, N.1    Kotabe, M.2
  • 12
    • 33846388537 scopus 로고    scopus 로고
    • The effect of product diversification strategies on the relationship between international diversification and firm performance
    • Chang, S. and Wang, C. (2007), “The effect of product diversification strategies on the relationship between international diversification and firm performance”, Journal of World Business, Vol. 42 No. 1, pp. 61-79.
    • (2007) Journal of World Business , vol.42 , Issue.1 , pp. 61-79
    • Chang, S.1    Wang, C.2
  • 13
    • 0037228934 scopus 로고    scopus 로고
    • A three-stage theory of international expansion: the link between multinationality and performance in the service sector
    • Contractor, F.J., Kundu, S.K. and Hsu, C.C. (2003), “A three-stage theory of international expansion: the link between multinationality and performance in the service sector”, Journal of International Business Studies, Vol. 34 No. 1, pp. 5-18.
    • (2003) Journal of International Business Studies , vol.34 , Issue.1 , pp. 5-18
    • Contractor, F.J.1    Kundu, S.K.2    Hsu, C.C.3
  • 14
    • 77958611118 scopus 로고    scopus 로고
    • Reconceptualizing the firm in a world of outsourcing and offshoring: the organizational and geographical relocation of highvalue company functions
    • Contractor, F.J., Kumar, V., Kundu, S.K. and Pedersen, T. (2010), “Reconceptualizing the firm in a world of outsourcing and offshoring: the organizational and geographical relocation of highvalue company functions”, Journal of Management Studies, Vol. 47 No. 8, pp. 1417-1433.
    • (2010) Journal of Management Studies , vol.47 , Issue.8 , pp. 1417-1433
    • Contractor, F.J.1    Kumar, V.2    Kundu, S.K.3    Pedersen, T.4
  • 15
    • 0000720093 scopus 로고    scopus 로고
    • The impact of stock and flows of organizational knowledge on firm performance: an empirical investigation of the biotechnology industry
    • Decarolis, D.M. and Reeds, D.L. (1999), “The impact of stock and flows of organizational knowledge on firm performance: an empirical investigation of the biotechnology industry”, Strategic Management Journal, Vol. 20 No. 10, pp. 953-968.
    • (1999) Strategic Management Journal , vol.20 , Issue.10 , pp. 953-968
    • Decarolis, D.M.1    Reeds, D.L.2
  • 17
    • 33744812178 scopus 로고    scopus 로고
    • R&D and knowledge: a theoretical assessment of the internationalisation strategies
    • Dias, R.T. and Bresciani, S. (2006), “R&D and knowledge: a theoretical assessment of the internationalisation strategies”, International Journal of Technology, Policy and Management, Vol. 6 No. 1, pp. 1-32.
    • (2006) International Journal of Technology, Policy and Management , vol.6 , Issue.1 , pp. 1-32
    • Dias, R.T.1    Bresciani, S.2
  • 18
    • 84901061416 scopus 로고    scopus 로고
    • Rethinking the literature on ‘multiple embeddedness’ and subsidiary-specific advantages
    • Ferraris, A. (2014), “Rethinking the literature on ‘multiple embeddedness’ and subsidiary-specific advantages”, Multinational Business Review, Vol. 22 No. 1, pp. 15-33.
    • (2014) Multinational Business Review , vol.22 , Issue.1 , pp. 15-33
    • Ferraris, A.1
  • 20
    • 84989059716 scopus 로고
    • Global strategy: an organizing framework
    • Ghoshal, S. (1987), “Global strategy: an organizing framework”, Strategic Management Journal, Vol. 8 No. 5, pp. 425-440.
    • (1987) Strategic Management Journal , vol.8 , Issue.5 , pp. 425-440
    • Ghoshal, S.1
  • 21
    • 0033441028 scopus 로고    scopus 로고
    • An empirical examination of the form of the relationship between multinationality and performance
    • Gomes, L. and Ramaswamy, K. (1999), “An empirical examination of the form of the relationship between multinationality and performance”, Journal of International Business Studies, Vol. 30 No. 1, pp. 173-188.
    • (1999) Journal of International Business Studies , vol.30 , Issue.1 , pp. 173-188
    • Gomes, L.1    Ramaswamy, K.2
  • 22
    • 85132300901 scopus 로고
    • Multinationality and performance among British manufacturing companies
    • Grant, R.M. (1987), “Multinationality and performance among British manufacturing companies”, Journal of International Business Studies, Vol. 18 No. 1, pp. 79-89.
    • (1987) Journal of International Business Studies , vol.18 , Issue.1 , pp. 79-89
    • Grant, R.M.1
  • 23
    • 0002731132 scopus 로고
    • A comparative analysis of the profitability performance of the largest US, European and Japanese multinational enterprises
    • Haar, J. (1989), “A comparative analysis of the profitability performance of the largest US, European and Japanese multinational enterprises”, Management International Review, Vol. 29 No. 3, pp. 5-18.
    • (1989) Management International Review , vol.29 , Issue.3 , pp. 5-18
    • Haar, J.1
  • 24
    • 84986161693 scopus 로고
    • Competition for competence and interpartner learning within international strategic alliances
    • Hamel, G. (1991), “Competition for competence and interpartner learning within international strategic alliances”, Strategic Management Journal, Vol. 12 No. S1, pp. 83-103.
    • (1991) Strategic Management Journal , vol.12 , Issue.S1 , pp. 83-103
    • Hamel, G.1
  • 25
    • 0031285028 scopus 로고    scopus 로고
    • International diversification: effects on innovation and firm performance in product-diversified firms
    • Hitt, M.A., Hoskisson, R.E. and Kim, H. (1997), “International diversification: effects on innovation and firm performance in product-diversified firms”, Academy of Management Journal, Vol. 40 No. 4, pp. 767-798.
    • (1997) Academy of Management Journal , vol.40 , Issue.4 , pp. 767-798
    • Hitt, M.A.1    Hoskisson, R.E.2    Kim, H.3
  • 26
    • 33748713365 scopus 로고    scopus 로고
    • The importance of resources in the internationalization of professional service firms: the good, the bad, and the ugly
    • Hitt, M.A., Bierman, L., Uhlenbruck, K. and Shimizu, K. (2006), “The importance of resources in the internationalization of professional service firms: the good, the bad, and the ugly”, Academy of Management Journal, Vol. 49 No. 6, pp. 1137-1157.
    • (2006) Academy of Management Journal , vol.49 , Issue.6 , pp. 1137-1157
    • Hitt, M.A.1    Bierman, L.2    Uhlenbruck, K.3    Shimizu, K.4
  • 28
    • 85088437439 scopus 로고
    • The internationalization process of the firm: a model of knowledge development and increasing foreign market commitments
    • Johanson, J. and Vahlne, J.E. (1977), “The internationalization process of the firm: a model of knowledge development and increasing foreign market commitments”, Journal of International Business Studies, Vol. 8 No. 1, pp. 23-32.
    • (1977) Journal of International Business Studies , vol.8 , Issue.1 , pp. 23-32
    • Johanson, J.1    Vahlne, J.E.2
  • 29
    • 70649085149 scopus 로고    scopus 로고
    • The Uppsala internationalization process model revisited: from liability of foreignness to liability of outsidership
    • Johanson, J. and Vahlne, J.E. (2009), “The Uppsala internationalization process model revisited: from liability of foreignness to liability of outsidership”, Journal of International Business Studies, Vol. 40 No. 9, pp. 1411-1431.
    • (2009) Journal of International Business Studies , vol.40 , Issue.9 , pp. 1411-1431
    • Johanson, J.1    Vahlne, J.E.2
  • 30
    • 84989152170 scopus 로고
    • Multinationals diversification and the risk-return trade-off
    • Kim, C.W., Hwang, P. and Burgers, W.P. (1993), “Multinationals diversification and the risk-return trade-off”, Strategic Management Journal, Vol. 14 No. 4, pp. 275-286.
    • (1993) Strategic Management Journal , vol.14 , Issue.4 , pp. 275-286
    • Kim, C.W.1    Hwang, P.2    Burgers, W.P.3
  • 31
    • 84984730377 scopus 로고
    • An empirical analysis of the determinants of global integration
    • Kobrin, S.J. (1991), “An empirical analysis of the determinants of global integration”, Strategic Management Journal, Vol. 12 No. S1, pp. 17-37.
    • (1991) Strategic Management Journal , vol.12 , Issue.S1 , pp. 17-37
    • Kobrin, S.J.1
  • 32
    • 84984729624 scopus 로고
    • Knowledge of the firm and the evolutionary theory of the multinational corporation
    • Kogut, B. and Zander, U. (1993), “Knowledge of the firm and the evolutionary theory of the multinational corporation”, Journal of International Business Studies, Vol. 24 No. 4, pp. 625-645.
    • (1993) Journal of International Business Studies , vol.24 , Issue.4 , pp. 625-645
    • Kogut, B.1    Zander, U.2
  • 33
    • 0036004091 scopus 로고    scopus 로고
    • Multinationality and firm performance: the moderating role of R&D and marketing capabilities
    • Kotabe, M., Srinivasan, S.S. and Aulakh, P.S. (2002), “Multinationality and firm performance: the moderating role of R&D and marketing capabilities”, Journal of International Business Studies, Vol. 33 No. 1, pp. 70-98.
    • (2002) Journal of International Business Studies , vol.33 , Issue.1 , pp. 70-98
    • Kotabe, M.1    Srinivasan, S.S.2    Aulakh, P.S.3
  • 35
    • 84876455831 scopus 로고    scopus 로고
    • International diversification of manufacturing operations: performance implications and moderating forces
    • Lampel, J. and Giachetti, C. (2013), “International diversification of manufacturing operations: performance implications and moderating forces”, Journal of Operations Management, Vol. 31 No. 4, pp. 213-227.
    • (2013) Journal of Operations Management , vol.31 , Issue.4 , pp. 213-227
    • Lampel, J.1    Giachetti, C.2
  • 36
    • 0002206621 scopus 로고
    • Tobin’s Q ratio and industrial organization
    • Lindenberg, E.B. and Ross, S.A. (1981), “Tobin’s Q ratio and industrial organization”, Journal of Business, Vol. 54 No. 1, pp. 1-32.
    • (1981) Journal of Business , vol.54 , Issue.1 , pp. 1-32
    • Lindenberg, E.B.1    Ross, S.A.2
  • 37
    • 4544266333 scopus 로고    scopus 로고
    • International diversification and firm performance: the S-curve hypothesis
    • Lu, J.W. and Beamish, P.W. (2004), “International diversification and firm performance: the S-curve hypothesis”, Academy of Management Journal, Vol. 47 No. 4, pp. 598-609.
    • (2004) Academy of Management Journal , vol.47 , Issue.4 , pp. 598-609
    • Lu, J.W.1    Beamish, P.W.2
  • 38
    • 84959166350 scopus 로고    scopus 로고
    • Relazioni sistemiche tra imprenditorialità interna e gemmazione d’impresa: una ricerca empirica sulla natura cognitiva delle nuove imprese
    • Maggioni, V. and Del Giudice, M. (2011), “Relazioni sistemiche tra imprenditorialità interna e gemmazione d’impresa: una ricerca empirica sulla natura cognitiva delle nuove imprese”, Sinergie rivista di studi e ricerche, Vol. 29 No. 71, pp. 171-197.
    • (2011) Sinergie rivista di studi e ricerche , vol.29 , Issue.71 , pp. 171-197
    • Maggioni, V.1    Del Giudice, M.2
  • 41
    • 0039712780 scopus 로고    scopus 로고
    • Measuring the degree of internationalization of a firm: a comment
    • Ramaswamy, K., Kroeck, G.K. and Renforth, W. (1996), “Measuring the degree of internationalization of a firm: a comment”, Journal of International Business Studies, Vol. 27 No. 1, pp. 167-178.
    • (1996) Journal of International Business Studies , vol.27 , Issue.1 , pp. 167-178
    • Ramaswamy, K.1    Kroeck, G.K.2    Renforth, W.3
  • 43
    • 84993043332 scopus 로고    scopus 로고
    • Multinational enterprises are regional, not global
    • Rugman, A.M. and Brain, C. (2003), “Multinational enterprises are regional, not global”, Multinational Business Review, Vol. 11 No. 1, pp. 3-12.
    • (2003) Multinational Business Review , vol.11 , Issue.1 , pp. 3-12
    • Rugman, A.M.1    Brain, C.2
  • 44
    • 0242311874 scopus 로고    scopus 로고
    • A perspective on regional and global strategies of multinational enterprises
    • Rugman, A.M. and Verbeke, A. (2004), “A perspective on regional and global strategies of multinational enterprises”, Journal of International Business Studies, Vol. 35 No. 1, pp. 3-18.
    • (2004) Journal of International Business Studies , vol.35 , Issue.1 , pp. 3-18
    • Rugman, A.M.1    Verbeke, A.2
  • 45
    • 33847279338 scopus 로고    scopus 로고
    • Liabilities of regional foreignness and the use of firm-level versus country-level data: a response to Dunning et al. (2007)
    • Rugman, A.M. and Verbeke, A. (2007), “Liabilities of regional foreignness and the use of firm-level versus country-level data: a response to Dunning et al. (2007)”, Journal of International Business Studies, Vol. 38 No. 1, pp. 200-205.
    • (2007) Journal of International Business Studies , vol.38 , Issue.1 , pp. 200-205
    • Rugman, A.M.1    Verbeke, A.2
  • 46
    • 2642546411 scopus 로고    scopus 로고
    • Internationalization and performance: an organizational learning perspective
    • Ruigrok, W. and Wagner, H. (2003), “Internationalization and performance: an organizational learning perspective”, Management International Review, Vol. 43 No. 1, pp. 63-73.
    • (2003) Management International Review , vol.43 , Issue.1 , pp. 63-73
    • Ruigrok, W.1    Wagner, H.2
  • 47
    • 85013049269 scopus 로고    scopus 로고
    • Effects of international diversity and product diversity on the performance of multinational firms
    • Tallman, S. and Li, J. (1996), “Effects of international diversity and product diversity on the performance of multinational firms”, Academy of Management Journal, Vol. 39 No. 1, pp. 179-196.
    • (1996) Academy of Management Journal , vol.39 , Issue.1 , pp. 179-196
    • Tallman, S.1    Li, J.2
  • 48
    • 0342775775 scopus 로고    scopus 로고
    • Dynamic capabilities and strategic management
    • Teece, D.J., Pisano, G. and Shuen, A. (1997), “Dynamic capabilities and strategic management”, Strategic Management Journal, Vol. 18 No. 7, pp. 509-533.
    • (1997) Strategic Management Journal , vol.18 , Issue.7 , pp. 509-533
    • Teece, D.J.1    Pisano, G.2    Shuen, A.3
  • 49
    • 84897593721 scopus 로고    scopus 로고
    • Moderators on international diversification of advanced emerging market firms
    • Tsai, H.T. (2014), “Moderators on international diversification of advanced emerging market firms”, Journal of Business Research, Vol. 67 No. 6, pp. 1243-1248.
    • (2014) Journal of Business Research , vol.67 , Issue.6 , pp. 1243-1248
    • Tsai, H.T.1
  • 50
    • 34447515348 scopus 로고    scopus 로고
    • Cultural influences on service quality and customer satisfaction: evidence from Greek insurance
    • Tsoukatos, E. and Rand, G.K. (2007), “Cultural influences on service quality and customer satisfaction: evidence from Greek insurance”, Managing Service Quality: An International Journal, Vol. 17 No. 4, pp. 467-485.
    • (2007) Managing Service Quality: An International Journal , vol.17 , Issue.4 , pp. 467-485
    • Tsoukatos, E.1    Rand, G.K.2
  • 52
    • 84960669163 scopus 로고
    • International investment and international trade in the product life cycle
    • Vernon, R. (1966), “International investment and international trade in the product life cycle”, Quarterly Journal of Economics, Vol. 80 No. 2, pp. 191-207.
    • (1966) Quarterly Journal of Economics , vol.80 , Issue.2 , pp. 191-207
    • Vernon, R.1
  • 53
    • 70349621321 scopus 로고    scopus 로고
    • International marketing adaptation versus standardisation of multinational companies
    • Vrontis, D., Thrassou, A. and Lamprianou, I. (2009), “International marketing adaptation versus standardisation of multinational companies”, International Marketing Review, Vol. 26 Nos 4/5, pp. 477-500.
    • (2009) International Marketing Review , vol.26 , Issue.4-5 , pp. 477-500
    • Vrontis, D.1    Thrassou, A.2    Lamprianou, I.3
  • 54
    • 84993045814 scopus 로고
    • Overcoming the liability of foreignness
    • Zaheer, S. (1995), “Overcoming the liability of foreignness”, Academy of Management Journal, Vol. 38 No. 2, pp. 341-363.
    • (1995) Academy of Management Journal , vol.38 , Issue.2 , pp. 341-363
    • Zaheer, S.1
  • 55
    • 84890068959 scopus 로고    scopus 로고
    • Collective knowledge and organizational routines within academic communities of practice: an empirical research on science – entrepreneurs
    • Del Giudice, M., Della Peruta, M.R. and Maggioni, V. (2013), “Collective knowledge and organizational routines within academic communities of practice: an empirical research on science – entrepreneurs”, Journal of the Knowledge Economy, Vol. 4 No. 3, pp. 260-278.
    • (2013) Journal of the Knowledge Economy , vol.4 , Issue.3 , pp. 260-278
    • Del Giudice, M.1    Della Peruta, M.R.2    Maggioni, V.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.