The impact of information and communication technology adoption on multinational firm boundary decisions
The impact of information and communication technology adoption on multinational firm boundary decisions
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DOI：
10.1057/jibs.2016.6
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发表时间：
2016-06-01
影响因子：
11.6
通讯作者：
Kamal, Fariha
中科院分区：
文献类型：
--
作者：
Chen, Wenjie;Kamal, Fariha
本文评估了采用互联网信息和通信技术（ICT 采用）对跨国企业（MNE）跨国界生产重组决策（国外边界决策）的影响。使用交易成本框架，我们认为信息通信技术的采用通过降低公司内部和外部的协调成本来影响国外边界决策。我们认为，技术特征的异质性，即复杂性和生产过程的可编码程度，可以缓和这种影响。使用差异-无差异方法并利用美国人口普查局机密微观数据的丰富性，我们发现整体信息通信技术的采用与内部生产的可能性更大呈正相关，这可以通过公司内部贸易份额的增加来衡量。此外，我们发现更复杂的信息通信技术形式与公司内部贸易份额的更大增长相关。最后，我们的结果表明，生产规格更容易以电子格式编码的行业中的跨国企业在采用信息通信技术后参与公司内部交易的可能性较小。
This article evaluates the effect of adopting Internet-enabled information and communication technology (ICT adoption) on the decision to reorganize production across national borders (foreign boundary decision) by multinational enterprises (MNEs). Using a transaction cost framework, we argue that ICT adoption influences foreign boundary decisions by lowering coordination costs both internally and externally for the firm. We propose that the heterogeneity in the technology's characteristics, namely complexity and the production processes' degree of codifiability, moderate this influence. Using a difference-indifferences methodology and exploiting the richness of confidential US Census Bureau microdata, we find that overall ICT adoption is positively associated with greater likelihood of in-house production, as measured by increases in intra-firm trade shares. Furthermore, we find that more complex forms of ICT are associated with larger increases in intra-firm trade shares. Finally, our results indicate that MNEs in industries in which production specifications are more easily codified in an electronic format are less likely to engage in intra-firm relative to arm's length trade following ICT adoption.