Firm resources, cultural distance and simultaneous international expansion in the retail sector
Firm resources, cultural distance and simultaneous international expansion in the retail sector
复制标题
零售业的公司资源、文化距离和同步国际扩张
DOI:
10.1016/j.ibusrev.2017.05.010
复制
发表时间:
2018
影响因子:
8.7
通讯作者:
G. Batsakis
中科院分区:
文献类型:
--
作者:
A. Mohr;G. Batsakis
Despite the fact that many firms simultaneously expand into multiple new markets, we know very little about why firms choose this type of international expansion instead of sequentially entering new markets. Drawing on the resource-based view (RBV) we argue that in order to engage in simultaneous international expansion firms have to be able to draw on intangible assets, be financially strong, and have international experience that will enable them to reduce and/or shoulder the strains on managerial resources, time compression diseconomies and costs of simultaneously entering multiple new overseas markets. We further expect the strength of these associations to be moderated by the cultural distance between a firm’s home country and newly entered countries. Our analysis of the international expansion of the sales operations of 102 retailers over the period 2003–2012, during which these retailers sequentially or simultaneously entered into a total 836 overseas markets, largely supports our hypotheses. Our study underlines the usefulness of the RBV for understanding simultaneous international expansion as an important phenomenon that has received only scant scholarly attention to date.