The Influence of Host Country Experience on Backward Venturing
The Influence of Host Country Experience on Backward Venturing
复制标题
东道国经验对后向创业的影响
DOI：
10.1080/15475778.2014.869460
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发表时间：
2014
影响因子：
--
通讯作者：
Lailani Alcantara
中科院分区：
文献类型：
--
作者：
Yasuo Hoshino;Lailani Alcantara
本研究认为，随着国际合资企业（IJVs）的经营独特性和复杂性的增加与后向风险投资，东道国的经验，外国公司可能是有益的，甚至有害的IJVs的业绩。为了支持这一论点，我们的分析使用的数据在日本的合资企业表明，当合资企业与后向风险投资，东道国的经验异质性和东道国的经验在减少合资企业的失败率的影响减少，而更多的东道国的经验以外的合资企业增加合资企业的失败率。
This study argues that with the increased operational uniqueness and complexity of international joint ventures (IJVs) associated with backward venturing, the host country experience of foreign firms may be less beneficial or even harmful to IJV performance. In support of this argument, our analysis using data on IJVs in Japan shows that when IJVs are associated with backward venturing, the effect of host country experience heterogeneity and host country experience within the IJV industry on reducing IJV failure rates decreases, while greater host country experience outside the IJV industry increases the IJV failure rates.