Internationalization performance of Chinese multinational companies in the developed markets

This study investigates the relationship between prior cooperation experience with partners from the developed markets and internationalization performance of emerging multinational companies. Based on the knowledge-based view, this study sheds light on the crucial role of knowledge base, organizati...

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Bibliographic Details
Published in:Journal of business research 2013-12, Vol.66 (12), p.2479-2484
Main Authors: Zhong, Weiguo, Peng, Jisheng, Liu, Chunlin
Format: Article
Language:English
Subjects:
China
Cooperation
Cooperation experience
Economic performance
Emerging multinational companies
Experimental methods
Globalization
Host country
Internationalization
Internationalization performance
Knowledge acquisition
Knowledge management
Multinational corporations
Multinational enterprises
Organizational behaviour
Organizational learning
Studies
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Summary:This study investigates the relationship between prior cooperation experience with partners from the developed markets and internationalization performance of emerging multinational companies. Based on the knowledge-based view, this study sheds light on the crucial role of knowledge base, organizational learning in the home country, and acquisition possibility of knowledge in the host country. Employing a sample of Chinese international firms, this study demonstrates that international experience accumulated by learning through linkage with partners from the developed markets improves the performance of companies from the emerging market. Organizational learning in the home country and acquisition possibility of knowledge in the host country moderate the effect of international experience. The implications of these findings for theoretical development and future research are discussed.
ISSN:0148-2963
1873-7978
DOI:10.1016/j.jbusres.2013.05.038