Past Interactions and New Foreign Direct Investment Location Decisions

被引:10
|
作者
Rose, Elizabeth L. [1 ]
Ito, Kiyohiko [2 ]
机构
[1] Helsinki Sch Econ, Dept Mkt & Management, Helsinki, Finland
[2] Univ Hawaii Manoa, Dept Management, Shidler Coll Business, Honolulu, HI 96822 USA
关键词
Oligopolistic reaction; Firm-specific interactions; Multimarket competition; Pioneer vs. late-mover; FDI; MULTINATIONAL-ENTERPRISE; MULTIMARKET CONTACT; FIRM; DIFFERENTIATION; COMPETITION; PATTERNS; INDUSTRY; MARKETS; TIRE;
D O I
10.1007/s11575-009-0010-y
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Analyzing the nature of competitive interaction among multinational firms in the tire industry, we find that the histories of the interactions between particular rivals matter. The decision to enter a new foreign market in the era of global consolidation is related to the identities of rivals in the market, characteristics of the firm and the market, and the extent of past competitive interactions with the international pioneering firm. Results suggest that, in an oligopolistic environment, aspects of multimarket competition are important to foreign direct investment decisions.
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页码:641 / 669
页数:29
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