Coping with Liability of Foreignness


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Coping with Liability of Foreignness

Vis færre oplysninger Petersen, Bent en_US Pedersen, Torben en_US 2009-02-04T10:25:24Z 2009-02-04T10:25:24Z 2001-09-19T00:00:00Z en_US
dc.description.abstract Much has been written about how international firms create and sustain firm-specific advantages that offset their liability of foreignness. Less attention has been devoted the question of how international firms can reduce their liability of foreignness. Looking for different paths of learning our study explores the dynamics of firms’ liability of foreignness. A sample of 494 international firms from Sweden, Denmark and New Zealand is clustered along three structural dimensions of liability of foreignness: (1) perceived lack of knowledge about the foreign market, (2) the longevity of operations in the foreign market, and (3) international experience of the entrant firm. The four clusters that precipitate represent different learning path positions. One group of firms can be identified as pre-entry learners, another group as post-entry learners. A minor group of firms is characterized by perceiving a persistent lack of knowledge about the foreign market they are operating in. One might speculate if these firms engage in any learning about the foreign business environment. Furthermore, the data suggest that firms with extensive international experience are more capable in familiarizing with the foreign business environment than are firms with little international experience. en_US
dc.format.extent 32 s. en_US
dc.language eng en_US
dc.relation.ispartofseries LINK Working paper;2001-11 en_US
dc.subject.other virksomhedens konkurrenceevne en_US
dc.subject.other multinationale selskaber en_US
dc.subject.other industriøkonomi en_US
dc.subject.other virksomhedens internationalisering en_US
dc.title Coping with Liability of Foreignness en_US
dc.type wp en_US
dc.accessionstatus KAT01sep19 inru en_US
dc.contributor.corporation Copenhagen Business School. CBS
dc.contributor.department Institut for International Økonomi og Virksomhedsledelse en_US
dc.contributor.departmentshort INT
dc.contributor.departmentuk Department of International Economics and Management en_US
dc.contributor.departmentukshort INT
dc.idnumber x656100922 en_US København en_US
dc.publisher.year 2001 en_US
dc.title.subtitle Different Learning Paths en_US

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