International Business Review最新文献_第2页

Managing resource constraints through international networks: Capability development and incremental and radical innovation in emerging markets 通过国际网络管理资源约束：新兴市场中的能力发展和渐进式和激进式创新

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2026-01-05 DOI: 10.1016/j.ibusrev.2026.102557

Shufeng Xiao , Byung Il Park , Zaheer Khan

Why do some firms outperform others in technological innovation? This study addresses this question by developing a novel theoretical framework that integrates the extended resource-based view (ERBV) with the organizational capability development perspective. Specifically, we examine how two key attributes of international networks, breadth and depth, influence the development of distinct organizational capabilities: ordinary and dynamic. Using survey data from 198 Chinese manufacturing firms, we find that network breadth significantly contributes to both ordinary and dynamic capabilities, supporting incremental and radical innovations. In contrast, network depth primarily strengthens ordinary capabilities, facilitating incremental innovation but offering limited support for radical innovation. These findings suggest that network breadth is crucial for accessing diverse knowledge and resources to develop both capability types, whereas network depth plays a more specialized role in reinforcing existing capabilities. This study advances theoretical understanding and provides practical guidance for managers seeking to leverage international networks to develop both incremental and radical innovation by elucidating the relationships among international network configuration, capability development, and innovation outcomes, particularly within the resource-constrained and institutionally challenging context of an emerging economy.

为什么有些公司在技术创新上优于其他公司？本研究通过建立一个新的理论框架来解决这一问题，该框架将扩展的资源基础观点（ERBV）与组织能力发展观点相结合。具体来说，我们研究了国际网络的两个关键属性，广度和深度，如何影响不同组织能力的发展：普通和动态。利用198家中国制造企业的调查数据，我们发现网络广度对普通能力和动态能力都有显著贡献，支持渐进式创新和突破性创新。相比之下，网络深度主要增强普通能力，促进渐进式创新，但对突破性创新的支持有限。这些发现表明，网络广度对于获取多样化的知识和资源以发展两种能力类型至关重要，而网络深度在强化现有能力方面发挥更专业的作用。本研究通过阐明国际网络配置、能力发展和创新成果之间的关系，特别是在新兴经济体资源受限和制度挑战的背景下，推进了理论理解，并为寻求利用国际网络发展渐进式和突破性创新的管理者提供了实践指导。

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引用次数: 0

Navigating networks: The differential impact of government and market ties on the performance of traditionally internationalized SMEs 网络导航：政府和市场关系对传统国际化中小企业绩效的差异影响

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-12-26 DOI: 10.1016/j.ibusrev.2025.102555

Anisur R. Faroque , Peter Gabrielsson , Tomi Seppälä , Mika Gabrielsson , Jukka Partanen

Drawing on resource-dependence theory, this study investigates the relationship between international entrepreneurial orientation (IEO) and the time-lagged performance of traditionally internationalized small and medium-sized enterprises (SMEs) through their networking with external market partners and government entities. Using a sample of 243 traditionally internationalized SMEs in Finland, we examine how different types of networking influence the IEO-performance relationship. Our results reveal that government export support significantly enhances the IEO-performance link, while market networking does not contribute in the same way. Interestingly, as IEO levels rise, government networking becomes increasingly crucial for performance enhancement, while market networking holds more relevance for SMEs with lower levels of IEO. This configuration-based finding highlights the importance of aligning networking strategies with a firm’s entrepreneurial orientation. Taken together, these results provide a configuration-based explanation of how external ties shape the value of IEO. Notably, the negative moderating effect of market networking on the IEO-performance relationship becomes statistically significant only when governmental export support is included, underscoring the configuration-dependent nature of this substitution effect. The study also has practical implications for policymakers and managers, emphasizing the importance of government support for high-IEO firms and targeted market networking for those with lower IEO.

本文运用资源依赖理论，通过与外部市场伙伴和政府实体的网络化，研究了传统国际化中小企业的国际创业取向与滞后绩效之间的关系。本文以243家芬兰传统国际化中小企业为样本，研究了不同类型的网络对企业绩效关系的影响。研究结果表明，政府出口支持显著增强了企业绩效与创业绩效之间的联系，而市场网络的作用并不显著。有趣的是，随着IEO水平的提高，政府网络对绩效提升变得越来越重要，而市场网络对IEO水平较低的中小企业更为重要。这一基于配置的发现强调了将网络战略与公司的创业取向相结合的重要性。综上所述，这些结果为外部联系如何塑造IEO的价值提供了基于配置的解释。值得注意的是，只有当政府出口支持被包括在内时，市场网络对ieo -绩效关系的负调节作用才会在统计上显著，这强调了这种替代效应的配置依赖性质。该研究还对政策制定者和管理者具有实际意义，强调了政府对高IEO企业的支持和对低IEO企业的目标市场网络的重要性。

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引用次数: 0

Co-evolved value transfer: Managing subsidiary managers’ reinterpretation of headquarter values 共同演化的价值转移：管理子公司经理对总部价值观的重新诠释

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-12-20 DOI: 10.1016/j.ibusrev.2025.102553

Meng Zhao , Seung Ho Park , Marie K. Harder

Transferring headquarters’ (HQ) organizational values is crucial for multinational corporations (MNCs) to align subsidiary managers’ behavior with the global value system. However, subsidiary managers tend to reinterpret HQ values to advance local interests and agendas, potentially causing local behavior to deviate from global expectations. Drawing on a multiple-case study of value transfer activities in the Chinese subsidiaries of seven MNCs, we found that the impact of value reinterpretation on value transfer outcomes—whether constructive or destructive—depends on whether subsidiary managers, acting as either value senders or recipients, engage with one another to foster a co-evolved process of anchoring, calibrating, and accommodating value reinterpretation. This study reveals how intra-subsidiary interactions among subsidiary managers can transform value reinterpretation into a source of knowledge creation, enabling HQ values to continuously guide local behavior while adapting to local realities. Our findings also offer insights into how MNCs can reconcile competing demands in the internationalization process.

跨国公司要使子公司管理者的行为与全球价值体系保持一致，总部组织价值观的转移至关重要。然而，子公司经理往往会重新解释总部的价值观，以推进当地的利益和议程，这可能会导致当地的行为偏离全球预期。通过对七家跨国公司中国子公司价值转移活动的多案例研究，我们发现，价值重新诠释对价值转移结果的影响——无论是建设性的还是破坏性的——取决于作为价值发送者或接受者的子公司经理是否相互参与，以促进一个共同进化的过程，即锚定、校准和适应价值重新诠释。本研究揭示了子公司内部管理者之间的互动如何将价值重新诠释转化为知识创造的来源，使总部价值观在适应当地现实的同时，不断指导当地行为。我们的研究结果还为跨国公司如何在国际化过程中协调相互竞争的需求提供了见解。

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引用次数: 0

The shift to a more turbulent IB environment, and how MNEs respond to this shift 向更加动荡的IB环境的转变，以及跨国公司如何应对这种转变

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-12-12 DOI: 10.1016/j.ibusrev.2025.102538

Farok J. Contractor , John Cantwell , Gary Gereffi , Karl P. Sauvant

Since the mid-2010s, multinational enterprises (MNEs) have operated in an increasingly turbulent international business (IB) environment characterized by geoplitical frictions, trade protectionism, intensified FDI screening, and assertive techno-nationalist industrial policies. These developments mark a shift from the efficiency-driven globalization of 1980–2016 toward strategies emphasizing supply chain resilience and local responsiveness. This paper contrasts the relative stability of the neoliberal era with today’s fragmented regulatory landscape, tracing the transition from multilateralism to renewed economic nationalism. It examines how evolving industrial policies affect MNEs from advanced and emerging economies. The paper identifies adaptive responses—including reconfiguring global value chains, increasing inventories, diversifying suppliers, engaging in non-market strategies, and enhancing digital transparency. It concludes by outlining alternative trajectories for globalization: a bifurcation into hegemon-led blocs or a revival of multilateral cooperation grounded in comparative advantage, knowledge diffusion, and the enduring mutual gains from cross-border investment.

自2010年代中期以来，跨国企业（MNEs）在一个日益动荡的国际商业环境中运营，其特征是地缘政治摩擦、贸易保护主义、加强FDI筛选和坚定的技术民族主义产业政策。这些发展标志着从1980-2016年的效率驱动型全球化向强调供应链弹性和本地响应性的战略转变。本文对比了新自由主义时代的相对稳定性与当今支离破碎的监管格局，追溯了从多边主义到新经济民族主义的转变。它研究了不断变化的产业政策如何影响来自发达和新兴经济体的跨国公司。本文确定了适应性应对措施，包括重新配置全球价值链、增加库存、使供应商多样化、参与非市场战略以及提高数字透明度。报告最后概述了全球化的不同发展轨迹：分裂为霸权主导的集团，或在比较优势、知识扩散和跨境投资持久互利的基础上复兴多边合作。

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引用次数: 0

Exploring joint conformance to board independence and board gender diversity norms: An actor-centered configurational approach 探索董事会独立性和董事会性别多样性规范的共同一致性：以行动者为中心的配置方法

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-12-06 DOI: 10.1016/j.ibusrev.2025.102527

Young Un Kim , Salih Zeki Ozdemir

Although board independence and gender diversity are recognized as globally accepted good governance norms, firms’ conformance to these norms varies widely within and across countries. This variation suggests complex underlying factors. Drawing on actor-centered institutionalism, we explore how international business actors interact to shape firms’ decisions to conform to both, either one, or neither of the governance norms. Adopting a configurational approach, we analyze 4257 firms across 38 countries in 2020. Our results uncover heterogeneous combinations of institutional and firm-level factors that drive varied governance outcomes. Our findings emphasize the principle of equifinality and asymmetry, demonstrating that multiple configurations can lead to similar governance outcomes and factors affecting conformance are not necessarily the same factors affecting non-conformance. These findings further highlight the power dynamics of multiple actors co-existing at institutional and firm levels, which simultaneously affect the willingness and ability of firms to conform. This study contributes to the comparative governance literature by illustrating how shareholders, labor, state, and society-at-large actors interact to shape diverse configurations of conformance responses across and within institutions. Moreover, we stress the agentic roles of firms and their owners (i.e., family and state ownership) in conjunction with other institutional actors, emphasizing their interconnected influence on governance practices within broader international business trends. Furthermore, our results challenge the notion of a universal governance model by showing the potential trade-off between the two good governance norms through a joint analysis. Finally, we contribute to discussions on governance norm diffusion by demonstrating that the adoption of good governance practices is an ongoing process. Not all firms are influenced in the same way by global pressures.

虽然董事会独立性和性别多样性被公认为全球公认的良好治理规范，但公司对这些规范的遵守在各国内部和各国之间存在很大差异。这种差异表明了复杂的潜在因素。利用以行为者为中心的制度主义，我们探讨了国际商业行为者如何相互作用，以塑造公司的决策，以符合这两种治理规范，或者其中之一，或者两者都不符合。采用配置方法，我们对2020年38个国家的4257家公司进行了分析。我们的研究结果揭示了驱动不同治理结果的制度和公司层面因素的异质组合。我们的研究结果强调了平等和不对称的原则，表明多种配置可以导致相似的治理结果，影响一致性的因素不一定是影响不一致性的相同因素。这些发现进一步强调了在制度和企业层面上共存的多个行动者的权力动态，这同时影响了企业的顺应意愿和能力。本研究通过说明股东、劳工、国家和整个社会参与者如何相互作用以形成机构内外不同的一致性响应配置，为比较治理文献做出了贡献。此外，我们强调公司及其所有者（即家族和国家所有权）与其他机构行为者共同发挥的代理作用，强调它们在更广泛的国际商业趋势中对治理实践的相互影响。此外，我们的结果通过联合分析显示了两种良好治理规范之间的潜在权衡，从而挑战了通用治理模型的概念。最后，通过证明采用良好的治理实践是一个持续的过程，我们对治理规范扩散的讨论做出了贡献。并非所有公司都以同样的方式受到全球压力的影响。

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引用次数: 0

Strategic sensemaking as dynamic capability: How MNEs navigate institutional challenges in Sub-Saharan Africa 作为动态能力的战略意义：跨国公司如何应对撒哈拉以南非洲的制度挑战

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-11-28 DOI: 10.1016/j.ibusrev.2025.102534

Charles Mbalyohere , Thomas Lawton

We examine how multinational enterprises (MNEs) employ contestable nonmarket strategies as political sense-making mechanisms to navigate institutionally fragmented environments in sub-Saharan Africa. Our contribution reconceptualizes sensemaking as a dynamic, political capability that enables proactive adaptation rather than mere cognitive interpretation. Through qualitative analysis of MNEs operating across multiple African markets, we demonstrate how firms strategically leverage duplicity, risk tolerance, social engagement, home support, and anticipatory embeddedness strategies to navigate institutional ambiguity. We integrate sensemaking with the dynamic capabilities framework, showing how sensing, seizing, and reconfiguring operate not only in market-facing strategies but in politically charged institutional arenas. Our findings illustrate how oscillatory and seemingly contradictory behaviors, such as simultaneous rule compliance and circumvention, serve as deliberate tools of strategic adaptation. We offer a novel theorization of how MNEs leverage ambiguity to build a competitive advantage in complex host environments.

我们研究了跨国企业（MNEs）如何采用可竞争的非市场战略作为政治意义制定机制，以应对撒哈拉以南非洲制度碎片化的环境。我们的贡献重新定义了语义作为一个动态的，政治的能力，使主动适应，而不仅仅是认知解释。通过对在多个非洲市场运营的跨国公司的定性分析，我们展示了公司如何在战略上利用两面性、风险承受能力、社会参与、家庭支持和预期嵌入策略来应对制度模糊性。我们将感知与动态能力框架整合在一起，展示感知、抓住和重新配置如何不仅在面向市场的战略中运作，而且在充满政治色彩的制度领域中运作。我们的研究结果说明了振荡和看似矛盾的行为，如同时遵守规则和规避规则，如何成为战略适应的深思熟虑的工具。我们提供了一个新的理论，跨国公司如何利用模糊性在复杂的主机环境中建立竞争优势。

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引用次数: 0

Subsidiary strategy in the modern multinational: Grappling with change and complexity 现代跨国公司的子公司战略：应对变化和复杂性

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-11-28 DOI: 10.1016/j.ibusrev.2025.102536

Ulf Andersson , Paul Ryan , Majella Giblin , Edward Gillmore

This perspective article calls for a conceptual reset of subsidiary strategy research, addressing the fragmentation and semantic ambiguity that have diluted its theoretical coherence. We trace the field’s evolution from static role typologies to dynamic, capability- and knowledge-based views that recognize subsidiaries as active strategists within multinational enterprises (MNEs). In today’s world of deglobalization, geopolitical tension, and technological disruption, we re-anchor subsidiary strategy in the core principles of strategy, where deliberate and emergent choices, the configuration of activities, and the pursuit of sustained advantage are adapted to the MNE’s internal competitive arena. We advance an integrative framework highlighting identity, legitimacy, subsidiary leadership agency and non-market engagement as complementary factors influencing subsidiary strategic trajectories. We propose a future research agenda emphasizing processual, longitudinal, and microfoundational approaches to explain how subsidiaries build influence, reconfigure mandates, and secure survival within evolving global value chains.

这篇前瞻性文章呼吁对附属战略研究进行概念重置，解决削弱其理论连贯性的碎片化和语义歧义问题。我们追溯了该领域的演变，从静态角色类型学到动态的、基于能力和知识的观点，这些观点将子公司视为跨国企业（MNEs）中的活跃战略家。在当今去全球化、地缘政治紧张和技术颠覆的世界中，我们将子公司战略重新锚定在战略的核心原则中，其中深思熟虑的和紧急的选择、活动的配置以及对持续优势的追求都适应了跨国公司的内部竞争舞台。我们提出了一个综合框架，强调身份、合法性、子公司领导机构和非市场参与是影响子公司战略轨迹的互补因素。我们提出了一个未来的研究议程，强调过程、纵向和微观基础方法，以解释子公司如何在不断发展的全球价值链中建立影响力、重新配置任务和确保生存。

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引用次数: 0

Why regional economic agreements matter more than multilateral and bilateral agreements: Evidence from trade and investment in East Asia 为什么区域经济协定比多边和双边协定更重要：来自东亚贸易和投资的证据

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-11-25 DOI: 10.1016/j.ibusrev.2025.102525

Der-Ting Huang

International economic agreements—classified as multilateral, regional, and bilateral—mitigate institutional barriers that firms face when engaging in cross-border business. Such agreements facilitate cross-border business by providing safeguards, but variations in their safeguarding quality are evident. Building on new institutional economics and regionalization literature, this paper brings the regional dimension to institutional analysis, suggesting that regional agreements are higher quality than other types. I theorize that regional economic agreements involve greater safeguarding advantages for enhancing trade and FDI, in comparison to multilateral and bilateral economic agreements. I further propose that their relative strengths are more pronounced in countries with low institutional quality than in those with high institutional quality. Using panel data on trade and FDI relationships in Asia from 2000 to 2016, the results corroborate the hypotheses, highlighting that regional agreements define regional borders that matter to foreign transactions, which contributes to research on the nexus between regions and international business.

国际经济协定——分为多边、区域和双边——减轻了企业在从事跨境业务时面临的制度障碍。此类协议通过提供保障措施来促进跨境业务，但其保障质量的差异是显而易见的。本文在新制度经济学和区域化文献的基础上，将区域维度引入制度分析，认为区域协议的质量高于其他类型协议。我的理论是，与多边和双边经济协定相比，区域经济协定在促进贸易和外国直接投资方面具有更大的保障优势。我进一步提出，它们的相对优势在制度质量较低的国家比在制度质量较高的国家更为明显。使用2000年至2016年亚洲贸易和外国直接投资关系的面板数据，结果证实了假设，强调区域协议定义了对对外交易至关重要的区域边界，这有助于研究区域与国际商业之间的关系。

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引用次数: 0

The impact of US and China geopolitical risk on foreign direct investment in Latin America 中美地缘政治风险对拉美外商直接投资的影响

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-11-21 DOI: 10.1016/j.ibusrev.2025.102533

Henrique Correa da Cunha , Vikkram Singh , Mohamed Amal , Carlyle Farrell , Shivanie Mangal , Glaucia Grellmann

We examine the impacts of the US and the Chinese geopolitical risk (GPR) on foreign direct investment (FDI) inflows in Latin America (LATAM) from 2000 to 2022, focusing on how bilateral trade and escalating US-China tensions (UCT) moderate these effects. LATAM’s neutrality in major geopolitical conflicts makes it an ideal region for analyzing indirect GPR effects. US and China's GPR may not directly impact LATAM's GPR levels but can create indirect spillovers affecting the FDI flows in the region through economic ties and escalating global tensions, particularly between the US and China. The findings reveal distinct spillover patterns. US GPR negatively impacts FDI in LATAM due to geographic proximity, while the positive impact of China GPR suggests a dynamic of risk-diversification-driven FDI inflows to LATAM. Higher bilateral trade with China turns the impact of Chinese GPR on FDI negative, while trade with the US amplifies the negative effect of US GPR. At high UCT levels, both US and Chinese GPR reduce FDI in LATAM, whereas at low UCT levels, their impact turns positive, highlighting the role of bilateral trade and UCT as key factors in shaping the impact of GPR spillovers from the US and China to FDI inflows in LATAM. Furthermore, GPR deters US FDI but not Chinese FDI, highlighting how firms' responses to geopolitical risk vary based on strategic priorities, risk tolerance, and state involvement. We contribute to the GPR literature by demonstrating that even regions distant from direct geopolitical conflicts remain vulnerable due to economic interconnections and global ripple effects. The findings provide key insights for policymakers and investors, highlighting the need for proactive strategies to mitigate geopolitical risks.

我们研究了2000年至2022年美国和中国地缘政治风险（GPR）对拉丁美洲（LATAM）外国直接投资（FDI）流入的影响，重点关注双边贸易和不断升级的美中紧张局势（UCT）如何缓和这些影响。拉丁美洲在重大地缘政治冲突中的中立地位使其成为分析探地雷达间接影响的理想地区。美国和中国的探地雷达可能不会直接影响拉丁美洲的探地雷达水平，但可能通过经济联系和不断升级的全球紧张局势（特别是美国和中国之间的紧张局势），产生间接溢出效应，影响该地区的外国直接投资流动。研究结果揭示了不同的溢出模式。由于地理位置接近，美国探地雷达对拉美地区的FDI产生了负面影响，而中国探地雷达的积极影响表明，风险多元化驱动的FDI流入拉美地区。与中国较高的双边贸易使中国GPR对FDI的负面影响变为负值，而与美国的贸易则放大了美国GPR的负面影响。在高UCT水平下，美国和中国的GPR都减少了拉丁美洲的FDI，而在低UCT水平下，它们的影响变为积极的，突出了双边贸易和UCT作为塑造中美两国GPR溢出效应对拉丁美洲FDI流入影响的关键因素。此外，GPR阻碍了美国的FDI，而不是中国的FDI，这突出了企业对地缘政治风险的反应如何根据战略优先级、风险承受能力和国家参与而有所不同。我们通过证明即使远离直接地缘政治冲突的地区由于经济相互联系和全球连锁反应仍然脆弱，从而为探地雷达文献做出了贡献。研究结果为政策制定者和投资者提供了重要见解，强调了采取积极主动的战略来减轻地缘政治风险的必要性。

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引用次数: 0

Home-country effects of outward foreign direct investment: A systematic review of empirical and policy evidence 对外直接投资的母国效应：对经验和政策证据的系统回顾

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review

Pub Date : 2025-11-21 DOI: 10.1016/j.ibusrev.2025.102529

Jan Knoerich , Daniel Benson

This article offers a first aggregated insight on the merits and risks of outward foreign direct investment (OFDI) for the economies and development of home countries, based on a systematic review of 130 empirical studies. The review finds strong evidence for the prevalence of eight home-country effects, with 71 % of studies reporting a positive impact on home countries. Several influencing factors were found to affect the magnitude of these effects. We also find that many governments facilitate OFDI through home-country measures, suggesting that they consider OFDI to be beneficial. Yet, this is a latecomer area of inquiry, with some effects under- or not investigated, and the impact of home-country measures has yet to be conclusively studied. A reversed analytical perspective focusing on OFDI as an activity aimed at generating financial and other worthwhile and beneficial returns that manifest themselves as home-country effects can considerably enrich FDI research.

本文在对130项实证研究进行系统回顾的基础上，首次对对外直接投资（OFDI）对母国经济和发展的利弊进行了综合分析。该综述发现了强有力的证据，证明八种母国效应普遍存在，71%的研究报告对母国产生了积极影响。几个影响因素被发现影响这些影响的程度。我们还发现，许多政府通过母国措施促进对外直接投资，这表明他们认为对外直接投资是有益的。然而，这是一个较晚的研究领域，有些影响没有得到调查或没有得到调查，而母国措施的影响还有待最后研究。将对外直接投资作为一种旨在产生财政和其他有价值和有益回报的活动，并将其表现为母国效应，以一种相反的分析观点来关注，可以大大丰富对外直接投资研究。

引用次数: 0