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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 Pub Date : 2026-04-01 Epub 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
Multinationality of family firms: The impact of business group affiliation 家族企业的多国性:企业集团隶属关系的影响
IF 6.1 1区 管理学 Q1 BUSINESS Pub Date : 2026-04-01 Epub Date: 2026-01-05 DOI: 10.1016/j.ibusrev.2025.102556
Arindam Mondal , Somnath Lahiri
This study investigates whether and how business group (BG)-affiliation impacts multinationality of family firms. Drawing on the resource-based and socioemotional wealth (SEW) perspectives, we theorize that BG-affiliated family firms conduct greater multinationality compared to standalone family firms. We further theorize that affiliated firms, compared to their standalone counterparts, exhibit greater preference for developing economies to locate their wholly-owned subsidiaries. In addition, we argue that within affiliated firms those which belong to BGs that possess higher professionalization demonstrate preference for developed economy locations compared to the affiliates whose BGs possess lower professionalization. Finally, we theorize that similar preference for developed economy locations is exhibited by affiliated firms whose BGs possess higher internationalization compared to the affiliates whose BGs possess lower internationalization. Our analysis of a sample of Indian family firms provides support to our hypotheses and illustrates that heterogeneity at two levels (firm and BG) should be considered to fully comprehend family firm’s multinationality.
本研究旨在探讨企业集团隶属关系对家族企业多国性的影响。根据资源基础和社会情感财富(SEW)的观点,我们认为与独立的家族企业相比,bg下属的家族企业具有更高的多国性。我们进一步推论,与独立公司相比,关联公司更倾向于在发展中经济体设立其全资子公司。此外,我们认为关联方中,专业化程度较高的关联方比专业化程度较低的关联方更倾向于发达经济体所在地。最后,我们的理论表明,与国际化程度较低的关联方相比,国际化程度较高的关联方对发达经济体区位的偏好相似。我们对印度家族企业样本的分析为我们的假设提供了支持,并说明要充分理解家族企业的多国性,应该考虑两个层面(公司和BG)的异质性。
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引用次数: 0
Multinational enterprises’ subsidiary density and subsidiary survival: An attention-based perspective 跨国企业子公司密度与子公司生存:一个基于注意力的视角
IF 6.1 1区 管理学 Q1 BUSINESS Pub Date : 2026-04-01 Epub Date: 2026-01-14 DOI: 10.1016/j.ibusrev.2026.102561
Ha Nguyen, Vikrant Shirodkar
Multinational enterprises (MNEs) often develop an extensive network of foreign subsidiaries within a host country. However, due to the limited attention capacity of managers at MNE headquarters (HQ), the degree to which each subsidiary in such a host market receives positive attention from the HQ is constrained. Our paper adopts the attention-based view to argue that greater subsidiary density of a focal MNE in a host market increases subsidiary mortality propensities. Additionally, we argue that this effect is moderated by important attention regulators such as the subsidiary's relatedness to the MNE HQ, the order of the subsidiary’s entry into the host market, and the subsidiary’s establishment mode. We test our hypotheses using a sample of 1718 foreign subsidiaries of 255 Finnish MNEs operating in 70 host countries. Overall, our paper contributes to the literature by conceptualising MNE-subsidiary density as an attention-based construct and studying its impact on subsidiary mortality.
跨国企业(MNEs)往往在东道国发展广泛的外国子公司网络。然而,由于跨国公司总部管理人员的关注能力有限,每个子公司在这样一个东道国市场得到总部积极关注的程度是有限的。本文采用基于注意力的观点认为,重点跨国公司在东道国市场的子公司密度越大,子公司死亡率倾向就越大。此外,我们认为这种影响受到重要的关注调节因素的调节,如子公司与跨国公司总部的关系、子公司进入东道国市场的顺序和子公司的建立模式。我们使用在70个东道国经营的255家芬兰跨国公司的1718家外国子公司的样本来检验我们的假设。总的来说,我们的论文通过将跨国公司子公司密度概念化为一个基于注意力的结构并研究其对子公司死亡率的影响,为文献做出了贡献。
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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 Pub Date : 2026-03-01 Epub 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 Pub Date : 2026-03-01 Epub 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 Pub Date : 2026-02-01 Epub 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
Exploring one of the darker sides of expatriation: Chinese expatriates' experiences with petty corruption in Tanzania 探索移居国外的阴暗面:中国侨民在坦桑尼亚的轻微腐败经历
IF 6.1 1区 管理学 Q1 BUSINESS Pub Date : 2026-02-01 Epub Date: 2025-11-17 DOI: 10.1016/j.ibusrev.2025.102530
Chengcheng Miao , Chris Brewster
Drawing on institutional isomorphism and Bourdieu’s concept of capital, this ethnographic study provides a comprehensive examination of how institutional pressures interact with individual capital (linguistic, cultural and social) to shape expatriates’ behaviours in dealing with local petty corruption practices. We find that coercive isomorphism is often intensified by a lack of local linguistic capital, mimetic isomorphism is reinforced by uncertainty in a foreign environment, and normative isomorphism is shaped by norms and expectations originating from both the host and home countries, rather than being solely rooted in the local environment. Our findings highlight the critical role of individual capital as a moderator of institutional responses. By bridging macro-level neo-institutional theory and micro-level practices, this study deepens our understanding of how expatriates’ behaviour is shaped by both broader institutional environments and the personal resources they bring to their host country.
利用制度同构和布迪厄的资本概念,这项民族志研究全面考察了制度压力如何与个人资本(语言、文化和社会)相互作用,从而塑造外籍人士在处理当地轻微腐败行为时的行为。我们发现,强制同构往往因缺乏当地语言资本而加剧,模仿同构因外国环境的不确定性而加强,规范同构是由来自东道国和母国的规范和期望形成的,而不仅仅是根植于当地环境。我们的研究结果强调了个人资本作为机构反应调节因子的关键作用。通过将宏观层面的新制度理论与微观层面的实践相结合,本研究加深了我们对外派人员行为如何受到更广泛的制度环境和他们带到东道国的个人资源的影响的理解。
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引用次数: 0
The predictive power of agency theory in a multipolar world 多极世界中代理理论的预测能力
IF 6.1 1区 管理学 Q1 BUSINESS Pub Date : 2026-02-01 Epub Date: 2025-11-07 DOI: 10.1016/j.ibusrev.2025.102526
Vincent E. Kunst , Sjoerd Beugelsdijk
We use comparative institutional theory to explore the predictive power of agency theory against the background of the emerging multipolar world characterized by an increasing distance between institutional systems. Originally developed in the liberal market economy context, agency theory presents managerial ownership and board independence as critical managerial practices to mitigate agency problems. Our analysis at the level of institutional systems of 26,945 firms across 39 countries over a period of 14 years (2009–2022) shows that the predictive power of agency theory is reduced when firms operate in institutional systems at a larger distance from the liberal market economy model. These results are corroborated using propensity score matching methods and cross-validated with an alternative database. We integrate institutional distance research with the theory on comparative institutional systems that have so far mostly operated in silos. The broader implication of our analysis is that the emergence of the multipolar world affects the universal applicability of agency theory and makes it more context-specific. The fundamental idea that the predictive power of our theories is affected by the current global economic developments is an aspect that has so far been overlooked in the de-globalization discussion. We discuss implications for international business scholarship.
本文运用比较制度理论探讨了在制度体系之间距离日益扩大的多极世界背景下,代理理论的预测能力。代理理论最初是在自由市场经济背景下发展起来的,它将管理层所有权和董事会独立性作为缓解代理问题的关键管理实践。我们在制度体系层面对39个国家的26945家企业进行了为期14年(2009-2022年)的分析,结果表明,当企业在制度体系中运营时,与自由市场经济模型的距离越大,代理理论的预测能力就会降低。这些结果被证实使用倾向评分匹配方法和交叉验证与替代数据库。我们将制度距离研究与迄今为止大多孤立运作的比较制度系统理论相结合。我们分析的更广泛含义是,多极世界的出现影响了代理理论的普遍适用性,并使其更具情境特异性。我们理论的预测能力受到当前全球经济发展的影响这一基本观点,是迄今为止在去全球化讨论中被忽视的一个方面。我们讨论了对国际商业奖学金的影响。
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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 Pub Date : 2026-02-01 Epub 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
International high-tech cross-border acquisitions and long-term employment growth in foreign target firms: Are EMNEs catching up by hiring in foreign technological clusters? 跨国高科技收购和外国目标公司的长期就业增长:EMNEs是否通过在外国技术集群中招聘来迎头赶上?
IF 6.1 1区 管理学 Q1 BUSINESS Pub Date : 2026-02-01 Epub Date: 2025-09-11 DOI: 10.1016/j.ibusrev.2025.102507
Ludan Wu , Dylan Sutherland , John R. Anderson
Do emerging market (E)MNEs, compared with developed market (D)MNEs, engage in more post-acquisition hiring when acquiring foreign high-tech firms? Drawing on the concepts of ‘home base augmentation’ and ‘catching up by hiring’ and extending them to high-tech cross-border M&As, we argue that EMNEs use post-acquisition hiring to access knowledge and embed themselves in world leading innovation networks to build innovation related dynamic capabilities. Using a large, matched sample of cross-border acquisitions, we find that EMNE acquisitions are associated with significantly higher post-acquisition employment growth than DMNE acquisitions. This effect is especially strong when targets are located in developed market technological clusters. These findings suggest that employment growth is not merely a by-product of acquisition, but a deliberate strategy through which EMNEs develop technological capabilities.
与发达市场(D)的跨国公司相比,新兴市场(E)的跨国公司在收购外国高科技公司时,是否会有更多的收购后招聘?借鉴“基地扩张”和“通过雇佣赶超”的概念,并将其扩展到高科技跨国并购,我们认为,EMNEs利用收购后招聘来获取知识,并将自己嵌入世界领先的创新网络,以建立与创新相关的动态能力。通过对跨境收购的大型匹配样本进行分析,我们发现EMNE收购与收购后就业增长显著高于DMNE收购。当目标位于发达市场技术集群时,这种效应尤其强烈。这些发现表明,就业增长不仅仅是收购的副产品,而是EMNEs发展技术能力的一种深思熟虑的战略。
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引用次数: 0
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International Business Review
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