Journal of World Business最新文献

英文中文

Leveraging demand-side strategies on the digital platform for global success: The role of innovation speed in non-digital participant firms' internationalization 利用数字化平台上的需求侧战略实现全球成功：创新速度在非数字化参与企业国际化中的作用

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-08-01 Epub Date: 2025-07-08 DOI: 10.1016/j.jwb.2025.101661

Yihui Liu , Yi Li , Aiqi Wu , Vikas Kumar

While the impact of digital platforms on firms’ international performance has become a topic of interest in the international business literature, few studies examine the mechanisms underlying this effect. We draw upon the demand-side perspective to investigate how non-digital participant firms’ demand-side strategies on the digital platform facilitate their international performance, using firms’ innovation speed as a mediator. Utilizing a sample of 3816 Chinese manufacturing firms participating in platforms to internationalize, we find that demand-driven interaction, one demand-side strategy on the digital platform, fosters international performance improvements for non-digital participant firms through facilitating innovation speed; and the benefits of demand-driven interaction in driving innovation speed are more pronounced when firms belong to industries in which there are fewer foreign firms in the home country. Our study adds to current understanding of international business on digital platforms, as well as contributing to studies that apply a demand-side perspective in international business research.

虽然数字平台对企业国际绩效的影响已成为国际商业文献中感兴趣的话题，但很少有研究考察这种影响的机制。我们利用需求侧视角，以企业创新速度为中介，研究非数字化参与者企业在数字平台上的需求侧战略如何促进其国际绩效。利用3816家参与国际化平台的中国制造企业的样本，我们发现需求驱动的互动是数字平台上的一种需求侧战略，通过促进创新速度，促进了非数字化参与者企业的国际绩效提升；当企业所在的行业在本国的外国企业较少时，需求驱动的互动在推动创新速度方面的好处更为明显。我们的研究增加了当前对数字平台上国际商业的理解，并有助于在国际商业研究中应用需求侧视角的研究。

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引用次数: 0

Female entrepreneurs and international entry mode choice: Evidence from entrepreneurial firms in China 女性企业家与国际进入模式选择：来自中国创业型企业的证据

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-08-01 Epub Date: 2025-05-31 DOI: 10.1016/j.jwb.2025.101650

Jongsoo Kim , Yeongsu Anthony Kim , Li-Qun Wei , Gaoguang Zhou

Female entrepreneurs in emerging economies encounter various obstacles in pursuing global expansion; thus, research on how to overcome these difficulties and achieve successful internationalization is needed. This study examines the impacts of two factors, namely political affiliation and family involvement in entrepreneurial firms, on female entrepreneurs’ choice of foreign market entry mode. By analyzing comprehensive survey data from the venture firms in China, we uncover the relationships between these factors and the inclination to select higher commitment entry modes. Our findings reveal that female entrepreneurs with a higher level of political affiliation are likely to opt for a higher commitment foreign market entry mode. Likewise, those with greater family involvement demonstrate a preference for higher commitment entry modes. Furthermore, our study reveals the complex interplay between the resources and financial constraints. Political affiliations complement financial resources, increasing the likelihood of higher commitment entries. In contrast, family involvement acts as a substitute when financial resources are limited. This study sheds light on the diverse resources that female entrepreneurs rely on and how these resources, either independently or interactively, influence these entrepreneurs’ international entry mode choices. These findings contribute to a deeper understanding of the unique challenges and internationalization of female entrepreneurship in emerging economies.

新兴经济体的女性企业家在寻求全球扩张时遇到各种障碍；因此，需要研究如何克服这些困难，实现成功的国际化。本研究考察了创业公司政治派别和家族参与两个因素对女企业家国外市场进入模式选择的影响。通过对中国风险投资公司的综合调查数据进行分析，揭示了这些因素与风险投资公司倾向于选择高承诺进入模式之间的关系。我们的研究结果表明，政治派别水平越高的女性企业家越可能选择承诺更高的国外市场进入模式。同样，那些家庭参与程度较高的人表现出对更高承诺进入模式的偏好。此外，我们的研究揭示了资源和财务约束之间复杂的相互作用。政治派别补充了财政资源，增加了更高承诺的可能性。相比之下，当财政资源有限时，家庭参与起着替代作用。本研究揭示了女性企业家所依赖的多样化资源，以及这些资源是如何独立或互动地影响女性企业家的国际进入模式选择的。这些发现有助于更深入地了解新兴经济体中女性创业的独特挑战和国际化。

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引用次数: 0

Divorce or temporary separation? Lessons from the US’s history of decoupling with China and other nations 离婚还是暂时分居？美国与中国和其他国家脱钩的历史教训

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-08-01 Epub Date: 2025-04-29 DOI: 10.1016/j.jwb.2025.101648

Dan Prud’homme , Nianchen Han , David McCourt , Aya Chacar

Binational decoupling—especially between the United States and China—has received growing attention, with most research focused on its current drivers. We instead draw on history to explain why decoupling occurs, showing it is not unprecedented. The US has previously severed ties with Britain, Germany, Japan, the USSR/Russia, and earlier Chinese regimes. Through a comparative historical analysis grounded in a model of political-economic complementarities, we argue that current complementarities deter decoupling, while historical ones create path dependencies that enable future recoupling—even after war. Our findings suggest decoupling is not necessarily permanent and may give way to renewed coupling under favorable conditions.

两国脱钩——尤其是美国和中国之间的脱钩——受到了越来越多的关注，大多数研究都集中在当前的驱动因素上。相反，我们借鉴历史来解释脱钩发生的原因，表明这并非史无前例。美国此前断绝了与英国、德国、日本、苏联/俄罗斯以及早期中国政权的关系。通过基于政治-经济互补性模型的比较历史分析，我们认为当前的互补性阻止了脱钩，而历史的互补性创造了路径依赖，使未来的再耦合成为可能——即使在战争之后。我们的研究结果表明，脱钩并不一定是永久的，在有利的条件下，可能会让位于新的耦合。

引用次数: 0

Foreign small- and medium-sized enterprises and regional institutions 外国中小企业和地区机构

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-08-01 Epub Date: 2025-05-28 DOI: 10.1016/j.jwb.2025.101649

Chau M. Chu , Bach Nguyen

This study centers upon Vietnam's Law on Investment 2014—a place-based policy that offers investment incentives for foreign firms located in disadvantaged areas. Using the difference-in-differences method for 46,211 firm-year observations 2006–2021, we find that the policy increased the revenue growth of foreign SMEs located in such areas by 17 % more than that of comparable firms located outside. The positive impact is strengthened in regions with stronger governance institutions, namely more efficient business-support services and lower policy bias. Moreover, the impact of the place-based policy combined with business support (policy bias) is stronger in southern (northern) regions embedded in pro-capitalist (pro-socialist) values.

本研究以越南2014年投资法为中心，这是一项基于地方的政策，为位于弱势地区的外国公司提供投资激励。利用2006-2021年46,211家公司年观察数据的差异中差法，我们发现，该政策使位于这些地区的外国中小企业的收入增长比位于外部的可比企业高出17%。在治理制度更完善的地区，即更高效的商业支持服务和更低的政策偏见，积极影响会得到加强。此外，在亲资本主义（亲社会主义）价值观根深蒂固的南（北）地区，以地为本的政策与企业支持（政策偏差）相结合的影响更大。

引用次数: 0

Unveiling signaling processes in early-stage cross-border investment: Evidence from South African entrepreneurs and European business angels 揭示早期跨境投资的信号过程：来自南非企业家和欧洲商业天使的证据

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-08-01 Epub Date: 2025-07-24 DOI: 10.1016/j.jwb.2025.101662

Sönke Mestwerdt , Matthias Mrożewski , Alisa Sydow , Nathalie Burkert

The ever-increasing internationalization and global interconnectedness of entrepreneurship are attracting considerable scholarly attention. In particular, the understanding of the internationalization of early-stage financing, such as business angel investment in cross-border contexts, is gaining relevance. Here, however, the informal nature, the newness of the ventures, and the cross-border environment lead to severe information asymmetries, which make the initiation of collaboration particularly complex. To provide an understanding of this phenomenon, in our qualitative study, we look at how signaling as a potential solution to information asymmetry unfolds in the context of early-stage cross-border collaboration between South African founders and European business angels. Based on our findings, we propose a model that uncovers the underlying cognitive mechanisms through which the early-stage cross-border context influences signaling processes. Moreover, we identify three potential outcomes of these interpretive processes: signal appreciation, signal depreciation, and signal flip, and suggest two potential strategies to mitigate the effects of cognitively biased signal interpretation. We contribute to the broader signaling literature and signaling in international entrepreneurship literature.

企业家精神的日益国际化和全球互联性引起了学术界的广泛关注。特别是，对早期融资国际化的理解，如跨境背景下的商业天使投资，正变得越来越重要。然而，这里的非正式性质、企业的新颖性和跨境环境导致了严重的信息不对称，这使得合作的启动特别复杂。为了理解这一现象，在我们的定性研究中，我们着眼于信号作为信息不对称的潜在解决方案如何在南非创始人与欧洲商业天使之间早期跨境合作的背景下展开。基于我们的研究结果，我们提出了一个模型，揭示了早期跨界背景影响信号传导过程的潜在认知机制。此外，我们确定了这些解释过程的三种潜在结果：信号增值、信号贬值和信号翻转，并提出了两种潜在的策略来减轻认知偏见信号解释的影响。我们为更广泛的信号文献和国际创业文献中的信号做出了贡献。

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引用次数: 0

Networks for scaling businesses: Accessing international support webs for critical support resources 用于扩展业务的网络：访问关键支持资源的国际支持网络

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-06-01 Epub Date: 2025-04-03 DOI: 10.1016/j.jwb.2025.101645

Vanessa P.G. Bretas, Esther Tippmann, Jonathan Levie

Entrepreneurial ventures benefit from breaking out of structural localism to access external supports as they scale their businesses. However, there is limited theory development on how internationally scaling businesses access external supports. By adopting an entrepreneurial network perspective to study the support system for internationally scaling businesses located in Ireland, we identify an international support web accessed through network mechanisms that break out of structural localism. This study contributes to international entrepreneurship by elaborating on network mechanisms for scaling businesses, in contrast with early and rapidly internationalizing ventures and mature multinational enterprises. It also contributes to international connectivity research by detailing micro-processes for cross-border resource flows.

创业企业在扩大业务规模时，可以摆脱结构性的地方主义，获得外部支持，从中受益。然而，关于国际规模企业如何获得外部支持的理论发展有限。本文采用创业网络视角研究爱尔兰国际规模企业的支持系统，通过突破结构性地方主义的网络机制，构建了一个国际支持网络。与早期和快速国际化的企业和成熟的跨国企业相比，本研究通过阐述扩大企业规模的网络机制，为国际创业做出了贡献。它还通过详细介绍跨境资源流动的微观过程，为国际连通性研究做出贡献。

引用次数: 0

The internationalization of digital platform-based firms: A systematic literature review and directions for future research 数字平台型企业的国际化：系统文献综述及未来研究方向

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-06-01 Epub Date: 2025-05-08 DOI: 10.1016/j.jwb.2025.101629

Jiatao Li , Ankit Surana , Meena Chavan , Liena Kano , Andreas Schotter , Francesco Chirico

The recent acceleration in the international expansion of digital platform-based firms (DPFs) is changing the global business landscape. A limited but growing number of studies have begun exploring the nuances of DPFs and their unique internationalization processes. However, looking across research domains, the body of literature is substantial, albeit fragmented. With this paper, we provide a systematic review of the literature on the internationalization of DPFs with an emphasis on understanding their characteristics, internationalization patterns and typologies. We aim to provide a deeper understanding of the internationalization of DPFs and the distinct factors that influence this process. We believe that such a timely, comprehensive review will help international business and management scholars chart a clear path for future research. In addition to integrating existing literature, we highlight key gaps and inconsistencies in current knowledge and propose future research paths particularly informed by the distinct typologies of DPFs that have emerged from our analysis.

最近，基于数字平台的公司（dpf）的国际扩张加速，正在改变全球商业格局。有限但越来越多的研究已经开始探索dpf的细微差别及其独特的国际化进程。然而，纵观各个研究领域，尽管支离破碎，但这方面的文献还是相当丰富的。在本文中，我们对dpf国际化的文献进行了系统的回顾，重点是了解它们的特征、国际化模式和类型。我们的目标是更深入地了解dpf的国际化以及影响这一进程的不同因素。我们相信，这样一份及时、全面的综述将有助于国际工商管理学者为未来的研究指明一条清晰的道路。除了整合现有文献外，我们还强调了当前知识中的关键空白和不一致之处，并提出了未来的研究路径，特别是根据我们分析中出现的dpf的不同类型。

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引用次数: 0

Gender and ethnic diversity and international success of Hollywood movies 性别和种族多样性以及好莱坞电影在国际上的成功

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-06-01 Epub Date: 2025-04-04 DOI: 10.1016/j.jwb.2025.101646

Chinmay Pattnaik, Madhumita Nanda, Qiang (Steven) Lu

Does greater social inclusion and diversity lead to better commercial outcomes in cultural industries? We explore this research question in the context of Hollywood by examining how gender representation and ethnic diversity in movie casts influence international box office success. Our findings, based on data from 2000 to 2021 for >3000 Hollywood movies, suggest that gender diversity positively impacts international box office performance, whereas ethnic diversity has a negative effect. However, these relationships are contingent on movie genre (culture-neutral versus culture-sensitive) and international coproduction of movies. A culturally neutral genre with universal appeal weakens both the positive impact of gender diversity and the negative impact of ethnic diversity on international box office performance. In contrast, international co-production of movies strengthens the positive impact of gender diversity and the negative impact of ethnic diversity on international box office performance. Our study contributes to the growing international business (IB) literature by shedding light on how diversity influences internationalization and commercial success in global cultural industries.

更大的社会包容性和多样性是否会带来更好的文化产业商业成果？我们在好莱坞的背景下，通过研究电影演员中的性别代表性和种族多样性如何影响国际票房成功来探讨这个研究问题。我们的研究结果基于2000年至2021年的3000部好莱坞电影的数据，表明性别多样性对国际票房表现有积极影响，而种族多样性则有负面影响。然而，这些关系取决于电影类型（文化中立与文化敏感）和国际电影合作。具有普遍吸引力的文化中性类型既削弱了性别多样性对国际票房的积极影响，也削弱了种族多样性对国际票房的消极影响。相比之下，电影的国际合拍片强化了性别多样性对国际票房表现的积极影响和种族多样性的消极影响。我们的研究通过揭示多样性如何影响全球文化产业的国际化和商业成功，为不断增长的国际商业（IB）文献做出了贡献。

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引用次数: 0

Abandonment of cross-border acquisitions: The role of target country context 放弃跨境收购：目标国家背景的作用

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-06-01 Epub Date: 2025-03-11 DOI: 10.1016/j.jwb.2025.101638

Martina Musteen , Xialu Liu , Dwarka Chakravarty

Drawing primarily upon institutional theory, we examine the impact of the target country context on the abandonment of cross-border acquisitions (CBAs). We focus on four inter-related but distinct dimensions of target country context – the quality of formal institutions reflected in the regulatory ease of doing business, the quality of informal institutions assessed as the level of corruption, the city location of the acquisition target (i.e. whether the acquisition target is located in a global city vs. elsewhere), and the overall level of country economic development (i.e., advanced vs. emerging). Based on this framework, we argue that while business-friendly formal institutions in the target country generally reduce the likelihood of CBA abandonment, the quality of informal institutions has a non-linear effect on CBA abandonment, and the location of the acquisition target in a global city reduces the likelihood of CBA abandonment. We also posit that these relationships are moderated by the target country's level of economic development. We test these predictions using a large sample of 1,459 CBAs in 70 target countries and find empirical support for most of our hypotheses.

主要利用制度理论，我们研究了目标国家背景对放弃跨境收购（cba）的影响。我们关注目标国家背景的四个相互关联但又不同的维度——正式制度的质量反映在做生意的监管便利程度上，非正式制度的质量评估为腐败程度，收购目标的城市位置（即收购目标是否位于全球城市或其他地方），以及国家经济发展的总体水平（即发达与新兴）。基于这一框架，我们认为，虽然收购目标国家的商业友好型正式制度通常会降低CBA放弃的可能性，但非正式制度的质量对CBA放弃具有非线性影响，并且收购目标在全球城市的位置降低了CBA放弃的可能性。我们还假设这些关系受到目标国家经济发展水平的调节。我们使用70个目标国家的1459个cba的大样本来测试这些预测，并为我们的大多数假设找到了实证支持。

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引用次数: 0

Co-ethnic immigrant communities, cross-national distance, and foreign location choice of family firms from emerging economies 异族移民社区、跨国距离与新兴经济体家族企业海外区位选择

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business

Pub Date : 2025-06-01 Epub Date: 2025-04-01 DOI: 10.1016/j.jwb.2025.101641

Zhongfeng Su , Jiatao Li , Wenping Ye , Yaya Shi , Bangzhu Zhu

Can co-ethnic immigrant communities (CICs) influence the foreign location choice of family firms from emerging economies (FFEs) under different cross-national distance conditions? To answer this question, this study explores how the effect of CIC size on the foreign location choice of FFEs varies with four key types of cross-national distances. By using the data of 885 investments of Chinese family firms in 161 countries, this study finds that CIC size has a positive effect on the location choice of such firms. Moreover, the effect is strengthened by administrative and knowledge distances, weakened by global connectedness distance, and does not vary with relational distance. This study adds insights into the antecedents of foreign location choice and clarifies the role of CICs in helping FFEs overcome the challenges of different types of cross-national distances. By contextualizing FFEs, this study can benefit family firm internationalization research.

不同跨国距离条件下，同民族移民社区是否会影响新兴经济体家族企业的海外区位选择？为了回答这一问题，本研究探讨了CIC规模对外资企业海外区位选择的影响如何随四种关键类型的跨国距离而变化。本文利用中国家族企业在161个国家的885项投资数据，发现中投规模对家族企业的区位选择具有正向影响。此外，管理距离和知识距离增强了这种效应，全球连接距离削弱了这种效应，并且不随关系距离而变化。本研究进一步揭示了跨国企业海外区位选择的前因，并阐明了跨国企业在克服不同类型跨国距离挑战方面的作用。通过对家族企业国际化背景的分析，本研究对家族企业国际化研究具有借鉴意义。

引用次数: 0

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