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The Impact of Strategic Orientations on the Born Globals’ Export Performance: An Ambidexterity Approach 战略导向对 "天生全球企业 "出口绩效的影响:混合灵活性方法
IF 4.3 3区 管理学 Q2 MANAGEMENT Pub Date : 2024-08-26 DOI: 10.1007/s11575-024-00552-6
Manuela Presutti, Luciano Fratocchi, Vincenza Odorici

According to international entrepreneurship scholars, the success of Born Globals (BGs) depends on their capacity to develop an organizational ambidexterity perspective, i.e. a dual function of simultaneous knowledge exploration and exploitation. In this respect, it has been pointed out that ambidexterity can be associated with the ability to balance the development of different strategic orientations (SOs), namely, entrepreneurial orientation (EO), market orientation (MO), and learning orientation (LO). While several authors have investigated the impact of MO, EO and LO on BGs’ performance, the results of such research are often inconsistent. Based on the resource orchestration view, we assume that the combined – rather than the single – contribution of resources and capabilities provided by EO, MO, and LO, ultimately result in a superior export performance. Such an indicator is typically adopted to evaluate international performance, especially for micro and small companies. More specifically, the study aims to verify the significance of dyadic (namely, MO*EO, EO*LO, and MO*LO) and triadic (MO*EO* LO) interactions of the SO typologies on BGs’ export performance. Moreover, the paper aspires to verify if some of these interactions are more relevant than others. We test our hypotheses on a sample of 100 Italian hi-tech BGs located inside a technological cluster near Rome through a longitudinal analysis. Our findings show that all the investigated interactions positively and significantly impact on the BGs’ export performances, independently of the adopted measurement variable. However, a certain type of hierarchy emerges among the different impacts of the investigated interactions among the three SO typologies.

国际创业学者认为,"天生全球企业"(Born Globals,BGs)的成功取决于其发展组织灵活性(ambidexterity)的能力,即同时发挥知识探索和利用的双重功能。在这方面,有学者指出,灵活性可以与平衡发展不同战略导向(SOs)的能力联系起来,即创业导向(EO)、市场导向(MO)和学习导向(LO)。虽然一些学者研究了MO、EO和LO对企业集团绩效的影响,但这些研究的结果往往并不一致。基于资源协调的观点,我们认为,EO、MO 和 LO 所提供的资源和能力的综合贡献(而非单一贡献)最终会带来卓越的出口绩效。这种指标通常用于评估国际绩效,尤其是小微企业的国际绩效。更具体地说,本研究旨在验证 SO 类型的二元(即 MO*EO、EO*LO 和 MO*LO)和三元(MO*EO*LO)相互作用对企业集团出口绩效的意义。此外,本文还希望验证其中某些相互作用是否比其他相互作用更相关。我们以位于罗马附近一个技术集群内的 100 家意大利高科技企业为样本,通过纵向分析来验证我们的假设。我们的研究结果表明,所有被调查的交互作用都对企业的出口业绩产生了积极而显著的影响,与所采用的测量变量无关。然而,在三种国有企业类型中,所调查的交互作用的不同影响呈现出一定的层次性。
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引用次数: 0
A Look into the Future: The Impact of Metaverse on Traditional Theories and Thinking in International Business 展望未来:元数据对国际商务传统理论和思维的影响
IF 3.9 3区 管理学 Q2 MANAGEMENT Pub Date : 2024-07-16 DOI: 10.1007/s11575-024-00550-8
G. Saridakis, Zaheer Khan, Gary Knight, Bochra Idris, Jay Mitra, Huda Khan
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引用次数: 0
Strangers in a Strange Land: Legitimacy Formation by Polish Multinationals Venturing into Sub-Saharan Africa 陌生国度的陌生人:进军撒哈拉以南非洲的波兰跨国公司的合法性形成
IF 4.3 3区 管理学 Q2 MANAGEMENT Pub Date : 2024-06-21 DOI: 10.1007/s11575-024-00548-2
Aleksandra Wąsowska, Krzysztof Obłój, Dominik Kopiński

Our paper revisits one of the fundamental questions of International Business (IB) scholarship, investigating the ways through which multinational enterprises (MNEs) establish legitimacy when entering a foreign market. We address this question in a novel context of Central and Eastern European (CEE) firms venturing into Sub-Saharan Africa (SSA), employing a multiple case study approach. We investigate the process of legitimacy formation by Polish firms entering SSA for market-seeking reasons. We find that the firms studied use their initial liabilities of foreignness, outsidership, and origin as starting points for pragmatic, moral, and cognitive legitimacy-building by developing narratives that neutralize the distance between themselves and important local stakeholders. Our findings contribute to an understanding of the contingent nature of ‘liabilities’ in IB literature and shed light on the role of narratives in the internationalization process.

我们的论文重新探讨了国际商务(IB)学术的基本问题之一,研究了跨国企业(MNE)在进入外国市场时建立合法性的方式。我们在中东欧(CEE)企业进军撒哈拉以南非洲(SSA)的新背景下,采用多案例研究方法探讨了这一问题。我们调查了波兰企业为寻求市场而进入撒哈拉以南非洲的合法性形成过程。我们发现,所研究的企业利用其最初的外来性、局外性和原籍性作为起点,通过发展叙事来中和自身与当地重要利益相关者之间的距离,从而建立实用、道德和认知上的合法性。我们的研究结果有助于理解国际企业文献中 "责任 "的偶然性,并揭示了叙事在国际化过程中的作用。
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引用次数: 0
Growing Old, but Paying Back: Understanding How Age Influences Corporate Social Innovation Depth and Breadth of Multinationals in Weak Institutional Contexts 老有所为:了解年龄如何影响弱制度背景下跨国公司的社会创新深度和广度
IF 4.3 3区 管理学 Q2 MANAGEMENT Pub Date : 2024-06-12 DOI: 10.1007/s11575-024-00543-7
Rexford Attah‐Boakye, Kweku Adams, Honglan Yu, D. Mali, Hyoung-joo Lim
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引用次数: 0
Correction: Breaking Barriers: How Do the Marketing Capabilities of Emerging-Market Micro-Multinationals Drive Social Innovation? 更正:打破壁垒:新兴市场微型跨国公司的营销能力如何推动社会创新?
IF 4.3 3区 管理学 Pub Date : 2024-06-11 DOI: 10.1007/s11575-024-00549-1
Huda Khan, Joseph Amankwah‐Amoah, Richard Lee, Gary Knight, Nazim Hussain
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引用次数: 0
Does Eco-Innovation of Emerging Market Firms Benefit from Knowledge Spillovers of MNC in a Multi-dimensional Task Environment? 多维任务环境下,新兴市场企业的生态创新是否受益于跨国公司的知识溢出?
IF 4.3 3区 管理学 Pub Date : 2024-06-05 DOI: 10.1007/s11575-024-00546-4
Yi Qu, Chengang Wang, Yingqi Wei, Lichao Wu, Nan Zheng
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引用次数: 0
Examining the Drivers and Boundary Conditions of Social Innovation: Evidence from MNE Subsidiaries in a Developing Economy 考察社会创新的驱动因素和边界条件:来自发展中经济体跨国企业子公司的证据
IF 4.3 3区 管理学 Pub Date : 2024-06-01 DOI: 10.1007/s11575-024-00542-8
Michael Nkrumah, Diana Owusu-Yirenkyi, Richard B. Nyuur, Francis Donbesuur, Dominic Essuman
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引用次数: 0
Market or Community? An Institutional Logics Interpretation of how MNE Subsidiaries Respond to Mandated Social Innovation in India 市场还是社区?从制度逻辑角度解读跨国企业在印度的子公司如何应对授权社会创新
IF 4.3 3区 管理学 Pub Date : 2024-05-31 DOI: 10.1007/s11575-024-00544-6
Irene Chu, Mayank Sewak, Rohit Trivedi

Despite growing concern in the social innovation (SI) literature about the tackling of grand challenges, our understanding of the role of multinational enterprises (MNEs) remains in its infancy. This article examines foreign MNE subsidiaries’ SI investments focusing on United Nations’ Sustainable Development Goals (UNSDGs) in host countries. Using financial data from large, listed subsidiaries of foreign MNEs operating in India, along with hand-collected data from firms’ disclosures of corporate social responsibility (CSR) activity for five years starting in 2015, we utilise the externalities framework propounded by Montiel et al. (2021). This neatly translates the 17 UNSDGS into actionable goals to examine the efforts of foreign MNE subsidiaries in increasing positive externalities as opposed to reducing negative externalities via SI-related investment in host countries. The study also evaluates the effects of the local embeddedness of the foreign MNE subsidiaries on SI investment. We find that MNE subsidiaries tend to favour increasing positive externalities as compared to reducing negative externalities through their SI investments. Also, older subsidiaries tend to prioritize greater investments in SI projects related to reducing negative externalities and subsidiaries with higher MNE ownership tend to reduce investments in SI projects related to increasing positive externalities. We discuss possible interpretations of the exploratory results using the institutional logics perspective and conclude with implications for policy and future research.

尽管社会创新(SI)文献日益关注应对重大挑战,但我们对跨国企业(MNE)作用的理解仍处于起步阶段。本文研究了外国跨国企业子公司的社会创新投资,重点关注东道国的联合国可持续发展目标(UNSDGs)。我们利用在印度运营的外国跨国企业大型上市子公司的财务数据,以及从企业披露的企业社会责任(CSR)活动中手工收集的从 2015 年开始的五年数据,采用了 Montiel 等人(2021 年)提出的外部性框架。这一框架将联合国可持续发展与社会责任全球战略(UNSDGS)的 17 项内容巧妙地转化为可操作的目标,以考察外国跨国企业子公司通过在东道国进行与企业社会责任相关的投资,在增加正外部性而非减少负外部性方面所做的努力。本研究还评估了外国跨国企业子公司的本地嵌入性对制造业投资的影响。我们发现,与减少负面外部性相比,跨国企业子公司往往更倾向于通过其战略性投资来增加正面外部性。此外,历史较长的子公司倾向于优先加大对与减少负面外部性相关的社会创新项目的投资,而跨国企业所有权较高的子公司倾向于减少对与增加正面外部性相关的社会创新项目的投资。我们从制度逻辑的角度讨论了对探索性结果的可能解释,最后提出了对政策和未来研究的启示。
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引用次数: 0
MNCs’ Corporate Social Innovation in Emerging Markets: Antecedents, Outcomes, and Boundary Conditions 跨国公司在新兴市场的企业社会创新:前因、结果和边界条件
IF 4.3 3区 管理学 Pub Date : 2024-05-30 DOI: 10.1007/s11575-024-00541-9
Arinze Christian Nwoba, Samuel Kusi, Adedapo Adebajo, Mark Kofi Prempeh

This study examines (i) the relationship between first social mover multinational corporations (MNCs) and corporate social innovation (CSI); (ii) the impact of MNCs’ CSI on social value creation; and (iii) the moderating role of local embeddedness on the relationship between the first social mover MNCs, CSI, and social value creation. The study builds from the behavioral theory of social entrepreneurship. Primary data was collected from 150 MNCs operating in Nigeria—a social and resource-constrained emerging market in sub-Saharan Africa. Findings show that there is a positive relationship between first social mover MNCs and CSI. The findings also show that CSI has a positive relationship with social value creation. Furthermore, the findings reveal that local embeddedness strengthens the path between first social mover MNCs, CSI, and social value creation path. These findings have important implications for CSI and international management research as well as the growth and management of MNCs operating in emerging markets in sub-Saharan Africa.

本研究探讨 (i) 社会先行者跨国公司(MNCs)与企业社会创新(CSI)之间的关系;(ii) 跨国公司的 CSI 对社会价值创造的影响;(iii) 本地嵌入性对社会先行者跨国公司、CSI 和社会价值创造之间关系的调节作用。本研究以社会企业家精神的行为理论为基础。研究收集了在尼日利亚--撒哈拉以南非洲一个社会和资源受限的新兴市场--运营的 150 家跨国公司的原始数据。研究结果表明,社会先行者跨国公司与 CSI 之间存在正相关关系。研究结果还表明,CSI 与社会价值创造之间存在正相关关系。此外,研究结果表明,本地嵌入性加强了社会先行者跨国公司、CSI 和社会价值创造之间的路径。这些发现对 CSI 和国际管理研究以及在撒哈拉以南非洲新兴市场运营的跨国公司的成长和管理具有重要意义。
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引用次数: 0
Social Innovation and the Financial Risk of EMNCs - The Contingent Role of Institutional Legitimacy 社会创新与新兴市场跨国公司的金融风险--制度合法性的权变作用
IF 4.3 3区 管理学 Q2 MANAGEMENT Pub Date : 2024-05-29 DOI: 10.1007/s11575-024-00545-5
Hasanul Banna, Md Imtiaz Mostafiz, Farhad Uddin Ahmed, Shlomo Y. Tarba

This paper examines the influence of social innovation on financial risk of emerging economy multinational corporations (EMNCs). Traditionally, research has focussed on Western MNCs’ and their financial performance implications. However, the growing involvement of EMNCs in social innovation—albeit in environments characterized by institutional voids—and its effects on financial risk necessitate an in-depth examination. Drawing on stakeholder theory, we explored how EMNCs balance their social innovation initiatives with financial risks. To this end, we first examine how social innovation reduces the financial risk of EMNCs. Second, we examine the association between excessive social innovation and EMNCs’ financial risk. In addition, borrowing insights from institutional theory, we assess the role played by institutional legitimacy in this process, acknowledging institutional legitimacy’s potential to mitigate the financial risks associated with social innovation in emerging economies. We test our hypotheses based on data drawn from 90 EMNCs in 14 emerging economies, applying a panel regression model with robust standard errors and a rigorous robustness propensity score matching test. Our findings show that social innovation reduces EMNC financial risk, and challenge the assertions made regarding the potential negative implications of excessive social innovation on financial risk. Our results also demonstrate the intricate moderating effects of institutional legitimacy in balancing social innovation, excessive social innovation, and EMNC financial risk. Finally, we proffer critical implications for managers and policymakers in emerging economies.

本文探讨了社会创新对新兴经济体跨国公司财务风险的影响。传统上,研究的重点是西方跨国公司及其财务业绩的影响。然而,新兴经济跨国公司越来越多地参与社会创新--尽管是在以制度空白为特征的环境中--及其对财务风险的影响需要进行深入研究。借鉴利益相关者理论,我们探讨了新兴市场跨国公司如何平衡其社会创新举措与财务风险。为此,我们首先研究了社会创新如何降低新兴市场跨国公司的财务风险。其次,我们研究了过度社会创新与新兴市场跨国公司财务风险之间的关联。此外,借鉴制度理论的见解,我们评估了制度合法性在这一过程中发挥的作用,承认制度合法性在降低新兴经济体社会创新相关财务风险方面的潜力。我们以 14 个新兴经济体中 90 家新兴市场跨国公司的数据为基础,运用带稳健标准误差的面板回归模型和严格的稳健性倾向得分匹配测试,检验了我们的假设。我们的研究结果表明,社会创新降低了新兴市场跨国公司的财务风险,并对有关过度社会创新可能对财务风险产生负面影响的论断提出了质疑。我们的研究结果还表明,在平衡社会创新、过度社会创新和跨国公司财务风险方面,制度合法性具有错综复杂的调节作用。最后,我们提出了对新兴经济体管理者和决策者的重要启示。
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Management International Review
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