Exploring location‐specific assets and exploiting firm‐specific advantages: an integrative perspective on foreign ownership decisions

Abstract

Abstract

International ambidexterity and firm performance in small emerging economies

“…However, the unprecedented competitive environment contemporary multinational enterprises find themselves in necessitates ''ambidexterity'' in their organizational structure and strategy development, allowing for the simultaneous tasks of exploitation and exploration (Barkema & Drogendijk, 2007;Han & Celly, 2008;Prange & Verdier, 2011;Raisch & Birkinshaw, 2008;Tseng, 2007). This is especially important for enterprises from emerging markets that need to build and leverage ambidexterity during the internationalization process to offset late-mover disadvantages in the global market.…”

“…Numerous researchers have acknowledged the challenges firms face when performing distinct tasks in heterogeneous international markets (e.g., Chen & Chen, 1998;Hsu & Chen, 2009;Makino et al, 2002;Tseng, 2007). Prange and Verdier (2011) present the concept of international ambidexterity as a strategy firms can use to respond to these challenges.…”

“…Aside from organizational structure, contemporary multinational enterprises also show a significant tendency towards ''international ambidexterity'' in their strategic decisions. In such cases, firms strive to integrate exploitative and explorative strategies during the internationalization process and thus acquire an enhanced position to survive and compete against global rivals (Barkema & Drogendijk, 2007;Han & Celly, 2008;Luo & Rui, 2009;Prange & Verdier, 2011;Tseng, 2007).…”

Canadian Journal of Administrative Sciences: A Retrospective Review Using Bibliometric Analysis

“…The most cited articles in this cluster focus on the need for a global mindset for successful internationalization (276 citations) (Nummela et al., 2004), the internationalization of small and medium enterprises (191 citations) (Etemad, 2004), and the export growth and internationalization of small firms (156 citations) (Andersson et al., 2004). Other notable topics covered by this cluster include ambidexterity (Han & Celly, 2008), cultural, geographical, and psychic distance (Bhowmick, 2019; Malhotra, 2012), ethnocentrism (Dana, 1997), firm‐specific advantages and location‐based assets (Tseng, 2007), foreign direct investment (Cheng, 2006), international advertising (Laroche et al., 1999), international business failure (Hong, 2016), international business models (Paul & Sánchez‐Morcilio, 2019), international franchising (Welsh & Raven, 2011), international joint venture (Merchant, 2004), international performance (Kuivalainen et al., 2004), internationalization of internet‐enabled entrepreneurial firms (Loane et al., 2004), negotiation (Lituchy, 1997), political climate (Agarwal & Feils, 2007), and liability of foreignness (Joardar & Wu, 2011), among others.…”

Averting risk or embracing opportunity? Exploring the impact of ambidextrous capabilities on innovation of Chinese firms in internationalization

“…Numerous researchers have acknowledged the challenges firms face when performing distinct tasks in heterogeneous international markets (e.g. Chen and Chen, 1998;Hsu and Chen, 2009;Makino et al, 2002;Tseng, 2007). Particularly, when firms compete in extensive international markets, they will encounter greater uncertainty and complexity and thus may find a new set of challenges to simultaneously practice explorative and exploitative activities (Han, 2007).…”