“…That is, international experience allows foreign firms to better understand the complexity of the cognitive, normative, and regulatory domains in host markets (Ogasavara & Hoshino, 2009). In this vein, Carney, Gedajlovic, Heugens, Van Essen, and Van Oosterhout (2011) contended that parent groups' international experience allows for timely information exchange, leading to firms' pursuit of diverse business opportunities.…”