Please use this identifier to cite or link to this item: https://doi.org/10.1057/jibs.2011.30
Title: Rapid FDI expansion and firm performance
Authors: Chang, S.-J. 
Rhee, J.H.
Issue Date: 2011
Citation: Chang, S.-J., Rhee, J.H. (2011). Rapid FDI expansion and firm performance. Journal of International Business Studies 42 (8) : 979-994. ScholarBank@NUS Repository. https://doi.org/10.1057/jibs.2011.30
Abstract: Today, more firms are expanding rapidly into foreign markets to reach global scale quickly, and to capture or nullify first-mover advantages. These trends run counter to the conventional theory of gradual internationalization, which suggests that firms maximize the benefits of learning from prior experience, thereby minimizing the hazard of failure. We argue that this conventional wisdom does not consider the risk of being a perennial late mover in the face of increased global competition. This study explores the circumstances under which rapid FDI expansion, a strategy of undertaking FDI expansion at an accelerated speed, can be a viable strategy. Using data on Korean firm expansion, we find that rapid FDI expansion enhances firm performance in industries where globalization pressures are high, and when it is done by firms with superior internal resources and capabilities. © 2011 Academy of International Business All rights reserved.
Source Title: Journal of International Business Studies
URI: http://scholarbank.nus.edu.sg/handle/10635/44756
ISSN: 00472506
DOI: 10.1057/jibs.2011.30
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

SCOPUSTM   
Citations

71
checked on Aug 17, 2018

WEB OF SCIENCETM
Citations

64
checked on Aug 8, 2018

Page view(s)

68
checked on Jun 30, 2018

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.