Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.jbusres.2010.01.002
Title: Experience and a firm's performance in foreign markets: A commentary essay
Authors: Delios, A. 
Keywords: Experiential learning
Foreign expansion
International business
Performance
Subsidiary
Issue Date: 2011
Source: Delios, A. (2011). Experience and a firm's performance in foreign markets: A commentary essay. Journal of Business Research 64 (2) : 227-229. ScholarBank@NUS Repository. https://doi.org/10.1016/j.jbusres.2010.01.002
Abstract: Wu and Lin (2010) extend several prominent themes in the experience and subsidiary performance literature in their empirical examination of the foreign expansion of Taiwanese MNEs. This commentary essay considers the themes in Wu and Lin (2010) against the backdrop of the considerable volume of research that has been conducted on experiential learning and firm performance in both the international business and strategy literatures. Five weak axioms about the relationships between experience, foreign market entry strategy, and performance emerge in this review. Based on these weak axioms, the commentary concludes that scholars need to concentrate future research on understanding the management and process-related issues that concern the effective management of a firm's experiential learning processes to foster better capability and knowledge development from a firm's experience, as well as translate such developments into improved performance prospects for a firm. © 2010 Elsevier Inc.
Source Title: Journal of Business Research
URI: http://scholarbank.nus.edu.sg/handle/10635/44778
ISSN: 01482963
DOI: 10.1016/j.jbusres.2010.01.002
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