기업수준과 국가수준의 경쟁우위 : 다층구조 분석을 통한 세계화 연구Firm-and Country-Specific Advantages: A Multi-Level Analysis of Internationalization
- Other Titles
- Firm-and Country-Specific Advantages: A Multi-Level Analysis of Internationalization
- Authors
- 남대일; Len J. Trevino; John B.Cullen
- Issue Date
- 2012
- Keywords
- 세계화; 다층 구조 분석; 위계적일반선형모델; 기업수준 경쟁우위; 국가수준 경쟁우위; Internationalization; Multi-Level Analysis; Hierarchical Generalized Linear Modeling; Firm Specific Advantages; and Country Specific Advantages
- Citation
- POSRI경영경제연구, v.12, no.2, pp.5 - 40
- Indexed
- KCI
OTHER
- Journal Title
- POSRI경영경제연구
- Volume
- 12
- Number
- 2
- Start Page
- 5
- End Page
- 40
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/109629
- ISSN
- 2233-8535
- Abstract
- This study develops a comprehensive multi-level analysis, including firm-level and country-level drivers, that attempts to explain firms’propensities to internationalize their operations. Drawing on industrial organization, transaction cost economics, strategic management, and institutional theory literatures, we develop multi-level hypotheses regarding firms’internationalization. We test our hypotheses using data on 26,859 firms from 27 countries using Hierarchical Generalized Linear Modeling(HGLM). Results indicate that the presence of foreign competition, dependence on foreign materials and education of the top management team are positively associated with a firm’s propensity to expand internationally. However, market power, management ownership, and the top management team’s foreign company experience were not supported, as hypothesized. We studied two country-level drivers, cultural and social institutions. For the culture-level indicators, we confirm that uncertainty avoidance and in-group collectivism are negatively associated with internationalization, while power distance and performance orientation are positively associated with this construct. For the social institutions, we found a positive and significant relationship between educational attainment and internationalization but not for political stability.
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Collections - Korea University Business School > Department of Business Administration > 1. Journal Articles
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