When does knowledge similarity help foreign firms improve performance?
- Authors
- Piao, Xuelian; Moon, Jon Jungbien
- Issue Date
- 9월-2019
- Publisher
- PALGRAVE MACMILLAN LTD
- Keywords
- Knowledge similarity; Foreign firms; Performance; Foreign ownership; Market-oriented institution; China
- Citation
- ASIAN BUSINESS & MANAGEMENT, v.18, no.4, pp.301 - 323
- Indexed
- SSCI
SCOPUS
- Journal Title
- ASIAN BUSINESS & MANAGEMENT
- Volume
- 18
- Number
- 4
- Start Page
- 301
- End Page
- 323
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/63041
- DOI
- 10.1057/s41291-018-0048-4
- ISSN
- 1472-4782
- Abstract
- This paper investigates whether knowledge similarity improves the performance of foreign firms and, if so, when. Using panel data on foreign and local firms in China for the years 1998-2007, we empirically find a positive relationship between knowledge similarity and the performance of foreign firms. We find two moderating factors for the relationship, namely foreign ownership share, a firm-level factor that positively moderates the relationship, and market-oriented institution, a province-level factor that negatively moderates the relationship. Our findings identify the detailed theoretical mechanism for the effects of knowledge similarity on the performance of foreign firms under different moderating conditions.
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Collections - Korea University Business School > Department of Business Administration > 1. Journal Articles
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