Internationalization Behavior of Biotech Firms Producing a COVID-19 Vaccine

2021 ◽  
Author(s):  
Alliayah Tubman ◽  
Michael Neubert
Keyword(s):  
Internationalization Behavior

Retail companies’ internationalization behavior and the 2008 crisis

2015 ◽  
Vol 43 (9) ◽  
pp. 870-894 ◽  
Author(s):  
Daniele Pederzoli ◽  
Volker G. Kuppelwieser
Keyword(s):  
Developing Economies ◽  
Low Cost ◽  
Entry Modes ◽  
Content Type ◽  
Theoretical Assumptions ◽  
Before And After ◽  
International Retailing ◽  
Economic Shock ◽  
Current Financial Crisis ◽  
Internationalization Behavior

Purpose – The purpose of this paper is to challenge earlier recommendations and explanations regarding companies’ behaviour after an economic shock and analyses worldwide retail companies’ internationalization processes before and after the 2008 crisis. Design/methodology/approach – Drawing on information published between 2003 and 2012, the authors focus on the 2008 crisis and analyse 1,500 different internationalization moves by 109 companies from 26 countries. Findings – The analyses confirm that the pace of retail internationalization increased after the 2008 crisis, that these companies had mainly moved into countries with newly developing economies, and that the entry modes ranged from high-cost entry modes and low-cost strategies. Originality/value – This paper provides an initial indication of retailers’ actual internationalization behaviour in the period considered. Such material has not been available previously as international retailing research has primarily focused on theoretical assumptions. By focusing on the current financial crisis, the authors highlight the problem that researchers investigating various company behaviours face when comparing these to the theoretical expectations. By using a worldwide, multisectorial, and longitudinal retailing sample to illustrate the internationalization process, the authors not only generalize companies’ internationalization behaviour, but also challenge earlier recommendations and explanations regarding their behaviour after an economic shock.

Does state capitalism matter in firm internationalization? Pace, rhythm, location choice, and product diversity

2016 ◽  
Vol 54 (6) ◽  
pp. 1320-1342 ◽  
Author(s):  
Hongquan Chen ◽  
Xiaodong Li ◽  
Saixing Zeng ◽  
Hanyang Ma ◽  
Han Lin
Keyword(s):  
Developing Countries ◽  
Location Choice ◽  
Developed Countries ◽  
Least Square ◽  
Product Lines ◽  
State Capitalism ◽  
Content Type ◽  
Government Organizations ◽  
Positive Effect ◽  
Internationalization Behavior

Purpose – The purpose of this paper is to investigate the direct effects of state capitalism on the internationalization behavior of state-owned enterprises (SOEs). Specifically, the authors focus on four distinct aspects of internationalization behavior; namely, pace of internationalization, rhythm of internationalization, location choice (developing countries vs developed countries), and diversity of product lines. Design/methodology/approach – The authors empirically test the hypotheses using data from Chinese construction companies during the period 2009-2015. The authors build a unique dataset by combining the data from ENR Top 225 International Contractors reports and the State Administration for Industry and Commerce of China information. Moreover, concerning the panel data structure and the potential for autocorrelation and heteroskedasticity, The authors use the feasible generalized least square panel model to test the hypotheses. Findings – The authors find that the level of state capitalism has a positive effect on SOEs’ rhythm of internationalization, while there is no significant relationship between the level of state capitalism and the pace of internationalization. Furthermore, the authors find that the SOEs affiliated with higher levels of government organizations are more likely to locate business operations in developing countries and engage in more diversity of product lines. Research limitations/implications – The findings show that the different varieties of state capitalism are the source of the different internationalization patterns of SOEs. Instead of supposing SOEs to be uniform players in emerging economies, the authors show that the nature of SOEs varies depending on the level of government with which they are affiliated, and this fact results from the divergent manifestations of state capitalism itself. Originality/value – This study improves the understanding of how state capitalism affects the capabilities and motivations of SOEs in regard to overseas expansion. The authors extend institutional theory by supposing that the level of state capitalism has a positive effect on the rhythm of internationalization. Moreover, the authors find that SOEs embedded with high levels of government affiliation tend to enter into developing countries and diversify their product lines.

Determinants of the Internationalization Pathways of Family Firms: An Examination of Family Influence

2008 ◽  
Vol 21 (2) ◽  
pp. 151-167 ◽  
Author(s):  
Chris Graves ◽  
Jill Thomas
Keyword(s):  
Family Business ◽  
Family Firms ◽  
Family Influence ◽  
Financial Resources ◽  
Future Research ◽  
Stage Model ◽  
Family Unit ◽  
The Family ◽  
Business Practitioners ◽  
Internationalization Behavior

Internationalization is recognized as a valuable strategy for organizations' growth and expansion; however, little is known about the internationalization behavior of family firms. Using stage model theory, the internationalization processes of eight family firms from their foundation to the present time are examined. Three key determinants of the internationalization pathways taken by family firms are identified: the level of commitment toward internationalization, the financial resources available, and the ability to commit and use those financial resources to develop the required capabilities. Furthermore, how the family unit influenced these determinants is explored. The implications for family business practitioners and ideas for future research are discussed.

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