EXPERIENTIAL KNOWLEDGE AND COST IN THE INTERNATIONALIZATION PROCESS
1997 (English)In: Journal of International Business Studies, ISSN 0047-2506, E-ISSN 1478-6990, Vol. 28, no 2, 337-360 p.Article in journal (Refereed) Published
Using a behavioral approach, this study identifies and delineates components of experiential knowledge in the internationalization process. Three hypotheses are developed and tested. They center around the lack of knowledge in the areas of foreign business, foreign institutions and firm internationalization, as well as the effect that this lack of knowledge has on the managers´ perceived cost in the internationalization process. With the help of a LISREL-based structural model, the three hypotheses are tested on a sample of 362 service firms. The analysis shows that lack of internationalization knowledge has a strong impact on the lack of both business and institutional knowledge which, in turn, influence the perceived cost in internationalization. But there is no direct effect of lack of internationalization knowledge on perceived cost in internationalization.
Place, publisher, year, edition, pages
Palgrave Macmillan, 1997. Vol. 28, no 2, 337-360 p.
FOREIGN DIRECT-INVESTMENT; ENTRY-MODE CHOICE; SERVICE FIRMS; MULTINATIONAL-CORPORATIONS; MARKET KNOWLEDGE; ECLECTIC THEORY; STRATEGIES; EXPANSION; LOCATION; BEHAVIOR
IdentifiersURN: urn:nbn:se:kth:diva-50391DOI: 10.1057/palgrave.jibs.8490104ISI: A1997XP94900005OAI: oai:DiVA.org:kth-50391DiVA: diva2:461726
The attached pdf is the authors version. The published version may be found at: http://www.jstor.org/stable/155258
QC 201112092011-12-092011-12-052011-12-09Bibliographically approved