Mode Choice

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Taewon Suh - One of the best experts on this subject based on the ideXlab platform.

  • transaction cost determinants and ownership based entry Mode Choice a meta analytical review
    Journal of International Business Studies, 2004
    Co-Authors: Hongxin Zhao, Yadong Luo, Taewon Suh
    Abstract:

    Entry Mode Choice is a critical ingredient of international entry strategies, and has been voluminously examined in the field. The findings, however, are very mixed, especially with respect to transaction-cost-related factors in determining the ownership-based entry Mode Choice. This study conducted a meta-analysis to quantitatively summarize the literature and empirically generalize more conclusive findings. Based on the 106 effect sizes of 38 empirical studies, the meta-analysis shows that the findings of the existing studies are Moderated to varying degrees by both study-setting factors and statistical artifacts, although the combined overall effects of transaction cost-based determinants are consistent with the predictions of transaction cost economics. We extensively discuss the implications of meta-analytical results, especially Moderating effects of location, country of origin, industry type, and statistical artifacts, highlight the measurement adequacy, equivalence, and multidimensionality of transaction cost determinants, and present our suggestions to improve theoretical inquiries and empirical verifications on entry Mode Choice. Journal of International Business Studies (2004) 35, 524–544. doi:10.1057/palgrave.jibs.8400106

  • Transaction cost determinants and ownership-based entry Mode Choice: A meta-analytical review
    Journal of International Business Studies, 2004
    Co-Authors: Hongxin Zhao, Yadong Luo, Taewon Suh
    Abstract:

    Entry Mode Choice is a critical ingredient of international entry strategies, and has been voluminously examined in the field. The findings, however, are very mixed, especially with respect to transaction-cost-related factors in determining the ownership-based entry Mode Choice. This study conducted a meta-analysis to quantitatively summarize the literature and empirically generalize more conclusive findings. Based on the 106 effect sizes of 38 empirical studies, the meta-analysis shows that the findings of the existing studies are Moderated to varying degrees by both study-setting factors and statistical artifacts, although the combined overall effects of transaction cost-based determinants are consistent with the predictions of transaction cost economics. We extensively discuss the implications of meta-analytical results, especially Moderating effects of location, country of origin, industry type, and statistical artifacts, highlight the measurement adequacy, equivalence, and multidimensionality of transac- tion cost determinants, and present our suggestions to improve theoretical inquiries and empirical verifications on entry Mode Choice

Keith D. Brouthers - One of the best experts on this subject based on the ideXlab platform.

  • Institutional, cultural and transaction cost influences on entry Mode Choice and performance
    Journal of International Business Studies, 2013
    Co-Authors: Keith D. Brouthers
    Abstract:

    In this study, we examine foreign market entry Mode Choice and firm performance for a sample of European Union firms. Examining both financial and non-financial performance measures, we attempt to determine if firms that select their entry Mode based on transaction cost, institutional context, and cultural context variables perform better than firms that make other Mode Choices. We found that Mode Choice did matter. Firms whose Mode Choice could be predicted by the extended transaction cost Model performed significantly better, on both financial and non-financial measures, than did firms whose Mode Choice could not be predicted by the extended transaction cost Model. Implications for future research are discussed.

  • real options international entry Mode Choice and performance
    Journal of Management Studies, 2008
    Co-Authors: Keith D. Brouthers, Lance Eliot Brouthers, Steve Werner
    Abstract:

    Recent scholarship suggests that combining insights from real option theory with transaction cost economics may improve decision-making Models. In response to this suggestion we develop and test a Model of international entry Mode Choice that draws from both perspectives. Examining samples of Dutch and Greek firms entering Central and Eastern European markets, we found that adding real option variables to a transaction cost Model significantly improved its explanatory power. Additionally, firms that used the combined real option/transaction cost predicted Choices had significantly higher levels of subsidiary performance satisfaction than firms that did not. Our results suggest that effective managerial decision-making may involve more than mere transaction cost minimization considerations; real option value creation insights also appear to influence the success of decision outcomes.

  • sme entry Mode Choice and performance a transaction cost perspective
    Entrepreneurship Theory and Practice, 2004
    Co-Authors: Keith D. Brouthers, George Nakos
    Abstract:

    Although small and medium sized enterprises (SMEs) account for a significant portion of international trade, little is know about how they make international entry Mode decisions. Transaction cost theory has been widely used to study entry Mode selection for large firms. Here we apply the theory to SME Mode Choices. Further, we set out to determine if SME transaction cost Mode Choices provide superior performance to other Mode Choices. We found that transaction cost theory did a good job of explaining SME Mode Choice and that SMEs that used transaction cost–predicted Mode Choices performed significantly better than firms using other Modes.

Christian Schwens - One of the best experts on this subject based on the ideXlab platform.

  • foreign market entry Mode Choice of small and medium sized enterprises a systematic review and future research agenda
    International Business Review, 2014
    Co-Authors: Katharina Laufs, Christian Schwens
    Abstract:

    Despite significant differences between small and medium-sized enterprises (SMEs) and large multinational enterprises (MNEs), the majority of extant foreign market entry Mode Choice literature has focused on MNEs. The current state of knowledge regarding SME foreign market entry Mode Choice is equivocal. The present paper reviews the current state of SME foreign market entry Mode Choice literature and maps future research directions. To this end, we systematically analyze 33 relevant journal articles for their theoretical frameworks and contextual dimensions. Based on this review, we identify gaps in the literature and develop an agenda to guide future scholarship in this important domain of research in taking SME-specific characteristics into consideration.

  • The Moderating Impact of Informal Institutional Distance and Formal Institutional Risk on SME Entry Mode Choice
    Journal of Management Studies, 2011
    Co-Authors: Christian Schwens, Julia Eiche, Ruediger Kabst
    Abstract:

    Considerable research has explored international Mode Choices. However, results regarding the direct influence of the host country institutional context on entry Mode Choice remain rather inconclusive with positive, negative, and mixed empirical findings. This study examines informal institutional distance and formal institutional risk as Moderators on the relationship between frequently examined decision-making criteria and the entry Mode decision of small and medium-sized enterprises (SMEs). We demonstrate that the influence of international experience, proprietary know-how, and strategic importance on SME Mode Choice is contingent on the institutional context of the host country. Hypotheses are tested on a sample of 227 German SMEs. Our empirical results support our theoretical predictions, which forge a link between institutional and SME entry Mode literature.

Hongxin Zhao - One of the best experts on this subject based on the ideXlab platform.

  • transaction cost determinants and ownership based entry Mode Choice a meta analytical review
    Journal of International Business Studies, 2004
    Co-Authors: Hongxin Zhao, Yadong Luo, Taewon Suh
    Abstract:

    Entry Mode Choice is a critical ingredient of international entry strategies, and has been voluminously examined in the field. The findings, however, are very mixed, especially with respect to transaction-cost-related factors in determining the ownership-based entry Mode Choice. This study conducted a meta-analysis to quantitatively summarize the literature and empirically generalize more conclusive findings. Based on the 106 effect sizes of 38 empirical studies, the meta-analysis shows that the findings of the existing studies are Moderated to varying degrees by both study-setting factors and statistical artifacts, although the combined overall effects of transaction cost-based determinants are consistent with the predictions of transaction cost economics. We extensively discuss the implications of meta-analytical results, especially Moderating effects of location, country of origin, industry type, and statistical artifacts, highlight the measurement adequacy, equivalence, and multidimensionality of transaction cost determinants, and present our suggestions to improve theoretical inquiries and empirical verifications on entry Mode Choice. Journal of International Business Studies (2004) 35, 524–544. doi:10.1057/palgrave.jibs.8400106

  • Transaction cost determinants and ownership-based entry Mode Choice: A meta-analytical review
    Journal of International Business Studies, 2004
    Co-Authors: Hongxin Zhao, Yadong Luo, Taewon Suh
    Abstract:

    Entry Mode Choice is a critical ingredient of international entry strategies, and has been voluminously examined in the field. The findings, however, are very mixed, especially with respect to transaction-cost-related factors in determining the ownership-based entry Mode Choice. This study conducted a meta-analysis to quantitatively summarize the literature and empirically generalize more conclusive findings. Based on the 106 effect sizes of 38 empirical studies, the meta-analysis shows that the findings of the existing studies are Moderated to varying degrees by both study-setting factors and statistical artifacts, although the combined overall effects of transaction cost-based determinants are consistent with the predictions of transaction cost economics. We extensively discuss the implications of meta-analytical results, especially Moderating effects of location, country of origin, industry type, and statistical artifacts, highlight the measurement adequacy, equivalence, and multidimensionality of transac- tion cost determinants, and present our suggestions to improve theoretical inquiries and empirical verifications on entry Mode Choice

Yadong Luo - One of the best experts on this subject based on the ideXlab platform.

  • transaction cost determinants and ownership based entry Mode Choice a meta analytical review
    Journal of International Business Studies, 2004
    Co-Authors: Hongxin Zhao, Yadong Luo, Taewon Suh
    Abstract:

    Entry Mode Choice is a critical ingredient of international entry strategies, and has been voluminously examined in the field. The findings, however, are very mixed, especially with respect to transaction-cost-related factors in determining the ownership-based entry Mode Choice. This study conducted a meta-analysis to quantitatively summarize the literature and empirically generalize more conclusive findings. Based on the 106 effect sizes of 38 empirical studies, the meta-analysis shows that the findings of the existing studies are Moderated to varying degrees by both study-setting factors and statistical artifacts, although the combined overall effects of transaction cost-based determinants are consistent with the predictions of transaction cost economics. We extensively discuss the implications of meta-analytical results, especially Moderating effects of location, country of origin, industry type, and statistical artifacts, highlight the measurement adequacy, equivalence, and multidimensionality of transaction cost determinants, and present our suggestions to improve theoretical inquiries and empirical verifications on entry Mode Choice. Journal of International Business Studies (2004) 35, 524–544. doi:10.1057/palgrave.jibs.8400106

  • Transaction cost determinants and ownership-based entry Mode Choice: A meta-analytical review
    Journal of International Business Studies, 2004
    Co-Authors: Hongxin Zhao, Yadong Luo, Taewon Suh
    Abstract:

    Entry Mode Choice is a critical ingredient of international entry strategies, and has been voluminously examined in the field. The findings, however, are very mixed, especially with respect to transaction-cost-related factors in determining the ownership-based entry Mode Choice. This study conducted a meta-analysis to quantitatively summarize the literature and empirically generalize more conclusive findings. Based on the 106 effect sizes of 38 empirical studies, the meta-analysis shows that the findings of the existing studies are Moderated to varying degrees by both study-setting factors and statistical artifacts, although the combined overall effects of transaction cost-based determinants are consistent with the predictions of transaction cost economics. We extensively discuss the implications of meta-analytical results, especially Moderating effects of location, country of origin, industry type, and statistical artifacts, highlight the measurement adequacy, equivalence, and multidimensionality of transac- tion cost determinants, and present our suggestions to improve theoretical inquiries and empirical verifications on entry Mode Choice

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