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Identifier to cite or link to this item: https://hdl.handle.net/10086/15735

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Title
Rapid International Expansion Strategy of Emerging Market Enterprises: The Interplay between Speed and Competitive Risks on International performance
Creator
Creator Name
Chang, Sea-Jin Chang, Sea-Jin
Affiliation
Affiliation Name
Korea University
Creator Name
Rhee, Jay Hyuk Rhee, Jay Hyuk
Affiliation
Affiliation Name
Korea University
Editor
Contributor Name
Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University
Key Word
incremental internationalization
rapid international expansion strategy
emerging markets
foreign subsidiary survival
foreign direct investment
Abstract
Firms that internationalize relatively late may pursue rapid internationalization by entering multiple markets simultaneously to reach global scale faster and to capture early mover advantages. These trends run counter to the theory of incremental internationalization. With data on Korean firms' early international expansion experiences, we found evidence that a rapid international expansion strategy enhances firm performance in industries where globalization pressures are high, by firms with less lead-time of their home-country rivals, and in countries where they could be early movers.
Description
Running head: Rapid international expansion strategy
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2007-11
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
CEI Working Paper Series ; No. 2007-11
Relation
Related Identifier
URI
  http://cei.ier.hit-u.ac.jp/index.html
NCID
AA11590659
Number of Pages
41
Appears in Collections
CEI Working Paper Series
URL
https://hdl.handle.net/10086/15735