Imprinting And Early Exposure To Developed International Markets: The Case Of The New Multinationals

Working Papers

Previous research has analyzed the imprinting effect associated with the firm’s international expansion without considering the full range of differences between home and host countries. These differences are important because, depending on the development gap, and the direction of the difference, learning opportunities and the possibility of upgrading firm’s capabilities will be vastly different. Read More

IPOs and Stock Market Development: Capturing the Economic Value from Innovation

Funded Research Proposal

This research seeks to identify the reasons why some countries have bigger and more liquid equity markets in general, and markets for initial public offerings (IPOs) in particular. The recent rise and decline of the IPO market worldwide poses important challenges for entrepreneurs wishing to capture the economic value from innovation.Read More

Cooperation and Innovation in Green Industries: International Environmental Networks in Emerging Markets

Funded Research Proposal

To what extent do environmental stakeholders cooperate with each other? Does collaboration breed innovation? Is there collaboration across environmental issue-areas? This study will (1) map the network of international collaboration in critical environmental issue-areas and (2) reveal the precise ways in which the interactions of four key stakeholders affect competition and innovation in the field.Read More

International R&D service outsourcing by technology-intensive firms: Whether and where?

Published Research

We combine the streams of literature on outsourcing and offshoring to investigate (1) whether choosing an R&D offshore outsourcing strategy by technological firms is advisable, and (2) where these firms are more likely to allocate these R&D services outsourcing agreements offshore, namely, in developed or developing economies.Read More

Nuclear Research Networks in Emerging Markets: Collaboration & Competition in High-Tech Fields

Working Papers

To what extent do nuclear scientists in different countries collaborate with each other? What is the network structure of collaboration and competition? We argue that nuclear research networks, formed by reciprocal and horizontal interactions among specialists and the institutions within which they are embedded, evolve across developing economies in response to fluctuations in government spending.Read More

Institutions and the Internationalization of U.S. Venture Capital Firms

Published Research

In recent years, venture capital firms have increasingly turned to foreign countries in search of investment opportunities. The cross-border expansion of venture capital firms presents an interesting case of internationalization, because they are at variance with both conventional portfolio and direct investment models.Read More

Home-Country Networks and Foreign Expansion

Published Research

We propose that home country network advantages shape firms’ foreign expansion. We argue that a social status advantage is transferable from one market to another as a signal of quality but that a brokerage advantage is more context-specific and difficult to transfer.Read More