Failed Disruption: A Cross-National Analysis of Books and Wines

Funded Research Proposal

Over the last two decades many categories of services have shifted from the traditional to the digital format, including music, news, job postings, and dating, among many others. Meanwhile, the sale of products has shifted significantly from physical to online channels, including clothing, toys, cosmetics, and even food.Read More

Power Transitions in the Host Country and the Survival of Subsidiaries in Infrastructure Industries

Published Research

We argue that for firms competing in infrastructure industries, a change in the government that granted the permission to invest in the host country increases the likelihood of divestment of foreign subsidiaries. Read More

Domestic Political Connections and International Expansion: It’s not Only ‘Who You Know’ That Matters

Published Research

Former politicians on the board of directors bring to the firm domestic political connections and political knowledge. Previous research has mainly highlighted the role of contacts, without fully recognizing the role of political knowledge accumulated at home. Read More

Imprinting and Early Exposure to Developed International Markets: The Case of the New Multinationals

Published Research

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

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

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: Evidence From the Venture Capital Industry

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