Choice between non-equity entry modes: an organizational capability perspective
Many studies have examined the choice between different types of equity and non-equity modes; however, none has focused on the choice between different types of non-equity modes that service-firms employ routinely. This study develops a theoretical framework based on the "organizational capabil...
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| Veröffentlicht in: | Journal of international business studies |
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| Weitere Verfasser: | , |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
2002
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Tag hinzufügen | Zusammenfassung: | Many studies have examined the choice between different types of equity and non-equity modes; however, none has focused on the choice between different types of non-equity modes that service-firms employ routinely. This study develops a theoretical framework based on the "organizational capability" perspective to explain the choice between two non-equity modes - franchising and management-service contracts. While previous studies are based on the premise that foreign-market entrants choose a mode - equity or non-equity - that offers them most control given their particular circumstances, the premise of this study is that foreign entrants choose a non-equity mode that, in addition, offers effective transfer of the firm's capabilities to the host-country venture. |
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| Beschreibung: | In: Journal of international business studies |
| ISSN: | 0047-2506 |