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Firm-specific assets and the internationalization–performance relationship in the U.S. movie studio industry

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  • Tashman, Peter
  • Marano, Valentina
  • Babin, Jessica

Abstract

We study the role that firm-specific assets (FSAs) play in the processes underlying the internationalization–performance relationship. International business scholars have begun studying the interrelationship between FSAs, internationalization, and performance; however, this research is still emergent, and has produced inconclusive results. We believe that this may be due, in part, to research designs involving the same FSAs across many industries, even though individual industries may rely on different FSAs in their internationalization strategies. We address this issue in a single industry study of U.S. movie studios, which typically rely on blockbuster production capabilities as FSAs in their internationalization efforts. We show how these FSAs co-evolve with firms’ degree of internationalization, and how each factor mediates the positive effect of the other on performance. Our results highlight the importance of studying specific industries and their salient FSAs when assessing their role of such resources in the internationalization–performance relationship.

Suggested Citation

  • Tashman, Peter & Marano, Valentina & Babin, Jessica, 2019. "Firm-specific assets and the internationalization–performance relationship in the U.S. movie studio industry," International Business Review, Elsevier, vol. 28(4), pages 785-795.
    • Handle: RePEc:eee:iburev:v:28:y:2019:i:4:p:785-795
    DOI: 10.1016/j.ibusrev.2019.03.003
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    Cited by:

    1. repec:igg:jamtr0:v:5:y:2023:i:1:p:1-14 is not listed on IDEAS
    2. Ronny Behrens & Natasha Zhang Foutz & Michael Franklin & Jannis Funk & Fernanda Gutierrez-Navratil & Julian Hofmann & Ulrike Leibfried, 2021. "Leveraging analytics to produce compelling and profitable film content," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 45(2), pages 171-211, June.
    3. Bauweraerts, Jonathan & Arzubiaga, Unai & Diaz-Moriana, Vanessa, 2022. "Unveiling the global focus-performance relationship in family firms: The role of the board of directors," International Business Review, Elsevier, vol. 31(4).
    4. Likitwongkajon, Napaporn & Vithessonthi, Chaiporn, 2020. "Do foreign investments increase firm value and firm performance? Evidence from Japan," Research in International Business and Finance, Elsevier, vol. 51(C).

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