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Internationalization performance of Chinese multinational companies in the developed markets

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  • Zhong, Weiguo
  • Peng, Jisheng
  • Liu, Chunlin
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    Abstract

    This study investigates the relationship between prior cooperation experience with partners from the developed markets and internationalization performance of emerging multinational companies. Based on the knowledge-based view, this study sheds light on the crucial role of knowledge base, organizational learning in the home country, and acquisition possibility of knowledge in the host country. Employing a sample of Chinese international firms, this study demonstrates that international experience accumulated by learning through linkage with partners from the developed markets improves the performance of companies from the emerging market. Organizational learning in the home country and acquisition possibility of knowledge in the host country moderate the effect of international experience. The implications of these findings for theoretical development and future research are discussed.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Business Research.

    Volume (Year): 66 (2013)
    Issue (Month): 12 ()
    Pages: 2479-2484

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    Handle: RePEc:eee:jbrese:v:66:y:2013:i:12:p:2479-2484

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    Web page: http://www.elsevier.com/locate/jbusres

    Related research

    Keywords: Cooperation experience; Organizational learning; Knowledge acquisition; Internationalization performance; Emerging multinational companies;

    References

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    Cited by:
    1. Yang, Zhilin & Su, Chenting, 2013. "Understanding Asian business strategy: Modeling institution-based legitimacy-embedded efficiency," Journal of Business Research, Elsevier, Elsevier, vol. 66(12), pages 2369-2374.

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