IDEAS home Printed from https://ideas.repec.org/a/pal/jintbs/v42y2011i3p381-405.html
   My bibliography  Save this article

The MNE as a portfolio: Interdependencies in MNE growth trajectory

Author

Listed:
  • Lilach Nachum

    (Baruch College, City University New York, USA)

  • Sangyoung Song

    (Baruch College, City University New York, USA)

Abstract

We conceptualize the MNE as a portfolio of interdependent sub-units, and examine its growth trajectory in relation to its existing portfolio. The empirical testing is based on a unique dataset that details all the location moves of US legal services MNEs during 1949–2006. These MNEs evolve in directions that follow from their past. Their portfolios affect their subsequent moves, speaking for the impact of interdependencies among sub-units on the evolution of MNEs. The portfolio exercises stronger impact on entry than on exit, suggesting that different forces affect MNEs’ expansion and contraction. We outline strategic and organizational implications of the conceptualization of the MNE as a portfolio.

Suggested Citation

  • Lilach Nachum & Sangyoung Song, 2011. "The MNE as a portfolio: Interdependencies in MNE growth trajectory," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 42(3), pages 381-405, April.
    • Handle: RePEc:pal:jintbs:v:42:y:2011:i:3:p:381-405
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jibs/journal/v42/n3/pdf/jibs201060a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/jibs/journal/v42/n3/full/jibs201060a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:42:y:2011:i:3:p:381-405. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.