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Greenfield or acquisition entry: A review of the empirical foreign establishment mode literature

  • Slangen, Arjen
  • Hennart, Jean-François

This paper reviews the empirical literature on the determinants of the choice by multinational enterprises between entering foreign countries through greenfields or acquisitions. We discuss and compare the main theoretical perspectives used, provide a detailed overview of the empirical findings, examine why these findings have often been inconsistent, and offer theoretical and methodological suggestions to guide future research.

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Article provided by Elsevier in its journal Journal of International Management.

Volume (Year): 13 (2007)
Issue (Month): 4 (December)
Pages: 403-429

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Handle: RePEc:eee:intman:v:13:y:2007:i:4:p:403-429
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  25. Jean-François Hennart & Young-Ryeol Park, 1993. "Greenfield vs. Acquisition: The Strategy of Japanese Investors in the United States," Management Science, INFORMS, vol. 39(9), pages 1054-1070, September.
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