IDEAS home Printed from https://ideas.repec.org/a/eee/jotrge/v33y2013icp72-84.html
   My bibliography  Save this article

Analysis of factors underlying foreign entry strategies of terminal operators in container ports

Author

Listed:
  • Parola, Francesco
  • Notteboom, Theo
  • Satta, Giovanni
  • Rodrigue, Jean-Paul

Abstract

Port reforms around the world have opened regional container port terminal markets. The emergence of a wide array of global terminal operators has led to a differentiation in entry strategies driven by their respective objectives and by factors exogenous to the firm.

Suggested Citation

  • Parola, Francesco & Notteboom, Theo & Satta, Giovanni & Rodrigue, Jean-Paul, 2013. "Analysis of factors underlying foreign entry strategies of terminal operators in container ports," Journal of Transport Geography, Elsevier, vol. 33(C), pages 72-84.
    • Handle: RePEc:eee:jotrge:v:33:y:2013:i:c:p:72-84
    DOI: 10.1016/j.jtrangeo.2013.09.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0966692313001798
    Download Restriction: no
    File URL: https://libkey.io/10.1016/j.jtrangeo.2013.09.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. A. Estache & M.E. Pinglo, 2005. "Are returns to private infrastructure in developing countries consistent with risks since the Asian crisis?," Competition and Regulation in Network Industries, Intersentia, vol. 6(1), pages 47-75, September.
    2. Keith D. Brouthers & Lance Eliot Brouthers, 2000. "Acquisition or greenfield start‐up? Institutional, cultural and transaction cost influences," Strategic Management Journal, Wiley Blackwell, vol. 21(1), pages 89-97, January.
    3. Wiegmans, Bart W. & Ubbels, B. & Rietveld, P., 2002. "Investments in container terminals: public private partnerships," Serie Research Memoranda 0003, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    4. Francesco Parola & Anna Sciomachen, 2009. "Modal split evaluation of a maritime container terminal," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 11(1), pages 77-97, March.
    5. R. Midoro & E. Musso & F. Parola *, 2005. "Maritime liner shipping and the stevedoring industry: market structure and competition strategies," Maritime Policy & Management, Taylor & Francis Journals, vol. 32(2), pages 89-106, April.
    6. Christian Daude & Ernesto Stein, 2007. "The Quality Of Institutions And Foreign Direct Investment," Economics and Politics, Wiley Blackwell, vol. 19(3), pages 317-344, November.
    7. KC Fung & Alicia Garcia-Herrero & Francis Ng, 2009. "Foreign Direct Investment in Cross-Border Infrastructure Projects 1," Working Papers 0917, BBVA Bank, Economic Research Department.
    8. H E Haralambides, 2002. "Competition, Excess Capacity, and the Pricing of Port Infrastructure," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 4(4), pages 323-347, December.
    9. Debrie, Jean & Lavaud-Letilleul, Valérie & Parola, Francesco, 2013. "Shaping port governance: the territorial trajectories of reform," Journal of Transport Geography, Elsevier, vol. 27(C), pages 56-65.
    10. Francesco Parola & Giovanni Satta & Luca Persico & Enrico Di Bella, 2013. "Entry mode choices in international markets: examining the antecedents of service firms' strategies," International Journal of Globalisation and Small Business, Inderscience Enterprises Ltd, vol. 5(1/2), pages 34-57.
    11. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024, December.
    12. Photis M Panayides & Kevin Cullinane, 2002. "Competitive Advantage in Liner Shipping: A Review and Research Agenda," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 4(3), pages 189-209, September.
    13. Mu, Rui & Jong, Martin de & Koppenjan, Joop, 2011. "The rise and fall of Public–Private Partnerships in China: a path-dependent approach," Journal of Transport Geography, Elsevier, vol. 19(4), pages 794-806.
    14. Slangen, Arjen & Hennart, Jean-François, 2007. "Greenfield or acquisition entry: A review of the empirical foreign establishment mode literature," Journal of International Management, Elsevier, vol. 13(4), pages 403-429, December.
    15. Håkanson, Lars & Ambos, Björn, 2010. "The antecedents of psychic distance," Journal of International Management, Elsevier, vol. 16(3), pages 195-210, September.
    16. Theo E. Notteboom & Athanasios A. Pallis & Sheila Farrell, 2012. "Terminal concessions in seaports revisited," Maritime Policy & Management, Taylor & Francis Journals, vol. 39(1), pages 1-5, January.
    17. K. C. Fung & Alicia Garcia‐Herrero & Hitomi Iizaka & Alan Siu, 2005. "Hard Or Soft? Institutional Reforms And Infrastructure Spending As Determinants Of Foreign Direct Investment In China," The Japanese Economic Review, Japanese Economic Association, vol. 56(4), pages 408-416, December.
    18. Flyvbjerg,Bent & Bruzelius,Nils & Rothengatter,Werner, 2003. "Megaprojects and Risk," Cambridge Books, Cambridge University Press, number 9780521009461.
    19. Child, John & Rodrigues, Suzana B., 2005. "The Internationalization of Chinese Firms: A Case for Theoretical Extension?1," Management and Organization Review, Cambridge University Press, vol. 1(3), pages 381-410, November.
    20. Daniel Olivier & Francesco Parola & Brian Slack & James J Wang, 2007. "The Time Scale of Internationalisation: The Case of the Container Port Industry," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 9(1), pages 1-34, March.
    21. M A Thomas, 2010. "What Do the Worldwide Governance Indicators Measure?," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 22(1), pages 31-54, February.
    22. Hans J F Peters, 2001. "Developments in Global Seatrade and Container Shipping Markets: Their Effects on the Port Industry and Private Sector Involvement," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 3(1), pages 3-26, March.
    23. Jan Hoffmann, 2001. "Latin American Ports: Results and Determinants of Private Sector Participation," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 3(2), pages 221-241, June.
    24. Bart W Wiegmans & Barry Ubbels & Piet Rietveld & Peter Nijkamp, 2002. "Investments in Container Terminals: Public Private Partnerships in Europe," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 4(1), pages 1-20, March.
    25. Min Qiu, 2008. "Coastal port reform in China," Maritime Policy & Management, Taylor & Francis Journals, vol. 35(2), pages 175-191, April.
    26. Khalid Bichou & Michael G H Bell, 2007. "Internationalisation and Consolidation of the Container Port Industry: Assessment of Channel Structure and Relationships," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 9(1), pages 35-51, March.
    27. Kevin Cullinane & Dong-Wook Song, 2002. "Port privatization policy and practice," Transport Reviews, Taylor & Francis Journals, vol. 22(1), pages 55-75, January.
    28. John Child & Suzana B. Rodrigues, 2005. "The Internationalization of Chinese Firms: A Case for Theoretical Extension?," Management and Organization Review, International Association of Chinese Management Research, vol. 1(3), pages 381-410, November.
    29. Aidan R. Vining & Anthony E. Boardman, 2008. "The potential role of public--private partnerships in the upgrade of port infrastructure: normative and positive considerations," Maritime Policy & Management, Taylor & Francis Journals, vol. 35(6), pages 551-569, December.
    30. Mr. Etienne B Yehoue & Miss Mona Hammami & Jean-François Ruhashyankiko, 2006. "Determinants of Public-Private Partnerships in Infrastructure," IMF Working Papers 2006/099, International Monetary Fund.
    31. Carlos Oliveira Cruz & Rui Cunha Marques, 2012. "Risk-Sharing in Seaport Terminal Concessions," Transport Reviews, Taylor & Francis Journals, vol. 32(4), pages 455-471, February.
    32. W Chan Kim & Peter Hwang, 1992. "Global Strategy and Multinationals' Entry Mode Choice," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 23(1), pages 29-53, March.
    33. Gupta, Vipin & Hanges, Paul J. & Dorfman, Peter, 2002. "Cultural clusters: methodology and findings," Journal of World Business, Elsevier, vol. 37(1), pages 11-15, April.
    34. Theo E. Notteboom, 2002. "Consolidation and contestability in the European container handling industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 29(3), pages 257-269.
    35. Kaufmann, Daniel & Kraay, Aart & Mastruzzi, Massimo, 2010. "The worldwide governance indicators : methodology and analytical issues," Policy Research Working Paper Series 5430, The World Bank.
    36. Hennart, Jean-François, 2010. "Transaction Cost Theory and International Business," Journal of Retailing, Elsevier, vol. 86(3), pages 257-269.
    37. Daniel Olivier, 2005. "Private Entry and Emerging Partnerships in Container Terminal Operations: Evidence from Asia," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 7(2), pages 87-115, June.
    38. Peter W. De Langen & Athanasios A. Pallis, 2007. "Entry barriers in seaports," Maritime Policy & Management, Taylor & Francis Journals, vol. 34(5), pages 427-440, October.
    39. Hans Van Ham & Joop Koppenjan, 2001. "BUILDING PUBLIC-PRIVATE PARTNERSHIPS: Assessing and managing risks in port development," Public Management Review, Taylor & Francis Journals, vol. 3(4), pages 593-616, December.
    40. Li, Peter Ping, 2007. "Toward an integrated theory of multinational evolution: The evidence of Chinese multinational enterprises as latecomers," Journal of International Management, Elsevier, vol. 13(3), pages 296-318, September.
    41. Malcolm Warner & Ng Sek Hong & Xu Xiaojun, 2004. "‘Late Development’ Experience and the Evolution of Transnational Firms in the People's Republic of China," Asia Pacific Business Review, Taylor & Francis Journals, vol. 10(3-4), pages 324-345, March.
    42. Theo Notteboom & Jean-Paul Rodrigue, 2012. "The corporate geography of global container terminal operators," Maritime Policy & Management, Taylor & Francis Journals, vol. 39(3), pages 249-279, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Panayides, Photis M. & Parola, Francesco & Lam, Jasmine Siu Lee, 2015. "The effect of institutional factors on public–private partnership success in ports," Transportation Research Part A: Policy and Practice, Elsevier, vol. 71(C), pages 110-127.
    2. Satta, Giovanni & Notteboom, Theo & Parola, Francesco & Persico, Luca, 2017. "Determinants of the long-term performance of initial public offerings (IPOs) in the port industry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 103(C), pages 135-153.
    3. Satta, Giovanni & Parola, Francesco & Persico, Luca, 2014. "Temporal and Spatial Constructs in Service Firms' Internationalization Patterns: The Determinants of the Accelerated Growth of Emerging MNEs," Journal of International Management, Elsevier, vol. 20(4), pages 421-435.
    4. Francesco Parola & Giovanni Satta & Simone Caschili, 2014. "Unveiling co-operative networks and 'hidden families' in the container port industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 41(4), pages 384-404, July.
    5. Athanasios A. Pallis & Francesco Parola & Giovanni Satta & Theo E. Notteboom, 2018. "Private entry in cruise terminal operations in the Mediterranean Sea," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(1), pages 1-28, March.
    6. Theo Notteboom & Jean-Paul Rodrigue, 2012. "The corporate geography of global container terminal operators," Maritime Policy & Management, Taylor & Francis Journals, vol. 39(3), pages 249-279, May.
    7. Giovanni Satta & Francesco Parola & Simone Caschili, 2014. "Dealing with uncertainty and volatility in the port industry network: social and instrumental antecedents of "clique" survival," Maritime Policy & Management, Taylor & Francis Journals, vol. 41(7), pages 615-633, December.
    8. Li, Peter Ping, 2010. "Toward a learning-based view of internationalization: The accelerated trajectories of cross-border learning for latecomers," Journal of International Management, Elsevier, vol. 16(1), pages 43-59, March.
    9. Xiao, Zengqi & Lam, Jasmine Siu Lee, 2020. "The impact of institutional conditions on willingness to take contractual risk in port public-private partnerships of developing countries," Transportation Research Part A: Policy and Practice, Elsevier, vol. 133(C), pages 12-26.
    10. Soppé, Martin & Parola, Francesco & Frémont, Antoine, 2009. "Emerging inter-industry partnerships between shipping lines and stevedores: from rivalry to cooperation?," Journal of Transport Geography, Elsevier, vol. 17(1), pages 10-20.
    11. Theo Notteboom & Jean-Paul Rodrigue, 2023. "Maritime container terminal infrastructure, network corporatization, and global terminal operators: Implications for international business policy," Journal of International Business Policy, Palgrave Macmillan, vol. 6(1), pages 67-83, March.
    12. Su-Han Woo & Stephen Pettit & Anthony Beresford & Dong-Wook Kwak, 2012. "Seaport Research: A Decadal Analysis of Trends and Themes Since the 1980s," Transport Reviews, Taylor & Francis Journals, vol. 32(3), pages 351-377, January.
    13. Ng, Adolf K.Y. & Ducruet, César & Jacobs, Wouter & Monios, Jason & Notteboom, Theo & Rodrigue, Jean-Paul & Slack, Brian & Tam, Ka-chai & Wilmsmeier, Gordon, 2014. "Port geography at the crossroads with human geography: between flows and spaces," Journal of Transport Geography, Elsevier, vol. 41(C), pages 84-96.
    14. Francesca Medda & Qianwen Liu, 2013. "Determinants and strategies for the development of container terminals," Journal of Productivity Analysis, Springer, vol. 40(1), pages 83-98, August.
    15. Anil, Ibrahim & Tatoglu, Ekrem & Ozkasap, Gaye, 2014. "Ownership and market entry mode choices of emerging country multinationals in a transition country: evidence from Turkish multinationals in Romania," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 19(4), pages 413-452.
    16. Alessia Amighini & Claudio Cozza & Elisa Giuliani & Roberta Rabellotti & Vittoria Scalera, 2015. "Multinational enterprises from emerging economies: what theories suggest, what evidence shows. A literature review," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 42(3), pages 343-370, September.
    17. Gharehgozli, A.H. & Roy, D. & de Koster, M.B.M., 2014. "Sea Container Terminals," ERIM Report Series Research in Management ERS-2014-009-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    18. Parola, Francesco & Veenstra, Albert W., 2008. "The spatial coverage of shipping lines and container terminal operators," Journal of Transport Geography, Elsevier, vol. 16(4), pages 292-299.
    19. Ilan Alon & John Anderson & Ziaul Haque Munim & Alice Ho, 2018. "A review of the internationalization of Chinese enterprises," Asia Pacific Journal of Management, Springer, vol. 35(3), pages 573-605, September.
    20. Geraldine Knatz & Theo Notteboom & Athanasios A. Pallis, 2022. "Container terminal automation: revealing distinctive terminal characteristics and operating parameters," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 24(3), pages 537-565, September.

    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:eee:jotrge:v:33:y:2013:i:c:p:72-84. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/journal-of-transport-geography .

    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.