The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
The effect of national culture on the choice between licensing and direct foreign investment
Abstract
This paper argues that national differences in levels of trust impact perceptions of transactions costs and thereby influence the desirability of internalization and the choice of foreign market entry mode. The paper tests this framework on industry level data from the United States Commerce Department's Benchmark Survey of operations of U.S. ‐based manufacturing multinational corporations in 1977 and 1982, and shows that cultural differences in trust do influence perceptions of transaction costs and the preference for direct foreign investment across countries.
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Citations
Cites
Technology Transfer by Multinational Firms: The Resource Cost of Transferring Technological Know-How
Teece, D. J. (1977) · The Economic Journal · doi:10.2307/2232084 · Cited by 1,464
Cited by
Taras, V., Kirkman, B. L., & Steel, P. (2010) · Journal of Applied Psychology · doi:10.1037/a0018938 · Cited by 1,160
Analyzing Foreign Market Entry Strategies: Extending the Internalization Approach
Buckley, P. J., & Casson, M. C. (1998) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8490006 · Cited by 875
The Structure of Optimal Trust: Moral and Strategic Implications
Wicks, A. C., Berman, S. L., & Jones, T. M. (1999) · The Academy of Management Review · doi:10.5465/amr.1999.1580443 · Cited by 785
THE INFLUENCE OF NATIONAL CULTURE ON THE FORMATION OF TECHNOLOGY ALLIANCES BY ENTREPRENEURIAL FIRMS.
Steensma, H. K., Marino, L., Weaver, K. M., & Dickson, P. H. (2000) · Academy of Management Journal · doi:10.2307/1556421 · Cited by 520
Chua, R. Y. J., Roth, Y., & Lemoine, J.-F. (2015) · Administrative Science Quarterly · doi:10.1177/0001839214563595 · Cited by 433
Metadata
- Authors
- Shane, S.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 1994-10
- Volume
- 15
- Issue
- 8
- Pages
- 627-642
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2141142926
- Cited by
- 293
- References
- 1
- FWCI
- 20.89
- Type
- journal article
- Language
- en
- Open access
- closed
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- Shane, S. (1994). The effect of national culture on the choice between licensing and direct foreign investment. Strategic Management Journal. https://doi.org/10.1002/smj.4250150805
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
