Webinar: Multinational firms' pace of expansion within host countries: How high rates of pro-market reform hamper the local exploitation of foreign expansion knowledge
25 November 2020 3:00 pm CET
Thomas Lindner, PhD, MIM, BSc, Vera Kunczer, M.Sc. (both Vienna University of Economics and Business)
Venue
Online event - See registration link below
Description
The presentation is based on a publication with the same title.
Although increases in corporate ownership positions in foreign markets occur frequently, the factors that determine how quickly such increases occur are underexplored. Combining international business research on experiential learning, knowledge recombination, and pro-market reform, we hypothesize that a firm's international experience with ownership increases has a positive effect on the pace at which the firm implements an ownership increase in a host country, but that this effect is weaker during periods of quicker pro-market reform in the country. We find support for our hypotheses in an analysis of Austrian firms expanding in Central and Eastern Europe, suggesting that, rather than merely being beneficial to foreign investors, pro-market reform also poses a challenge to them.
Paper and presentation, when available, are posted online after the seminar.
Registration link: https://my.demio.com/ref/TZ8Rbsq9f145Jd2Q
The participation link will be sent to you immediately after registration.
Keywords: Expansion pace, Ownership increases, Pro-market reform, Experiential knowledge, Recombination