Host country network, industry experience, and international alliance formation: Evidence from the venture capital industry
| Autor: | Amir Pezeshkan, Jing Zhang |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Marketing
050208 finance Resource dependence theory Social network business.industry Industry experience 05 social sciences Venture capital Investment (macroeconomics) Alliance Social network theory 0502 economics and business International alliance formation Position (finance) Network centrality Business and International Management Centrality business Host (network) 050203 business & management Finance Industrial organization |
| Zdroj: | Journal of World Business. 51:264-277 |
| ISSN: | 1090-9516 |
| DOI: | 10.1016/j.jwb.2015.10.008 |
| Popis: | Integrating resource dependence and social network theories, we investigate how foreign firms’ position in alliance network in host country influences their further allying with firms from the host and home countries. We introduce network centrality as a factor that influences two competing forces in alliance formation: willingness and attractiveness. Furthermore, we argue that foreign firms suffering from a low network centrality may find it easier to enhance their network position if they have industry experience. Our analysis of data on US venture capital firms’ investment in China supports our theoretical framework. Theoretical and managerial implications of our findings are discussed. https://www.researchgate.net/profile/Jing_Zhang235/publication/284138436_Host_country_network_industry_experience_and_international_alliance_formation_Evidence_from_the_venture_capital_industry/links/56aae81a08aeadd1bdcafaf6/Host-country-network-industry-experience-and-international-alliance-formation-Evidence-from-the-venture-capital-industry.pdf |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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