Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory
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La liberación de los mercados abrió las puertas a la expansión e incrementó el nivel de competencia en numerosos mercados. Esto explica que las compañías se estén diversificando cada vez más a través de las fronteras nacionales. Este fenómeno está relacionado con el emprendimiento internacional puesto que la internacionalización es un ejemplo de un cambio de estrategia que puede ser definido como un acto emprendedor. En este contexto, los académicos en el campo de los negocios internacionales han dado respuesta básicamente a tres preguntas: por qué, dónde y cómo se internacionalizan las compañías. Debido a que la presente investigación trata sobre la sección de modos de entrada, el enfoque es claramente sobre el ‘cómo’. La selección del mod... Ver más
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Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory internacionalización, selección del modo de entrada, teoría de los costos de transacción, teoría de los recursos y las capacidades. Revista Perspectiva Empresarial Artículo de revista Núm. 1 , Año 2019 : enero-junio 1 6 internacionalização, seleção do modo de entrada, teoria dos custos de transação, teoria dos recursos e as capacidades. Sabaneta: Fundación Universitaria Ceipa, 2014- Yánez - Jara, Víctor Manuel Barrientos Oradini , Nicolás Araya - Castillo, Luis Acevedo Duque, Ángel La liberación de los mercados abrió las puertas a la expansión e incrementó el nivel de competencia en numerosos mercados. Esto explica que las compañías se estén diversificando cada vez más a través de las fronteras nacionales. Este fenómeno está relacionado con el emprendimiento internacional puesto que la internacionalización es un ejemplo de un cambio de estrategia que puede ser definido como un acto emprendedor. En este contexto, los académicos en el campo de los negocios internacionales han dado respuesta básicamente a tres preguntas: por qué, dónde y cómo se internacionalizan las compañías. Debido a que la presente investigación trata sobre la sección de modos de entrada, el enfoque es claramente sobre el ‘cómo’. La selección del modo de entradaconstituye una de las decisiones más críticas para el éxito de la estrategia internacional. Esta investigación analiza la selección del modo de entrada tanto desde la perspectiva de los costos de transacción como desde la teoría de los recursos y las capacidades, ya que estas perspectivas usan y consideran diferentes supuestos. Dado lo anterior, hacemos 4 proposiciones relacionadas con el estudio de la selección del modo de entrada a partir de los costos de transacción y la teoría de los recursos y las capacidades. Hill, C.W.L., Hwang, P. and Kim, W.C. (1990). 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Revista Perspectiva Empresarial - 2019 https://creativecommons.org/licenses/by-nc-sa/4.0/ Inglés https://revistas.ceipa.edu.co/index.php/perspectiva-empresarial/article/view/228 application/pdf text/html Journal article Internationalization, entry mode choice, transaction costs theory, resource based theory. The liberalization of markets opened doors for expansion and increased the level of competition in numerous markets. This explains that firms are increasinglydiversifying across national borders. This phenomenon is related with the international entrepreneurship, since internationalization is an example of a strategy change that can be defined as an entrepreneurial act. In this context, the scholars in international business have given answers to basically three questions: Why, where, and how do companies internationalize. Since the present research deals with entry modes choice, the focus is clearly on “how.” The choice of entry mode constitutes one of the most critical decisions for international strategy success. This research analyzes the entry mode choice from the perspective of both transaction costs and resource based theory, because these perspectives use different assumptions and consider different assumptions. Given this, I propose 4 propositions related with the study of entry mode choice from the transaction costs and resource based theory. Bobillo, A.M., López-Iturriaga, F. and Tejerina-Gaite, F. (2012). The Effects of International Diversification on Firm Performance: An Empirical Study across Twelve European Countries. International Journal of Management, 29 (4), 531-542. Binda, V. (2009). La internacionalización de la empresa española en perspectiva histórica. Revista ICE, 849, 9-26. Burgel, O. and Murray, G. (2000). 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Paths of economic development: modeling factors of endogenous growth. International Journal of Social Economics, 23 (10/11), 164-191. https://doi.org/10.1108/03068299610149525 Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory Dunning, J.H. (2002). Global Capitalism, FDI and competitiveness. Cheltenham, England: Edward Elgar https://doi.org/10.4337/9781843767060 Dunning, J.H. (2001). The Key Literature on IB Activities: 1960-2000. En Rugman, A.M. and Brewer, T.L. (Ed.), The Oxford Handbook of International Business (pp. 36-68). New York, USA: Oxford University Press. https://doi.org/10.1093/0199241821.003.0002 Dunning, J.H. (1998). Location and the multinational enterprise: A neglected factor? Journal of International Business Studies, 29 (1), 45-66. https://doi.org/10.1057/palgrave.jibs.8490024 Camisón, C. (2007). Bases organizativas de la internacionalización y la competitividad de la empresa española: dinámica en las dos últimas décadas. Revista ICE, 838, 59-100. Dimitratos, P. and Plakoyiannaki, E. (2003). Theoretical Foundations of an International Entrepreneurial Culture. Journal of International Entrepreneurship, 1 (2), 187-215. https://doi.org/10.1023/A:1023804318244 Dunning, J.H. (1993). The Internationalization of the Production of Services: Some General and Specific Explanations. En Aharoni, Y. (Ed.), Coalitions and Competition: The Globalization of Professional Services (pp. 78-101). London, England: Routledge. Dess, G., Lumpkin G. and Covin, J. (1997). Entrepreneurial Strategy Making and Firm Performance: Test of Contingency and Configurational Models. Strategic Management Journal, 18 (9), 677-695. https://doi.org/10.1002/(SICI)1097-0266(199710)18:9<677::AID-SMJ905>3.0.CO;2-Q Chow, C. and Fung, M. (1996). Firm dynamics and industrialization in the Chinese economy in transition: Implications for small business policy. Journal of Business Venturing, 11 (6), 489-505. https://doi.org/10.1016/S0883-9026(96)00019-5 Capron, L., Dussauge, P. and Mitchell, W. (1998). Resource Redeployment following horizontal acquisitions in Europe and North America. Strategic Management Journal, 19, 631-661. https://doi.org/10.1002/(SICI)1097-0266(199807)19:7<631::AID-SMJ963>3.0.CO;2-9 Caruana, A., Morris, M. and Vella, A. (1998). The Effect of Centralization and Formalization on Entrepreneurship in Export Firms. Journal of Small Business Management, 36 (1), 16-29. Chang, S.J. (1995). International Expansion Strategy of Japanese Firms: Capability Building through Sequential Entry. Academy of Management Journal, 38 (2), 383-407. https://doi.org/10.5465/256685 Chang, S.J. and Rosenzweig, P.M. (2001). The choice of entry mode in sequential foreign direct investment. Strategic Management Journal, 22, 747-776. https://doi.org/10.1002/smj.168 Chen, H. and Chen, T.J. (1998). Network linkages and location choice in foreign direct investment. Journal of International Business Studies, 29 (3), 445-467. https://doi.org/10.1057/palgrave.jibs.8490002 Davidson, W.H. and McFetridge, D.G. (1985). Key characteristics in the choice of international technology transfer mode. Journal of International Business Studies, 16 (2), 5-21. https://doi.org/10.1057/palgrave.jibs.8490448 Publication Cieślik, J., Kaciak, E. and Welsh, D.H.B. (2010). The strategic effect of early internationalization on survival, consistency, and growth of export sales in small/medium sized enterprises. Journal of Small Business Strategy, 21 (4), 39-64. Covin, J.G. and Slevin, D.P. (1988). The Influence of Organization Structure on the Utility of an Entrepreneurial Top Management Style. Journal of Management Studies, 25 (3), 217-234. https://doi.org/10.1111/j.1467-6486.1988.tb00033.x Cuypers, I. and Martin, X. (2010). What makes and what does not make a real option? A study of equity shares in international joint ventures. Journal of International Business Studies, 41, 47-69. https://doi.org/10.1057/jibs.2009.17 Dastidar, P. (2009). International corporate diversification and performance: Does firm self-selection matter? Journal of International Business Studies, 40 (1), 71-85. https://doi.org/10.1057/palgrave.jibs.2008.57 10.16967/23898186.228 https://doi.org/10.16967/23898186.228 2389-8194 https://revistas.ceipa.edu.co/index.php/perspectiva-empresarial/article/download/228/829 https://revistas.ceipa.edu.co/index.php/perspectiva-empresarial/article/download/228/870 2019-06-03 2019-06-03T00:00:00Z 2019-06-03T00:00:00Z 7 20 2389-8186 |
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Revista Perspectiva Empresarial |
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Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory |
spellingShingle |
Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory Yánez - Jara, Víctor Manuel Barrientos Oradini , Nicolás Araya - Castillo, Luis Acevedo Duque, Ángel internacionalización, selección del modo de entrada, teoría de los costos de transacción, teoría de los recursos y las capacidades. internacionalização, seleção do modo de entrada, teoria dos custos de transação, teoria dos recursos e as capacidades. Internationalization, entry mode choice, transaction costs theory, resource based theory. |
title_short |
Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory |
title_full |
Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory |
title_fullStr |
Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory |
title_full_unstemmed |
Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory |
title_sort |
analysis of the entry mode choice from both transaction costs and resource based theory |
title_eng |
Analysis of the Entry Mode Choice from Both Transaction Costs and Resource Based Theory |
description |
La liberación de los mercados abrió las puertas a la expansión e incrementó el nivel de competencia en numerosos mercados. Esto explica que las compañías se estén diversificando cada vez más a través de las fronteras nacionales. Este fenómeno está relacionado con el emprendimiento internacional puesto que la internacionalización es un ejemplo de un cambio de estrategia que puede ser definido como un acto emprendedor. En este contexto, los académicos en el campo de los negocios internacionales han dado respuesta básicamente a tres preguntas: por qué, dónde y cómo se internacionalizan las compañías. Debido a que la presente investigación trata sobre la sección de modos de entrada, el enfoque es claramente sobre el ‘cómo’. La selección del modo de entradaconstituye una de las decisiones más críticas para el éxito de la estrategia internacional. Esta investigación analiza la selección del modo de entrada tanto desde la perspectiva de los costos de transacción como desde la teoría de los recursos y las capacidades, ya que estas perspectivas usan y consideran diferentes supuestos. Dado lo anterior, hacemos 4 proposiciones relacionadas con el estudio de la selección del modo de entrada a partir de los costos de transacción y la teoría de los recursos y las capacidades.
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description_eng |
The liberalization of markets opened doors for expansion and increased the level of competition in numerous markets. This explains that firms are increasinglydiversifying across national borders. This phenomenon is related with the international entrepreneurship, since internationalization is an example of a strategy change that can be defined as an entrepreneurial act. In this context, the scholars in international business have given answers to basically three questions: Why, where, and how do companies internationalize. Since the present research deals with entry modes choice, the focus is clearly on “how.” The choice of entry mode constitutes one of the most critical decisions for international strategy success. This research analyzes the entry mode choice from the perspective of both transaction costs and resource based theory, because these perspectives use different assumptions and consider different assumptions. Given this, I propose 4 propositions related with the study of entry mode choice from the transaction costs and resource based theory.
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author |
Yánez - Jara, Víctor Manuel Barrientos Oradini , Nicolás Araya - Castillo, Luis Acevedo Duque, Ángel |
author_facet |
Yánez - Jara, Víctor Manuel Barrientos Oradini , Nicolás Araya - Castillo, Luis Acevedo Duque, Ángel |
topicspa_str_mv |
internacionalización, selección del modo de entrada, teoría de los costos de transacción, teoría de los recursos y las capacidades. internacionalização, seleção do modo de entrada, teoria dos custos de transação, teoria dos recursos e as capacidades. |
topic |
internacionalización, selección del modo de entrada, teoría de los costos de transacción, teoría de los recursos y las capacidades. internacionalização, seleção do modo de entrada, teoria dos custos de transação, teoria dos recursos e as capacidades. Internationalization, entry mode choice, transaction costs theory, resource based theory. |
topic_facet |
internacionalización, selección del modo de entrada, teoría de los costos de transacción, teoría de los recursos y las capacidades. internacionalização, seleção do modo de entrada, teoria dos custos de transação, teoria dos recursos e as capacidades. Internationalization, entry mode choice, transaction costs theory, resource based theory. |
citationvolume |
6 |
citationissue |
1 |
citationedition |
Núm. 1 , Año 2019 : enero-junio |
publisher |
Sabaneta: Fundación Universitaria Ceipa, 2014- |
ispartofjournal |
Revista Perspectiva Empresarial |
source |
https://revistas.ceipa.edu.co/index.php/perspectiva-empresarial/article/view/228 |
language |
Inglés |
format |
Article |
rights |
http://purl.org/coar/access_right/c_abf2 info:eu-repo/semantics/openAccess Revista Perspectiva Empresarial - 2019 https://creativecommons.org/licenses/by-nc-sa/4.0/ |
references_eng |
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2019-06-03 |
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2019-06-03T00:00:00Z |
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https://revistas.ceipa.edu.co/index.php/perspectiva-empresarial/article/view/228 |
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https://doi.org/10.16967/23898186.228 |
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2389-8186 |
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2389-8194 |
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10.16967/23898186.228 |
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