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[10月20日]管理学workshop

发布日期：2016-10-18 03:00    来源：北京大学国家发展研究院

CATEGORIZING THE LIABILITY OF FOREIGNNESS:OWNERSHIP, LOCATION, AND INTERNALIZATION-SPECIFIC DIMENSIONS

Speaker: Nan Zhou, (PhD University of Pennsylvania, Wharton School) assistant professor at SKOLKOVO Moscow School of Management

Time: October 20th (Thursday) 12:30pm-14:00pm

Location: Wanzhong Building（万众小教室）National School of Development, Peking U.

 

Abstract

 

This study bridges the literature on the liability of foreignness (LoF) and cross-national distance. Following the ownership-location-internalization (OLI) paradigm, we categorize the LoF into three dimensions: ownership-specific LoF, location-specific LoF, and internalization-specific LoF, each of which reduces a specific advantage of the multinational firm. We first define the three dimensions of the LoF and then argue that each dimension is related to different types of costs. We further explain that different types of costs are associated with different dimensions of cross-national distance, and firms face different types of the LoF and associated costs when they conduct different types of foreign direct investment. We test these hypotheses in the context of Chinese listed firms investing abroad, finding support for most of the predictions.

 

Keywords: liability of foreignness, distance, foreign entry

 

BIO

Nan Zhou (PhD University of Pennsylvania, Wharton School) is currently a senior research fellow in Development and Planning Department at China Minsheng Bank. She was an assistant professor at SKOLKOVO Moscow School of Management and a research fellow at Skolkovo Business School - Ernst & Young Institute for Emerging Market Studies from 2011 to 2013. Her research addresses questions that intersect the fields of corporate strategy and international business, focusing primarily on understanding how strategic decisions such as product diversification and globalization are influenced by firm resources and institutional environments in the context of emerging markets. She has published more than ten papers at various academic journals, including Strategic Management Journal, Journal of International Business Studies, Global Strategy Journal, Asia Pacific Journal of Management, Journal of World Business, and Management and Organization Review.

 

For further information about the speaker, please visit:

http://www.skolkovo.ru/public/en/site_content/71-siems-researchers/729-research-nan-zhou/

 

Your participation is warmly welcomed! 


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