Partnership or self-reliance entry modes: Large and small technology-based enterprises' strategies in overseas markets

被引:10
|
作者
Li L. [1 ]
Qian G. [2 ]
机构
[1] School of Administrative Studies, Atkinson College, York University, Toronto, ON M3J 1P3
[2] The Chinese University of Hong Kong, Hong Kong
关键词
Entry modes; Partnerships; Self reliance; Small and large enterprises;
D O I
10.1007/s10843-008-0029-3
中图分类号
学科分类号
摘要
This study compares large firms against small and medium-sized firms in technology industries and assesses the differences between them in the choices between partnership and self-reliance entry modes. A sample of 166 large, small, and medium-sized firms in technology industries was analyzed using LISREL 8.30. Results indicate that, given innovative advantage, large and small and medium-sized firms both prefer self-reliance entry modes. With violent market dynamism, large firms prefer self-reliance entry modes while small and medium-sized firms prefer partnership entry modes. When high promotional effort is required, small and medium-sized firms prefer partnership entry modes and large firms may prefer partnership entry modes as well. This study provides important guidance for managers of large and small technology-based firms to select their entry modes when they enter overseas markets. © Springer Science+Business Media, LLC 2008.
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页码:188 / 208
页数:20
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