Quotation Mohr, Alexander, Batsakis, Georgios. 2018. Firm resources, cultural distance and simultaneous international expansion in the retail sector. International Business Review 27 (1), 113-124.


RIS


BibTeX

Abstract

Despite the fact that many firms simultaneously expand into multiple new markets, we know very little about why firms choose this type of international expansion instead of sequentially entering new markets. Drawing on the resource-based view (RBV) we argue that in order to engage in simultaneous international expansion firms have to be able to draw on intangible assets, be financially strong, and have international experience that will enable them to reduce and/or shoulder the strains on managerial resources, time compression diseconomies and costs of simultaneously entering multiple new overseas markets. We further expect the strength of these associations to be moderated by the cultural distance between a firm’s home country and newly entered countries. Our analysis of the international expansion of the sales operations of 102 retailers over the period 2003–2012, during which these retailers sequentially or simultaneously entered into a total 836 overseas markets, largely supports our hypotheses. Our study underlines the usefulness of the RBV for understanding simultaneous international expansion as an important phenomenon that has received only scant scholarly attention to date.

Tags

Press 'enter' for creating the tag
  • Simultaneous international expansion;
  • Resource constraints;
  • Time compression diseconomies;
  • Costs of doing business abroad;
  • Retailers
  • Empirical study

Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal International Business Review
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new STRAT-B, WH-B
Language English
Title Firm resources, cultural distance and simultaneous international expansion in the retail sector
Volume 27
Number 1
Year 2018
Page from 113
Page to 124
Reviewed? Y
DOI http://dx.doi.org/10.1016/j.ibusrev.2017.05.010

Associations

People
Mohr, Alexander (Details)
External
Batsakis, Georgios (Brunel University, United Kingdom)
Organization
Institute for International Business (Details)
Google Scholar: Search