Resource commitment, entry timing, and market performance of foreign direct investments in emerging economics: The case of Japanese International Joint Ventures in China

Author

Takehiko Isobe, University of Marketing and Distribution Sciences
Shige Makino, Chinese University of Hong Kong
David B. Montgomery, Singapore Management UniversityFollow

Publication Type

Journal Article

Version

publishedVersion

Publication Date

2000

Abstract

This study examined whether early movers and technology leaders attained superior performance in emerging economic regions. We assessed the determinants and performance consequences of two key aspects of entry strategy, resource commitment to technology transfer and timing of entry, using survey data from over 220 Sino-Japanese joint ventures (JVs) in China. Both high commitment and early entry had positive impacts on the perceived economic performance of the JVs. Yet these relationships were found to be significantly contingent on several internal and external factors, such as the strategic importance of an investment, parental control of a JV, and the availability of supporting local infrastructure.

Discipline

Asian Studies | International Business

Research Areas

Strategy and Organisation

Publication

Academy of Management Journal

Volume

43

Issue

3

First Page

468

Last Page

484

ISSN

0001-4273

Identifier

10.2307/1556405

Publisher

Academy of Management

Citation

Isobe, Takehiko; Makino, Shige; and Montgomery, David B.. Resource commitment, entry timing, and market performance of foreign direct investments in emerging economics: The case of Japanese International Joint Ventures in China. (2000). Academy of Management Journal. 43, (3), 468-484.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/2306

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Additional URL

https://doi.org/10.2307/1556405