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Abstract:
By drawing upon imitation research, this study addresses the role peers play in rapid internationalization by emerging market firms (EMFs). We argue that imitation of industry peers' international expansion accelerates EMFs' internationalization speed through two mutually reinforcing mechanisms: information-based imitation, which legitimizes similar operations and conveys valuable information; and rivalry-based imitation, which exerts considerable competitive pressure. We find that industry peers' international expansion is positively related to EMFs' internationalization speed. Such positive effect is stronger when EMFs lack prior international experience and when industry competitive intensity is strong.
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Source :
JOURNAL OF WORLD BUSINESS
ISSN: 1090-9516
Year: 2022
Issue: 6
Volume: 57
8 . 5 1 3
JCR@2020
ESI Discipline: ECONOMICS & BUSINESS;
ESI HC Threshold:7
Cited Count:
SCOPUS Cited Count: 7
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 3
Affiliated Colleges: