The role of endogenous and exogenous risk in FDI entry choices

• المؤلفون الرئيسيون: BUCKLEY, Peter J., CHEN, Liang, CLEGG, L. Jeremy, VOSS, Hinrich
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2020
• الموضوعات: Location choice; Experience; Political risk; FDI; Behavioural theory; International Business; Strategic Management Policy
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/7212; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8211/viewcontent/ENDOGENOUS_and_EXOGENOUS_RISK_v2019_08_31_v2.pdf

FDI research has presented consistent evidence that firm experience moderates the effect of risk on entry in a new foreign market. This conclusion is contested by recent research. By revisiting the conceptualisation of risk by economists and behaviourists, we show that the proposed learning mechanis...