Managerial Limits to International Expansion by Acquisitions and Greenfields: An Empirical Examination of Japanese Direct Investments in the United States

I test these hypotheses using a sample of Japanese manufacturing investments made in the United States between 1978 and 1990. The results show that Japanese firms that followed acquisition strategies had lower growth than those that employed greenfield strategies in three cases: (1) when the industries entered were characterized by tacit knowledge, (2) when they were highly unionized, and (3) when the firms transferred firm-specific technology. On the other hand, they were likely to achieve higher growth when they transferred marketing competencies.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Business Administration

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Tan, Danchi

Contributors dc:contributor

• Hennart, Jean-Francois

• Business Administration, Management

Language dc:language

eng

Identifier

(MiAaPQ)AAI9990156

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/84616