Kim Clark

Influence of knowledge resources on exploratory and exploitative international strategic alliances: Effects of the institutional environment

We develop a framework that explains the role of knowledge resources in the formation of international strategic alliances by multinational corporations. The focus is on the value and uniqueness of knowledge resources and two types of learning international strategic alliances, exploratory and exploitative. Also, we explain how the institutional environment – a host countrys property and contractual rights, rule of law and the institutional distance between the countries of the partnering firms – affects the attractiveness of these two forms of alliances.

Performance measurement and antecedents of early internationalizing firms: A systematic assessment

With the increasing importance of early internationalizing firms (EIFs), recent literature has shown a rapidly growing research interest in EIF performance. To enhance our understanding of what drives EIF performance, we conduct a systematic analysis of performance antecedents and performance measures in current empirical research. This method allows us to: (i) systematically analyze EIF literature to identify how performance has been examined empirically; (ii) methodically identify and synthesize the antecedents of performance in respect to EIFs’ specific resources, capabilities, and strategies; and (iii) to identify areas that are understudied. Based on the analysis, we make suggestions for future research.

Selecting State or Private Joint Venture Partners in Emerging Markets: Impact of Liability of Foreignness and Rule of Law

The present study develops an international joint venture (IJV) partner selection framework to explain the choice between state-owned or privately owned local partners in the context of emerging economies. We suggest that once an IJV is selected as the mode of entry, a multinational enterprises strategic motivations – that is, efficiency seeking, market seeking and knowledge seeking – will influence its choice of IJV partner type: state-owned enterprise or privately owned firm. We argue that liability of foreignness and rule of law moderate the multinational enterprises selection of IJV partner type.

Impact of Institutional Coordination on National Entrepreneurship: A Conceptual Framework

The objective of this paper is to understand how the institutional context of a country affects the rate of its entrepreneurship. Drawing upon varieties of capitalism and the network approach, we propose a counterintuitive approach to cross-country institutional environments to elucidate how political and economic institutions of coordinated market economies (CMEs) negatively affect the early stage of entrepreneurship. To support our assertion, an empirical examination is conducted using Global Entrepreneurship Monitor data. Furthermore, we examine the institutional impact on the early stages of entrepreneurial process to explore underlying reasons why institutional coordination of CMEs constrains the early stages of entrepreneurship.