TY - JOUR
T1 - Subsidiary goals, learning orientations, and ownership strategies of multinational enterprises
T2 - evidence from foreign direct investments in Korea
AU - Lee, Jeoung Yul
AU - Kwak, Jooyoung
AU - Kim, Kyoung Ae
N1 - Publisher Copyright:
© 2014, © 2013 Taylor & Francis.
Copyright:
Copyright 2014 Elsevier B.V., All rights reserved.
PY - 2014/10/27
Y1 - 2014/10/27
N2 - This paper investigates the links among subsidiary goals, learning orientations, and ownership strategies of multinational enterprises (MNEs). The authors hypothesize that an MNE's ownership strategy is determined by subsidiary goals and learning orientations. Furthermore, interactions between learning orientations and subsidiary goals are predicted to influence the ownership strategy. Based on 723 foreign subsidiaries of MNEs operating in Korea, our findings suggest that when MNE foreign subsidiaries influence ownership choice, market-seeking goals and resource-seeking goals have a stronger fit with the exploitation orientation than with the exploration orientation. In contrast, the category of knowledge-seeking goals has a stronger fit with exploration than with exploitation.
AB - This paper investigates the links among subsidiary goals, learning orientations, and ownership strategies of multinational enterprises (MNEs). The authors hypothesize that an MNE's ownership strategy is determined by subsidiary goals and learning orientations. Furthermore, interactions between learning orientations and subsidiary goals are predicted to influence the ownership strategy. Based on 723 foreign subsidiaries of MNEs operating in Korea, our findings suggest that when MNE foreign subsidiaries influence ownership choice, market-seeking goals and resource-seeking goals have a stronger fit with the exploitation orientation than with the exploration orientation. In contrast, the category of knowledge-seeking goals has a stronger fit with exploration than with exploitation.
UR - http://www.scopus.com/inward/record.url?scp=84908209260&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84908209260&partnerID=8YFLogxK
U2 - 10.1080/13602381.2013.859427
DO - 10.1080/13602381.2013.859427
M3 - Article
AN - SCOPUS:84908209260
VL - 20
SP - 558
EP - 577
JO - Asia Pacific Business Review
JF - Asia Pacific Business Review
SN - 1360-2381
IS - 4
ER -