Mayer, Michael C. J., Stadler, Christian and Hautz, Julia (2015) The relationship between product and international diversification : the role of experience. Strategic Management Journal, 36 (10). pp. 1458-1468. doi:10.1002/smj.2296

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Abstract

We establish prior diversification experience as a key determinant of the relationship between growth of product and international diversification. Prior diversification experience allows firms to overcome short-run constraints on simultaneous diversification growth imposed by the difficulty to transfer tacit knowledge, ambiguous competencies, and limited absorptive capacity. Studying U.S. and European firms, we find a positive relationship between growth in product and international scope for firms with high and a negative one for those with little prior diversification experience. Further, we find that product diversification experience has greater impact than international diversification experience.

Item Type:	Journal Article
Divisions:	Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School
Journal or Publication Title:	Strategic Management Journal
Publisher:	John Wiley & Sons Ltd.
ISSN:	0143-2095
Official Date:	October 2015
Dates:	Date Event October 2015 Published 18 August 2014 Available 15 May 2015 Accepted
Volume:	36
Number:	10
Page Range:	pp. 1458-1468
DOI:	10.1002/smj.2296
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access

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