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Theoretical foundations of equity based foreign market entry decisions : a review of the literature and recommendations for future research

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Surdu, Irina and Mellahi, Kamel (2016) Theoretical foundations of equity based foreign market entry decisions : a review of the literature and recommendations for future research. International Business Review, 25 (5). pp. 1169-1184. doi:10.1016/j.ibusrev.2016.03.001 ISSN 0969-5931.

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Official URL: http://dx.doi.org/10.1016/j.ibusrev.2016.03.001

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Abstract

This paper reviews the theoretical foundations of the equity based foreign market entry (FME) decisions literature. We analyse 1,055 academic FME papers published over four decades (1970-2013). We identify and analyse the theories that informed and guided FME research over time. Our review indicates that scholars have recently started to challenge some of the core assumptions of established theories, draw on and integrate insights from multiple theoretical perspectives which, in turn, generated a multiplicity of approaches for studying FME decisions and their performance outcomes. The paper discusses the explanatory power of the different theories, assesses the relevance of the different theoretical perspectives to our understanding of current FME phenomena and recommends directions for further research.

Item Type: Journal Article
Divisions: Faculty of Social Sciences > Warwick Business School
Journal or Publication Title: International Business Review
Publisher: Elsevier
ISSN: 0969-5931
Official Date: October 2016
Dates:
DateEvent
October 2016Published
8 March 2016Available
1 March 2016Accepted
26 March 2015Submitted
Volume: 25
Number: 5
Page Range: pp. 1169-1184
DOI: 10.1016/j.ibusrev.2016.03.001
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
Date of first compliant deposit: 11 March 2016
Date of first compliant Open Access: 8 October 2017
Adapted As:

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