Host-country location decisions of early movers and latecomers: The role of local density and experiential learning
Publication in refereed journal


Times Cited
Web of Science20WOS source URL (as at 03/12/2020) Click here for the latest count
Altmetrics Information
.

Other information
AbstractService firms such as banks and hotels typically locate multiple foreign affiliates in the same host country. Often, these location patterns occur in waves with early movers followed by latecomers; for example, the early entries of Japanese banks into the U.S. market in the 19705 and 1980s were followed by emerging-market Asian banks in the 1990s. Using insights from the agglomeration and organizational learning literatures, we argue that local density and experiential learning affect location choices within a host country, and that these relationships differ between early movers and latecomers. We test and find support for our arguments using a sample of Asian banks in the United States over 1997-2003. (C) 2011 Elsevier Ltd. All rights reserved.
All Author(s) ListZhu H, Eden L, Miller SR, Thomas DE, Fields P
Journal nameInternational Business Review
Year2012
Month4
Day1
Volume Number21
Issue Number2
PublisherElsevier
Pages145 - 155
ISSN0969-5931
eISSN1873-6149
LanguagesEnglish-United Kingdom
KeywordsAgglomeration; Banks; Emerging market firms; Experiential learning; First mover; Foreign direct investment; Latecomer; Location; Service firms
Web of Science Subject CategoriesBusiness; BUSINESS; Business & Economics

Last updated on 2020-03-12 at 23:42