{"title":"Technology catchup through knowledge-seeking acquisitions: Historical case of Taiwanese high technology firms","authors":"Barclay E. James , Rajeev J. Sawant","doi":"10.1016/j.intman.2026.101353","DOIUrl":"10.1016/j.intman.2026.101353","url":null,"abstract":"<div><div>Firms from underdeveloped countries, with varying catch-up status, attempt to catch-up technologically with their developed country rivals through knowledge-seeking acquisitions (KSAs). However, technology catch-up firms lack absorptive capacity (ACAP), which impedes absorption of external knowledge sourced through KSAs. How then do technology catch-up firms source external knowledge through KSAs? We leverage variation in acquisition motivations (e.g., KSAs, market-seeking acquisitions) to examine determinants of KSAs. Drawing on ACAP research, we theorize that technology catch-up firms' investments in research and development (R&D) are directed towards developing knowledge identification and assimilation capabilities, that is, developing potential ACAP (PACAP). Consistent with this theoretical approach, we propose and find that firms with greater PACAP R&D investments demonstrate greater propensity for KSAs. Further, low knowledge identification costs and high knowledge assimilation capabilities reduce requisite internal investments for PACAP and thus reduce the positive effect of internal R&D on KSA propensity. Analyses of historical foreign acquisitions by Taiwanese high-technology firms over 2001–2008 support our theory. We contribute to research on how firms upgrade their knowledge bases.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101353"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195931","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"International market withdrawal of family-owned multinationals: Socioemotional wealth heterogeneity under uncertainty","authors":"Kaiyang Sun, Henry Shi","doi":"10.1016/j.intman.2026.101367","DOIUrl":"10.1016/j.intman.2026.101367","url":null,"abstract":"<div><div>International market withdrawal is an important yet under-theorised component of firms' international strategies. Existing international business research largely views withdrawal as a rational response to financial underperformance, overlooking the non-financial objectives that shape decisions of family-owned multinational enterprises (FMNEs). Integrating the socioemotional wealth (SEW) perspective with the mixed-gamble logic, this study examines how distinct SEW dimensions influence FMNEs' international market withdrawal under heightened uncertainty. Using data from Chinese FMNEs during the COVID-19 period from 2019 to 2023, we find that family control increases the likelihood of withdrawal, particularly under financial underperformance, whereas family identification, binding social ties, emotional attachment, and dynastic succession reduce withdrawal propensity. Further analyses show that financial underperformance amplifies asset-protection motives while weakening persistence-enhancing SEW effects. By disaggregating SEW and embedding it within a mixed-gamble framework, this study advances international business exit theory by clarifying how family firm heterogeneity shapes withdrawal behaviour under heightened uncertainty.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101367"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195936","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Longstanding MNE subsidiaries: Toward a theory of subsidiary longevity","authors":"Felix Arndt , Christiaan Röell","doi":"10.1016/j.intman.2026.101349","DOIUrl":"10.1016/j.intman.2026.101349","url":null,"abstract":"<div><div>Longstanding subsidiaries of multinational enterprises (MNEs) remain one of the most undertheorized organizational forms in international business. Much of the literature focuses on market entry modes, subsidiary roles and mandates, and headquarters control mechanisms – particularly in the early stages of market entry – with little regard to the long-term evolution of foreign subsidiaries as they persist through institutional reforms, corporate strategy cycles, and political transitions. We conceptualize longstanding subsidiaries as a distinct category within MNEs, identify longevity as their defining characteristic, and reposition longevity as an outcome of repeated cycles of adaptation, renewal, and reconfiguration over time. We challenge common assumptions within the international business literature and propose that a theory of subsidiary longevity requires a temporal lens encompassing at least four dimensions: legitimacy over time; strategic identity and role reconfiguration; embeddedness and autonomy; and organizational memory and decision-making.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101349"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195927","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The impact of embeddedness (in)congruence on reverse knowledge transfer – An agency theory perspective","authors":"Lei Wang , Yang Yu","doi":"10.1016/j.intman.2026.101351","DOIUrl":"10.1016/j.intman.2026.101351","url":null,"abstract":"<div><div>Reverse knowledge transfer (RKT) is critical for multinational corporations (MNCs), yet its relationship with subsidiary embeddedness, particularly given varied internal and external dimensions, remains unclear. This limits our understanding of how to manage subsidiary embeddedness to maximize RKT. Drawing on a congruence perspective and agency theory, we argue that agency problems arise when internal and external embeddedness are incongruent; thus, RKT is maximized when these two dimensions are congruent, regardless of their absolute levels. Using polynomial regression and response surface methodology, we test this congruence effect and examine the moderating effects of cultural distance and MNCs' host-country experience. Our study offers insights into the diverse configurations of subsidiary embeddedness and contributes a novel perspective on parent-subsidiary relationships and knowledge flows within MNCs.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101351"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195929","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nigel Driffield , Saul Estrin , Chris Jones , Ha-Phuong Luong
{"title":"Where angels fear to tread: FDI into sanctioned locations","authors":"Nigel Driffield , Saul Estrin , Chris Jones , Ha-Phuong Luong","doi":"10.1016/j.intman.2026.101352","DOIUrl":"10.1016/j.intman.2026.101352","url":null,"abstract":"<div><div>Multinational enterprises (MNEs) are increasingly challenged by the strategic implications of economic sanctions, which are imposed in response to geopolitical instability, international conflict, and violations of international norms. In this paper, we propose that superior resources and capabilities enhance the ownership advantages of MNEs, enabling them to pursue foreign direct investment (FDI) in sanctioned locations. We also build on institutional theory to examine contextual conditions and find that effective home country institutions deter investment to sanctioned locations and decrease the magnitude of the moderating effect of firm resources and experience. Moreover, being in a sanctioned location leads firms to invest more to other sanctioned locations because of the resulting specific ownership advantages. We test our conjectures on a large panel dataset and find support for our arguments. In post hoc analysis, we also examine the impact of sanctions on locational choice, highlighting that they have a deterrent effect. Our results have important implications for managers and policy makers in terms of international management and institutional dynamics.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101352"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195930","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Friendshoring in international business: Theoretical Foundations and a Typological Framework","authors":"Hadi Zarea , Zhan Su","doi":"10.1016/j.intman.2026.101364","DOIUrl":"10.1016/j.intman.2026.101364","url":null,"abstract":"<div><div>Geopolitical tensions increasingly reshape international business discourse, from altering the criteria used to select suppliers and buyers in global value chains to influencing ownership structures in multinational enterprises and expanding regulatory interventions grounded in national-security concerns. These shifts have clear historical antecedents in diplomatic and economic practices, but they have recently been reframed under the label “friendshoring.” This article examines the concept of friendshoring through three complementary approach, operational reconfiguration, international relations, and terminology, to position the phenomenon across multiple analytical domains. Building on this examination, the study identifies two core dimensions that underpin friendshoring: mutual exchange, grounded in resource dependence theory, and embeddedness capacity, informed by stakeholder theory. Drawing on these dimensions, the article develops a four-quadrant typology of friendshoring that distinguishes Contractual Alliance, Short-term Alliance, Supportive Alliance, and Long-term Alliance. Finally, the typology is used to revisit and deconstruct widely held myths about friendshoring, revealing conceptual ambiguities and analytical gaps that continue to shape contemporary debates.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101364"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195935","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Safeguard or shackle? The dual effect of extradition treaties on emerging market firms' host country location choice","authors":"Qi Wu , Shiqi Zhang , Qizhen Zhong , Hualin Chu","doi":"10.1016/j.intman.2025.101315","DOIUrl":"10.1016/j.intman.2025.101315","url":null,"abstract":"<div><div>Given the changeable external environment and high demand for extradition treaties' protection effect in the era of growing cross-border crimes, we replicate and extend a prominent study by Hu and colleagues' work (Journal of World Business 59: 101542, 2024), which found that extradition treaties deterred foreign direct investment (FDI) by Chinese firms during 2001–2013. Arguing that the protective function of such treaties may have become more salient over time, we re-examine this relationship over an extended period (2001–2022). Our analysis reveals a striking reversal of the original finding: extradition treaties now attract Chinese FDI. We provide evidence that this temporal shift is driven by an enhanced “safeguard” effect, where treaties increase investors' perceived safety in an era of rising overseas risks. Furthermore, by refining the measurement of “escape motivation”, we demonstrate that the treaties' deterrent effect (“shackle”) primarily applies to a specific subset of politically exposed firms. Overall, our study highlights the dual and dynamic effects of international legal institutions, whose role can be both a shackle and a safeguard.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101315"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195926","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Bin Liu , Eric W.K. Tsang , David Ahlstrom , Linda Hsieh
{"title":"More replication studies are needed in international management!","authors":"Bin Liu , Eric W.K. Tsang , David Ahlstrom , Linda Hsieh","doi":"10.1016/j.intman.2026.101369","DOIUrl":"10.1016/j.intman.2026.101369","url":null,"abstract":"<div><div>Replication studies help establish cumulative knowledge by verifying or falsifying previous empirical findings, but this methodological approach receives scant attention in the international management (IM) domain. The objective of this special issue is to promote replication efforts in IM. In this editorial, we present the evolution of replication studies and their specific meaning to IM, and synthesize insights from the seven articles included in this special issue to identify future research directions. In particular, we recommend novel methodological trials and a collective scholarly commitment to replication studies.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101369"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195938","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Internationalization and data capabilities: An institutional void perspective","authors":"Bibek Bhattacharya, Lakshmi Goyal, Rajarshi Mukherjee, Adrija Majumdar","doi":"10.1016/j.intman.2026.101371","DOIUrl":"10.1016/j.intman.2026.101371","url":null,"abstract":"<div><div>In today's rapidly evolving global economy, although data intelligence has become a critical capability for firms seeking to thrive in competitive markets, not all firms are inclined to invest in it. Addressing this under-examined aspect, our study examines which firms invest more in data intelligence capabilities. Situating this study in an emerging market context, we predict that the extent of internationalization pursued by emerging economy firms is positively related to their investments in data intelligence capabilities. We further develop competing hypotheses to suggest that the quality of the home country institutions moderates the above-mentioned baseline relationship. We test our predictions on a sample of 3851 Indian firms from 1996 to 2022 and find support for our baseline hypothesis. We also find that with the improvement in the quality of home country institutions, firms with a higher degree of internationalization invest more in data intelligence capabilities. Our findings contribute to research on institutional theory, institutional voids, and the literature on internationalization by emerging economy firms.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101371"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How innovation performance feedback influences R&D internationalization: Evidence from emerging economic firms","authors":"Mengya Li , Chen Hao","doi":"10.1016/j.intman.2026.101368","DOIUrl":"10.1016/j.intman.2026.101368","url":null,"abstract":"<div><div>Innovation performance feedback is a fundamental mechanism that shapes firms' strategic adaptation under uncertainty. Drawing on the behavioral theory of the firm (BTF), this study explores how firms interpret and act upon innovation performance feedback when they are configuring their R&D internationalization portfolios. On the basis of data from Chinese listed manufacturing firms between 2015 and 2021, we find that firms experiencing innovation performance surplus expand both the breadth and depth of their global R&D activities, whereas those facing innovation performance shortfalls selectively retreat, particularly from depth-oriented engagement. Furthermore, firms' international experience and industry technological uncertainty can moderate these relationships, amplifying or constraining the impact of innovation performance signals on internationalization behavior. This research provides both a theoretical extension of the BTF from a configurational perspective and practical implications for firms navigating global innovation strategies in complex environments.</div></div>","PeriodicalId":47937,"journal":{"name":"Journal of International Management","volume":"32 3","pages":"Article 101368"},"PeriodicalIF":4.9,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148195937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}