进入未知:公司国际足迹的广度和大胆程度

IF 5.7 2区 管理学 Q1 BUSINESS
Gábor Békés, Gabriel R. G. Benito, Davide Castellani, Balázs Muraközy
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引用次数: 10

摘要

企业在国际化的过程中会留下足迹。超越对企业国际化的简单衡量,我们将企业国际足迹的程度概念化并衡量为其活跃的地点模式组合的数量,而足迹的大胆程度表明了与其他具有类似程度的公司相比,企业国际活动的广泛程度(跨越模式和地点)。广度描述的是国际活动的复杂性,大胆描述的是在不太了解的情况下开展业务所承担的风险。与全球战略的微观基础镜头一致,我们发现大胆与管理冒险属性相关,而国际化程度与有利于管理更复杂业务的能力密切相关。这些指标为分析国际化与绩效之间的关系提供了非常合适的工具。衡量企业国际足迹的传统方法并不能很好地描述它们在全球范围内所做的事情。我们对公司的国际足迹有了更细致、更敏锐的看法,并对复杂性和风险承担在国际化中的作用有了新的思考方式;我们分别称之为足迹的广度和广度。新的衡量标准对于分析国际化与绩效之间的关系可能特别有用,这是战略研究可能向管理人员和商业决策者提供的核心内容。这些新措施是对全球战略决策进行更好和管理相关理解的垫脚石。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

Into the unknown: The extent and boldness of firms' international footprint

Into the unknown: The extent and boldness of firms' international footprint

Research Summary

Firms make footprints as they internationalize. Going beyond simple measures of firms' internationalization, we conceptualize and measure the extent of a firm's international footprint as the number of location-mode combinations it is active in, whereas the boldness of the footprint shows how widespread (across modes and locations) firms' international activities are, compared to other firms with similar extent. Extent describes the complexity of international activities, and boldness captures the risk-taking associated with operating in less know contexts. Consistent with a microfoundations lens on global strategy, we find that boldness correlates with managerial risk-taking attributes, while the extent of internationalization strongly correlates with capabilities conducive to managing more complex operations. These measures offer a highly suitable tool for analyzing the relationship between internationalization and performance.

Managerial Summary

Traditional ways of measuring firms' international footprints do not describe well what they do globally. We develop a more nuanced and sharper view of firms' international footprints and a new way of thinking about the roles of complexity and risk-taking in internationalization; what we call the extent and the boldness of a footprint, respectively. The new measures are potentially particularly useful for analyzing the relationship between internationalization and performance, which is at the core of what strategy research may offer to managers and business decision-makers. The new measures are a stepping-stone toward a better and managerially relevant understanding of global strategy decisions.

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来源期刊
CiteScore
14.20
自引率
11.80%
发文量
46
期刊介绍: The Global Strategy Journal is a premier platform dedicated to publishing highly influential managerially-oriented global strategy research worldwide. Covering themes such as international and global strategy, assembling the global enterprise, and strategic management, GSJ plays a vital role in advancing our understanding of global business dynamics.
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