INTERNATIONAL EXPANSION STRATEGY OF JAPANESE FIRMS - CAPABILITY BUILDING THROUGH SEQUENTIAL ENTRY

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This study examined the sequential entry process of Japanese electronic manufacturing firms into the United States during the period 1976-89. The firms first entered their core businesses and those in which they had a strong competitive advantage over local firms to reduce the hazard of failure. Learning from early entries enabled them to launch further entries into noncore businesses and into areas of weaker competitive advantage. The overall evidence suggests that Japanese firms are building capabilities to operate overseas through sequential entry.
Publisher
ACAD MANAGEMENT
Issue Date
1995-04
Language
English
Article Type
Article
Keywords

FOREIGN DIRECT-INVESTMENT; UNITED-STATES; JOINT VENTURES; DIVERSIFICATION; OPTION; VIEW

Citation

ACADEMY OF MANAGEMENT JOURNAL, v.38, no.2, pp.383 - 407

ISSN
0001-4273
DOI
10.2307/256685
URI
http://hdl.handle.net/10203/256170
Appears in Collection
MT-Journal Papers(저널논문)
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