초록 열기/닫기 버튼
Although there is a general consensus that foreign direct investment is an efficient market entry strategy, a number of multinational enterprises experience failure in overseas market as it is concomitant with various and complex difficulties. Many scholars suggest that subsidiary knowledge absorption (from foreign and local parents) is a vehicle to overcome the difficulties and subsequently enhance organizational performance. Thus, this research attempts to identify key determinants positively affecting technology acquisition and compare these factors in three primary entry modes (i.e., international joint ventures (IJVs), international acquisitions,and wholly owned subsidiaries). By using a series of regression examinations, this research finds that 'subsidiary's intent to learn','comparable business background between foreign parents and subsidiaries',and 'participation of foreign expatriate experts in various organizational functions' facilitate technology acquisition in overseas subsidiaries. This research also uncovers that 'active communication between foreign parents and subsidiaries' plays a pivotal role in acquiring technological capabilities in IJVs.
키워드열기/닫기 버튼
foreign direct investment, international joint ventures, international acquisitions, wholly owned subsidiaries, technology acquisition
