Foreign market entry strategies and post-entry growth: Acquisitions vs greenfield investments

@article{Tan2009ForeignME,
  title={Foreign market entry strategies and post-entry growth: Acquisitions vs greenfield investments},
  author={Danchi Tan},
  journal={Journal of International Business Studies},
  year={2009},
  volume={40},
  pages={1046-1063}
}
We examine the relationship between the foreign market entry strategy and the subsequent growth of a subsidiary. We build upon the Penrose theory of firm growth, and on the organizational economics, international management, and foreign market entry strategy literatures. We hypothesize that the post-entry growth of acquisitions is positively associated with weak and codifiable interdependence within the multinational enterprise network, whereas the post-entry growth of greenfield investments is… CONTINUE READING