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Michael Y Hu
Saint Petersburg State University
Publications 3
Published on Apr 1, 2002in International Business Review 3.64
Haiyang Chen1
Estimated H-index: 1
(College of Business Administration),
Michael Y Hu3
Estimated H-index: 3
(SPbU: Saint Petersburg State University)
Using the transaction cost framework, this paper examines the determinants of entry mode choice by multinationals and the impact of the entry mode choice on performance in a unified framework. Using a database of foreign investment in China from 1979 to 1992, we find that the hypothesized effects of transaction cost factors on entry modes are supported. We also find that foreign investment projects whose modes are selected according to the prescription of the transaction cost theory are more suc...
187 Citations Source Cite
Published on Feb 1, 2000in International Business Review 3.64
Yung-Chul Kwon7
Estimated H-index: 7
(Yeungnam University),
Michael Y Hu3
Estimated H-index: 3
(SPbU: Saint Petersburg State University)
Day's conceptual framework linking market orientation with business performance is adapted for the export market, and is empirically tested using a sample of 341 small Korean exporters. The modified measures of market orientation have reasonably high degree of reliability. The prescribed relationships in the framework are supported by empirical findings. The implications are that in a highly volatile export market; market orientation indeed plays a key role in the success of small Korean exporte...
73 Citations Source Cite
Published on Jul 1, 1996in Management International Review 2.69
Yung-Chul Kwon Kwon1
Estimated H-index: 1
Michael Y Hu3
Estimated H-index: 3
Among the various foreign market entry modes, export and foreign production have been frequently used by firms. When entering foreign markets, some firms rely on exporting, while others rely on foreign production or both. The sequential process of internationalisation was first suggested by Vernon (1966) as part of his framework of international product life cycle. This concept was later expounded by Johanson and Vahlne (1977). These later authors suggested a chain of internationalisation stages...
42 Citations