Learning from Others: the Impact of Vicarious Experience on the Psychic Distance and FDI Relationship
Abstract
This study analyzes the potential moderating effect of vicarious experience on the negative influence of psychic distance stimuli on foreign direct investment. Multinational enterprises can learn from the experience of other firms and benefit from higher opportunities to identify best practices and mistakes, acquire knowledge and develop capabilities, establish interactions and collaborations with suitable partners and gain legitimacy to...
Paper Details
Title
Learning from Others: the Impact of Vicarious Experience on the Psychic Distance and FDI Relationship
Published Date
Jan 26, 2016
Volume
56
Issue
5
Pages
633 - 664
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Notes
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