AIB 2012 Conference Proceedings - Academy of International ...

MONDAY
The Role of Power-Dependence on Innovation Generation in International Customer-Supplier Relationship
Ruey-Jer Bryan Jean, National Chengchi University
Rudolf Sinkovics, University of Manchester
Daekwan Kim, Florida State University
While innovations generated by supply channel relationships, as opposed to individual partners, are playing an
increasingly important role in the success of all supply chain partners, there has been a dearth of research in
the literature on how supply chain relationships cultivate the process of such innovation generation. This study
explores supplier market intelligence generation, relationship learning, systems collaboration, and technological
uncertainty, as antecedents of supplier innovation generation, which is, in turn, hypothesized to positively affect
the relationship performance of the supplier. Furthermore, supplier dependence on the buyer is investigated as
a moderator of the effects of such antecedents on supplier innovation generation. According to the empirical
tests, which used a sample of 236 Taiwanese executives, most of the hypotheses in the study are supported.
Some implications of the results are discussed at the end. (For more information, please contact: Ruey-Jer
Bryan Jean, National Chengchi University, Taiwan: bryan@nccu.edu.tw)
Session: 2.3.7 - Competitive
Track: 3 - IB Theory, FDI, and Entry Mode
Emerging-Market MNEs
Presented On: July 2, 2012 - 13:00-14:15
Chair: Lin Cui, Australian National University
Macro Determinants of Chinese Cross-border Mergers and Acquisitions in Developed Markets
Monica Yang, Adelphi University
This paper investigates the factors determining the level of cross-border mergers and acquisitions (CBMA) by
emerging market firms in developed markets. We draw on traditional economic and the organizational learning
perspectives to develop several hypotheses. Using panel data of Chinese CBMA in nine developed markets from
1996 to 2010, we found that economic factors (e.g., the wealth and strategic asset of host market) and
financial factors (e.g., the size and liquidity of financial market) positively affected the number of CBMAs by
China in developed markets. Other economic factors (e.g., the size of market and the level of openness to
international trade) and the effectiveness of government were negatively influenced the number of CBMAs in
these developed markets. Finally, the growth of market and the "learning from others" factor had no significant
impact. (For more information, please contact: Monica Yang, Adelphi University, USA: yang2@adelphi.edu)
Sub-National Institutional Heterogeneity and Entry Ownership: Evidence of Investment from Mexico, India, and
China into Developed Markets
Victor Zitian Chen, University of North Carolina; Columbia University
Jing Li, Simon Fraser University
Daniel M. Shapiro, Simon Fraser University
This paper focuses on the decision of entry ownership of emerging-market (EM) MNEs into developed markets
(DMs). First, I argue that, all else being equal, the direct effect on the choice of full-ownership entry is positive,
because whereas MNEs from EMs with weaker market-based institutions must engage in joint ventures for
adaption to local external legitimacy in DMs, institutional development at home will reduce uncertainty with
respect to legitimacy, and the resulting need for joint ownership, and thus increase the likelihood that firms will
choose full-ownership entry. Second, institutional development at home encourages EM MNEs to build FSAs
such as technological capabilities, which in turn lead them to seek full ownership of their foreign subsidiaries.
AIB 2012 Conference Proceedings
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