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Multinationality and technical efficiency: a neglected perspective.
- Article from:
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Management International Review
- Article date:
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January 1, 2008
- Author:
- Li, Lei
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Copyright informationCOPYRIGHT 2008 Gabler Verlag. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Abstract and Key Results
* This paper addresses production function and technical efficiency in the context of multinational enterprises (MNEs). It applies the stochastic frontier production function technique (SFPF) to investigating a sample of U.S. manufacturing MNEs and finds that an MNE normally encounters two phases of "liability of internationalization" in the course of international expansion. In addition, it shows that the firms with intensive investment in R&D and advertising development tend to alleviate or even avoid the "liability of internationalization" and enjoy a prolonged period of effective international expansion.
* The relationship between ...