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Political Hazards, Experience and Sequential Entry Strategies: The International Expansion of Japanese Firms, 1980-1998
2002
Social Science Research Network
We find support for the role of experiential learning in the international expansion process by extending the stages model of internationalization to incorporate a sophisticated consideration of temporal and cross-national variation in the credibility of the policy environment. Using a sample of 3857 international expansions of 665 Japanese manufacturing firms, we build on the concepts of uncertainty and experiential learning, to show that firms that had gathered relevant types of international
doi:10.2139/ssrn.305339
fatcat:4mdecrnplzgmtjrabz3spgxiwy