TY - JOUR
T1 - Changing vertical integration strategies under pressure from foreign competition
T2 - The case of us and german multinationals
AU - Hutzschenreuter, Thomas
AU - Gröne, Florian
PY - 2009/3
Y1 - 2009/3
N2 - This study contributes to the emerging body of research into the influence of foreign competition on firm scope. Industrial organization economics, the resource-based view of the firm, and transaction cost economics consistently predict vertical de-integration in the face of intensifying pressure from imports and foreign direct investment. We show this was the case for 407 US firms between 1987 and 2003. Results for a panel of 95 German firms reveal a similar reaction to pressure from an increase in imports, but show no reaction to increased exposure to incoming foreign direct investment during the same time frame.
AB - This study contributes to the emerging body of research into the influence of foreign competition on firm scope. Industrial organization economics, the resource-based view of the firm, and transaction cost economics consistently predict vertical de-integration in the face of intensifying pressure from imports and foreign direct investment. We show this was the case for 407 US firms between 1987 and 2003. Results for a panel of 95 German firms reveal a similar reaction to pressure from an increase in imports, but show no reaction to increased exposure to incoming foreign direct investment during the same time frame.
UR - http://www.scopus.com/inward/record.url?scp=58449103255&partnerID=8YFLogxK
U2 - 10.1111/j.1467-6486.2008.00811.x
DO - 10.1111/j.1467-6486.2008.00811.x
M3 - Article
AN - SCOPUS:58449103255
SN - 0022-2380
VL - 46
SP - 269
EP - 307
JO - Journal of Management Studies
JF - Journal of Management Studies
IS - 2
ER -
