Firm-specific intangible assets and subsidiary profitability: the moderating role of distance, ownership strategy and subsidiary experience

Contractor, Farok, Yang, Yong and Gaur, Ajai S (2017) Firm-specific intangible assets and subsidiary profitability: the moderating role of distance, ownership strategy and subsidiary experience. Journal of World Business, 51 (6). pp. 950-964. ISSN 1090-9516

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Abstract

How does distance attenuate the value of MNC parent intangible assets on affiliate profitability? Beyond the basic assumption of internalization theory about the positive relationship between parent intangibles and foreign affiliate performance, we test how this relationship, is contingent on ownership strategy, subsidiary experience, and is moderated by the distance between home and host economies, in terms of differences in technological capacity, intellectual property regimes, economic development, language and geography. Based on newly-available accounting data on intangible assets, we test hypotheses on a sample of over 2000 multinationals and 5000 of their overseas affiliates in 45 home and host economies.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: H Social Sciences
Depositing User: Yong Yang
Date Deposited: 03 Oct 2016 13:35
Last Modified: 08 Mar 2017 16:51
URI: http://sro.sussex.ac.uk/id/eprint/63747

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