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dc.contributor.authorErramilli, M. Krishna
dc.contributor.authorAgarwal, Sanjeev
dc.contributor.authorDev, Chekitan
dc.description.abstractMany studies have examined the choice between different types of equity and non-equity modes; however, none has focused on the choice between different types of non-equity modes that service firms employ routinely. This study develops a theoretical framework based on the “organizational capability” perspective to explain the choice between two non-equity modes— franchising and management-service contracts. While previous studies are based on the premise that foreign market entrants choose a mode—equity or non-equity—that offers them most control given their particular circumstances, the premise of this study is that foreign entrants choose a non-equity mode that, in addition, offers effective transfer of the firm's capabilities to the host-country venture.
dc.rightsRequired Publisher Statement: © Palgrave Macmillan . Final version published as: Erramilli, M. K., Agarwa, S., & Dev, C. S. (2002). Choice between non-equity entry modes: An organizational capability perspective. Journal of International Business Studies, 33(2), 223-242. Reprinted with permission. All rights reserved.
dc.subjectorganizational capability
dc.subjecthotel industry
dc.subjectfirm performance
dc.subjectequity models
dc.titleChoice Between Non-Equity Entry Modes: An Organizational Capability Perspective
dc.description.legacydownloadsDev63_Choice.pdf: 3242 downloads, before Aug. 1, 2020.
local.authorAffiliationErramilli, M. Krishna: Nanyang Technological University
local.authorAffiliationAgarwal, Sanjeev: Iowa State University
local.authorAffiliationDev, Chekitan: Cornell University School of Hotel Administration

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