International Strategy and Market Performance in New Biotechnology Firms
Book Details
Format
Hardback or Cased Book
Book Series
Transnational Business and Corporate Culture
ISBN-10
0815335016
ISBN-13
9780815335016
Publisher
Taylor & Francis Inc
Imprint
Routledge
Country of Manufacture
US
Country of Publication
GB
Publication Date
Sep 1st, 1999
Print length
110 Pages
Weight
360 grams
Product Classification:
International economicsBusiness & managementIndustry & industrial studies
Ksh 29,700.00
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The issues addressed in this study are: What internal factors support changes in the international operations of new firms? and What effect do these changes have on the firm's structure, control system, and market performance. To answer these questions, this work examines the internal resources and market performance of a set of publicly traded biotechnology firms. Findings support the view that new firms can enter international markets through a variety of strategies, including international joint ventures and subsidiaries. Changes in international operations also are found to enhance firm market performance when accompanied by changes in firm structure and control systems. However, managers must be patient because market performance only improves significantly two years after these organizational changes have taken place.
The issues addressed in this study are: What internal factors support changes in the international operations of new firms? and What effect do these changes have on the firm''s structure, control system, and market performance. To answer these questions, this work examines the internal resources and market performance of a set of publicly traded biotechnology firms. Findings support the view that new firms can enter international markets through a variety of strategies, including international joint ventures and subsidiaries. Changes in international operations also are found to enhance firm market performance when accompanied by changes in firm structure and control systems. However, managers must be patient because market performance only improves significantly two years after these organizational changes have taken place.
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