International Strategy and Market Performance in New Biotechnology Firms
Book Details
Format
Paperback / Softback
Book Series
Transnational Business and Corporate Culture
ISBN-10
1138972932
ISBN-13
9781138972933
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 26th, 2016
Print length
110 Pages
Weight
453 grams
Product Classification:
Business & management
Ksh 9,550.00
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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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