Browse > Article
http://dx.doi.org/10.5762/KAIS.2013.14.8.3691

The Determinants of the Level of Control in Foreign Market Entry of the Korean Healthcare Industry  

Hyun, Jae Hoon (Department of International Business, Hankuk University of Foreign Studies)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.14, no.8, 2013 , pp. 3691-3695 More about this Journal
Abstract
This study focuses on the internalization process of service sector, especially on the foreign market entry modes of Korean healthcare industry. The paper examined the effects of country and firm specific factors, and strategic elements of the industry on the selection of foreign market entry modes by using multiple regression analysis. The findings indicate that firms' global experience and documented strategic assets have significant effects on the high control organizational types in the selection of entry mode while the other determinants including size of the firm were found to be less significance. This study provides the academic implications to the subject of the internationalization of Asian service industry and the practical reference to this highly specialized soft service sector.
Keywords
Foreign Market Entry Mode; Green Field Investment; Healthcare Industry; Joint Venture; Strategic Alliance;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Terpstra, Vern and Chwo-Ming Yu, "Determinants of foreign investment of US advertising agencies", Journal of International Business Studies, 19(1): 33-46, 1988. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490373   DOI   ScienceOn
2 Agarwal, Sanjeev and Sridhar N. Ramaswami "Choice of foreign market entry mode: Impact of ownership, location and internalization factors", Journal of International Business Studies, 23 (1): 1-27, 1992. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490257   DOI   ScienceOn
3 Erramilli, M. Krishna and Rao, C.P. "Choice of foreign market entry modes by service firms: role of market knowledge", Management International Review, 30(2): 135-51, 1990.
4 Boddewyn, Jean J., and A.C. Perry, "Service Multinationals: Conceptualization, Measurement and Theory", Journal of International Business studies, 17(3): 41-57, 1986. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490860   DOI   ScienceOn
5 Zeithaml V.A., Parasuraman A. and Berry L.L. "Problems and Strategies in Services Marketing", Journal of Marketing, 49, 33 - 46, 1985. DOI: http://dx.doi.org/10.2307/1251563   DOI   ScienceOn
6 Ekeledo, Ikechi & K. Sivakumar "Foreign Market Entry Mode Choice of Service Firms: A Contintency Perspective", Journal of the Academy of Marketing Science. 4: 274-292, 1998. DOI: http://dx.doi.org/10.1177/0092070398264002   DOI   ScienceOn
7 Hellman, P. "The Internationalization of Finninsh Financial Service Companies", International Business Review, 5: 191-208, 1994. DOI: http://dx.doi.org/10.1016/0969-5931(96)00005-4   DOI   ScienceOn
8 Sagari. S.B. "United States Foreign Direct Investment in The Banking Industry", Transnational Corporations, 1(3): 92-123, 1992.
9 Brouthers, Keith D., Lance Eliot Brouthers and S. Werner, "Dunning's Eclectic Theory and the Smaller Firm: the Impact of Ownership and Locational Advantages on the Choice of Entry-modes in the Computer Software Industry", International Business Review, 5(4): 377-394, 1996. DOI: http://dx.doi.org/10.1016/0969-5931(96)00019-4   DOI   ScienceOn
10 Contractor, Farok J., and Kundu, Sumit K. "Modal Choice in a World of Alliances: Analyzing Organizational Forms in the International Hotel Sector", Journal of International Business Studies, 29(2): 325-358, 1998. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490039   DOI   ScienceOn
11 Contractor, Farok J. "The composition of licensing fees and arrangements as a function of economic development of technology recipient nations", Journal of International Business Studies, 11(3): 47-62, 1990. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490622   DOI   ScienceOn
12 Kim, W.Chan and and Peter Hwang "Global strategy and multinationals' entry mode choice", Journal of International Business Studies, 23(1): 29-53, 1992. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490258   DOI   ScienceOn
13 Gomes-Casseres, B. "Control and performance of international joint ventures", Journal of International Business Studies, 20(2): 235-54, 1989. DOI: http://dx.doi.org/10.1057/palgrave.jibs.8490359   DOI   ScienceOn
14 Anders Blomstermo, D. Deo Sharma, James Sallis, "Choice of foreign market entry mode in service firms", International Marketing Review, Vol. 23 Iss: 2, pp.211 - 229, 2006. DOI: http://dx.doi.org/10.1108/02651330610660092   DOI   ScienceOn
15 Sampson, Gary P. and Richard H. Snape "Identifying the issues in trade in services", The World Economy, 8(2): 171-182, 1985. DOI: http://dx.doi.org/10.1111/j.1467-9701.1985.tb00421.x   DOI
16 Gatignon, Hubert and Anderson, Erin "Modes of foreign entry: a critical analysis", Journal of International Business Studies, 24(2): 1-26, 1986.
17 Chang, S.J. "International expansion strategy of Japanese firms: capability building through sequential entry", The Academy of Management Journal, 38(2): 383-407, 1995. DOI: http://dx.doi.org/10.2307/256685   DOI   ScienceOn
18 Blomstermo, Anders and D.Deo Sharma. "Choice of foreign market entry mode in service firms", International Marketing Review, 23(2): 211-229, 2006. DOI: http://dx.doi.org/10.1108/02651330610660092   DOI   ScienceOn
19 Hill, Charles W.L. "Cooperation, opportunism, and the invisible hand: implications for transaction cost theory", Academy of Management Review, 15(3): 500-513, 1990. DOI: http://dx.doi.org/10.5465/AMR.1990.4309111 DOI: http://dx.doi.org/10.2307/258020   DOI
20 Williamson, Oliver E. "Comparative economic organization: the analysis of discrete structural alteratives'", Administrative Science Quarterly, 36: 269-296, 1991. DOI: http://dx.doi.org/10.2307/2393356   DOI   ScienceOn