Externalization in the platform economy: Social platforms and institutions

Chen, Liang; Li, Sali; Jiang, Wei; Yang, Yang

doi:10.1057/s41267-022-00506-w

Cited by 31 publications

(12 citation statements)

References 83 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Reliance on complementors is different from traditional alliances or joint ventures as complementors are not hierarchically integrated partners or employees. Instead, they are independent contributors satisfying country-specific user needs and enhancing platform value in local markets, even without a direct financial relationship with the platform firm (Chen, Li, et al, 2022 ; Li et al, 2019 ; Vahlne & Johanson, 2017 ). We recognize substantial variations in the extent to which multi-sided platforms extensively rely on local complementors to create value (e.g., Just Eat, Airbnb, Uber, Groupon) or combine a mix of local and international complementors (e.g., TikTok, YouTube, App Store, etc.).…”

Section: Entry Mode Researchmentioning

confidence: 99%

“…We recognize substantial variations in the extent to which multi-sided platforms extensively rely on local complementors to create value (e.g., Just Eat, Airbnb, Uber, Groupon) or combine a mix of local and international complementors (e.g., TikTok, YouTube, App Store, etc.). Nevertheless, the value generated by these firms continuously evolve due to not only the design and configuration of the digital infrastructure provided by the focal platform firm, but also the contributions of complementors (Chen, Li, et al, 2022 ; Dattée, Alexy, & Autio, 2018 ; Nambisan et al, 2019 ). Such a combination of globally accessible digital infrastructures and network of independent complementors provides digital platform firms an entry mode for exploiting their firm-specific advantages in foreign markets.…”

Section: Entry Mode Researchmentioning

confidence: 99%

“…This has bred a renewed interest in non-traditional international entries that no longer represent structures for reducing cost and instituting administrative control (Teece, 2014 ). For instance, digital platform ecosystems create a new channel for traditional firms to enter international markets (Chen, Li, Wei, & Yang, 2022a ; Deng, Liesch, & Wang, 2021 ; Jean, Kim, Zhou, & Cavusgil, 2021 ; Nambisan, Zahra, & Luo, 2019 ). The deregulation of the financial industry has also better enabled firms to access capital markets in foreign countries.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Charting new courses to enter foreign markets: Conceptualization, theoretical framework, and research directions on non-traditional entry modes

Brouthers

Chen

et al. 2022

J Int Bus Stud

Self Cite

View full text Add to dashboard Cite

Recent advances in digitalization and increasing integration of international markets are paving the way for a new generation of firms to use non-traditional entry modes that are largely marginalized in previous entry mode studies. While extant research revolves around the level of resource commitment and control in foreign activities, non-traditional modes are encapsulated by the extent of embeddedness required for exploring new and/or exploiting existing resources. In particular, we draw attention to four such categories of non-traditional entry modes the literature has touched on, i.e., capital access, innovation outposts, virtual presence, and the managed ecosystem. We explore the key attributes, antecedents, and strategic implications of these modes. Our paper highlights the need for enriching current entry mode research by considering a broader range of entry mode activities available to firms as well as employing new theoretical perspectives to understand the complex phenomena of internationalization.

show abstract

Section: Entry Mode Researchmentioning

confidence: 99%

Section: Entry Mode Researchmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Charting new courses to enter foreign markets: Conceptualization, theoretical framework, and research directions on non-traditional entry modes

Brouthers

Chen

et al. 2022

J Int Bus Stud

Self Cite

View full text Add to dashboard Cite

show abstract

“…As for theoretical perspectives, new internalization theory can elucidate GVC-based or ecosystembased analysis by engaging with the entire GVC, ecosystem, or digital platform as the unit of analysis (Benito et al, 2019;Chen, Li, Wei, & Yang, 2022). Network analysis, rather than traditional dyadic or multilateral analysis, may offer new insights into the mechanisms that link independent platform actors not directly controlled by the platform MNE (Li et al, 2019).…”

Section: Insight #7: Mne Control and Coordination -Disruptive Trends:...mentioning

confidence: 99%

Navigating MNE control and coordination: A critical review and directions for future research

2023

View full text Add to dashboard Cite

Control and coordination efforts are at the heart of MNE functioning. Yet, our review reveals that the literature on MNE control and coordination lacks conceptual clarity, which may hamper the development of the field. In this critical review, we synthesize the literature over the past decade using a conceptual framework rooted in new internalization theory. Research remains fairly coarse regarding how various configurations and interactions of control and coordination mechanisms affect intended outcomes. We note a paucity of multilevel studies, direct investigations of microfoundations, and comparison studies between intra-and inter-MNE relationships. Insufficient attention has been paid to adaptation issues and the impact of external dynamics on the need for, and operationalization of, control and coordination mechanisms. These gaps are concerning, since external trends are changing the organizational landscape and MNE boundaries are becoming increasingly fuzzy. Going forward, a more nuanced conceptualization of outcomes is needed, one that specifies proximal outcomes which mediate the achievement of distant goals. We use our augmented conceptual framework to identify other key areas for future research. We also call for more research on how disruptive forces affect both the use and outcomes of organizational mechanisms aimed at achieving control and coordination.

show abstract

“…How does IPR-related distance and IPR enforcement in practice influence transaction costs, knowledge flows, and, consequently, MNE location choices? How are location strategies affected by IPRs in 'new' technological domains where IPRs are still unclear (Chen, Li, Wei, & Yang, 2022). And how can institutional changes in different countries influence location-specific advantages, and consequently MNE geographic diversification of their subsidiaries?…”

Section: Ipr Regimes and Location Choicesmentioning

confidence: 99%

Towards integrating country- and firm-level perspectives on intellectual property rights

et al. 2022

View full text Add to dashboard Cite

Intellectual property rights (IPRs) are of critical importance in international business. The implications for firm strategy and for policymakers are rarely aligned because the optimal level of IPR protection can be quite different from the country-and the firm-level perspectives. There is considerable heterogeneity in firm strategies, the spatial distribution of their innovation activities, and their IPR portfolios. There is still greater variation between countries, their IPR legislation and enforcement efforts, as well as their industrial and development policies. For firms, sustaining firm-specific advantages (FSAs) depends on their ability to create and extract rent from their knowledge assets, and this involves deliberate interfirm cooperation, careful location choices, and talent recruitment and retention. At the country level, the attractiveness of countries for MNEs is shaped by the provision of country-specific advantages such as IPR protection and its effective enforcement, but the kinds of IPR regimes that are optimal to attract inward investment can be disadvantageous for building domestic firm capacity, and vice-versa. Although firm IPR strategies and IPR regimes are clearly interlinked, the literature integrating across these two levels has been underdeveloped, and we propose a framework to guide future research.

show abstract

Externalization in the platform economy: Social platforms and institutions

Cited by 31 publications

References 83 publications

Charting new courses to enter foreign markets: Conceptualization, theoretical framework, and research directions on non-traditional entry modes

Charting new courses to enter foreign markets: Conceptualization, theoretical framework, and research directions on non-traditional entry modes

Navigating MNE control and coordination: A critical review and directions for future research

Towards integrating country- and firm-level perspectives on intellectual property rights

Contact Info

Product

Resources

About