Start Date
6-1-2011 1:00 PM
End Date
6-1-2011 2:15 PM
Track
1. Track 1 – Formal Paper Presentation
Subject Area
Management
Faculty Member
Jinlin Zhao zhaoj@fiu.edu
Abstract
The topic of MNC international expansion choice is relatively developed and has been growing for more than two decades in IB (international business) area. However, the research on expansion choice in hospitality management area hasn’t progressed much. This paper aims to summarize and compare the researches on this topic in both fields, shedding light on the future research on international expansion in hospitality area. Several theories and research agenda in management and IB field which are worth noting are suggested by the authors. The paper is structured into three sections. First, it reviews the different categories of entry mode choices from different perspectives. Then it elaborates the six most commonly applied theoretical perspectives on international expansion choice: transaction cost economies, resource based view, perspective of knowledge flows, agency theory, institutional theory, and Dunning’s eclectic framework. Finally, a brief review on entry mode in hospitality field and suggestions on the future research in hospitality industry are illustrated in the paper.
Keywords
entry choice, international, literature review
Agenda of International Entry Choice Research in Hospitality Management Field
The topic of MNC international expansion choice is relatively developed and has been growing for more than two decades in IB (international business) area. However, the research on expansion choice in hospitality management area hasn’t progressed much. This paper aims to summarize and compare the researches on this topic in both fields, shedding light on the future research on international expansion in hospitality area. Several theories and research agenda in management and IB field which are worth noting are suggested by the authors. The paper is structured into three sections. First, it reviews the different categories of entry mode choices from different perspectives. Then it elaborates the six most commonly applied theoretical perspectives on international expansion choice: transaction cost economies, resource based view, perspective of knowledge flows, agency theory, institutional theory, and Dunning’s eclectic framework. Finally, a brief review on entry mode in hospitality field and suggestions on the future research in hospitality industry are illustrated in the paper.