Abstract
We examine the extent to which the impact of the overseas business knowledge transferred by returnee entrepreneurs on firm performance is conditional on institutional factors. The findings show that informal institutional differences between the home and host countries strengthen the positive impact of overseas business knowledge on the performance of returnee-founded firms. There is a complementarity between informal institutional differences and local government policy support which jointly enhance the positive impact of overseas business knowledge. However, a well-developed local business infrastructure substitutes for the impact of informal institutional differences on the relationship between overseas business knowledge and returnee venture performance.
Original language | English |
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Journal | International Business Review |
Early online date | 13 Dec 2018 |
DOIs | |
Publication status | E-pub ahead of print - 13 Dec 2018 |
Keywords
- Overseas business knowledge
- Informal institutional differences
- Policy support
- Local business infrastructure
- Returnee entrepreneurs
- Firm performance