Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?
(2021) In PLoS ONE 16(10 October).- Abstract
Exporting is a central growth strategy for most firms and managers with international experience are instrumental for export decisions. We suggest that such managers can be hired from Multinational Corporations (MNCs). We integrate theory from strategic human capital research into models explaining export decisions. We theorize that hiring managers from MNCs increases the odds of domestic firms to start exporting and this effect depends on the similarities between hiring firms and MNCs. We hypothesize that young firms will benefit comparatively less from hiring MNC managers. In contrast, firms with internationally diverse workforces and with high degrees of hierarchical specialization will benefit the most from hiring MNC managers. We... (More)
Exporting is a central growth strategy for most firms and managers with international experience are instrumental for export decisions. We suggest that such managers can be hired from Multinational Corporations (MNCs). We integrate theory from strategic human capital research into models explaining export decisions. We theorize that hiring managers from MNCs increases the odds of domestic firms to start exporting and this effect depends on the similarities between hiring firms and MNCs. We hypothesize that young firms will benefit comparatively less from hiring MNC managers. In contrast, firms with internationally diverse workforces and with high degrees of hierarchical specialization will benefit the most from hiring MNC managers. We test and support these hypotheses for 474,926 domestic firms in Sweden, which we observe between 2007 and 2015.
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- author
- de Faria, Pedro ; Schubert, Torben LU and Sofka, Wolfgang LU
- organization
- publishing date
- 2021-10
- type
- Contribution to journal
- publication status
- published
- subject
- in
- PLoS ONE
- volume
- 16
- issue
- 10 October
- article number
- e0257922
- publisher
- Public Library of Science (PLoS)
- external identifiers
-
- scopus:85116643191
- pmid:34618860
- ISSN
- 1932-6203
- DOI
- 10.1371/journal.pone.0257922
- language
- English
- LU publication?
- yes
- additional info
- Publisher Copyright: © 2021 de Faria et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
- id
- 27d73070-5bfe-4797-9435-878122a67a12
- date added to LUP
- 2021-10-20 16:22:58
- date last changed
- 2024-03-23 11:48:46
@article{27d73070-5bfe-4797-9435-878122a67a12,
abstract = {{<p>Exporting is a central growth strategy for most firms and managers with international experience are instrumental for export decisions. We suggest that such managers can be hired from Multinational Corporations (MNCs). We integrate theory from strategic human capital research into models explaining export decisions. We theorize that hiring managers from MNCs increases the odds of domestic firms to start exporting and this effect depends on the similarities between hiring firms and MNCs. We hypothesize that young firms will benefit comparatively less from hiring MNC managers. In contrast, firms with internationally diverse workforces and with high degrees of hierarchical specialization will benefit the most from hiring MNC managers. We test and support these hypotheses for 474,926 domestic firms in Sweden, which we observe between 2007 and 2015.</p>}},
author = {{de Faria, Pedro and Schubert, Torben and Sofka, Wolfgang}},
issn = {{1932-6203}},
language = {{eng}},
number = {{10 October}},
publisher = {{Public Library of Science (PLoS)}},
series = {{PLoS ONE}},
title = {{Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?}},
url = {{http://dx.doi.org/10.1371/journal.pone.0257922}},
doi = {{10.1371/journal.pone.0257922}},
volume = {{16}},
year = {{2021}},
}