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Author:Mascarenhas, B.
Title:Order of entry and performance in international markets
Journal:Strategic Management Journal
1992 : OCT, VOL. 13:7, p.499-510
Index terms:MARKETS
ENTRY CONDITIONS
INTERNATIONAL MARKETING
MULTINATIONAL COMPANIES
PRODUCT LIFE CYCLE
Language:eng
Abstract:The inter-market and intra-market orders of entry and their performance consequences are examined for an industrial product. First entrants consist typically of both multinational and local firms, while early followers are multinational firms, and later entrants are smaller, local firms. A strong order of entry - market share relationship is observed in international markets. First entrants and later entrants outsurvive early followers. The analysis reveals a strategy for achieving both first-entry into many markets and dominance within those markets. Simultaneous entry into multiple markets occurs infrequently and in mature stages of the product life-cycle. The findings have implications also for researchers.
SCIMA record nr: 107750
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