Managers as knowledge carriers – Explaining firms’ internationalization success with manager mobility
Pierpaolo Parrotta (),
Davide Sala and
Journal of International Economics, 2022, vol. 138, issue C
While managerial mobility is ubiquitously seen as an integral part of the success in firms’ internationalization, discerning its empirical merits has been impaired by the paucity of quasi-experimental evidence, or adequate instrumental variables. To overcome these objective limitations, this paper proposes a novel identification strategy, which uses a control function based on on-the-job search theory to correct estimates for the presence of self-selected mobility flows. Our analysis confirms the finding that managers’ specific market experience matters for firms’ internationalization, especially when it derives from longer tenures at the former jobs.
Keywords: Management; Mobility; Experience; Export (search for similar items in EconPapers)
JEL-codes: F14 F16 F23 M12 (search for similar items in EconPapers)
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Working Paper: Managers as Knowledge Carriers - Explaining Firms' Internationalization Success with Manager Mobility (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:inecon:v:138:y:2022:i:c:s0022199622000654
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