Question

Should the subsequent winning of the foreign market project where wholly Owned Subsidiary was already developed by company be viewed as a subsequent internationalization?
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Answer 1

Answer:

I am building up the database for one of my research projects wherein I need to look at the internationalization path of the companies from the time of first foreign market entry till the current year, particularly looking at the mode of entry, time gap between subsequent entries and foreign markets covered over the period of time.

I need help on the following query-  In the year 2000, a company makes its first foreign market entry in US via setting up a Wholly owned subsidiary (WOS). This transaction of setting up WOS in US is recorded in my datasheet as the company's first venture into foreign market. Now subsequently in the year 2003, the same company wins the contract in the US market. This contract may be executed by the headquarters (or the parent company) based in India or the WOS in US.

So I want to know whether this subsequent stint in US as winning of contract should be recorded as subsequent internationalization? Would the answer be different in the following two cases-

1. The execution of contract is overseen by the parent company in home market (India in my case).

2. The contract is being executed by the WOS established in US in the year 2000.

Explanation:

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