Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?

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...

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Autores principales:	Pedro de Faria, Torben Schubert, Wolfgang Sofka
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/02d5620ffcc74add88e35898eaae1e64
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spelling	oai:doaj.org-article:02d5620ffcc74add88e35898eaae1e642021-12-02T20:17:11ZRecruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?1932-620310.1371/journal.pone.0257922https://doaj.org/article/02d5620ffcc74add88e35898eaae1e642021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0257922https://doaj.org/toc/1932-6203Exporting 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.Pedro de FariaTorben SchubertWolfgang SofkaPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 10, p e0257922 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Pedro de Faria Torben Schubert Wolfgang Sofka Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?
description	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.
format	article
author	Pedro de Faria Torben Schubert Wolfgang Sofka
author_facet	Pedro de Faria Torben Schubert Wolfgang Sofka
author_sort	Pedro de Faria
title	Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?
title_short	Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?
title_full	Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?
title_fullStr	Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?
title_full_unstemmed	Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?
title_sort	recruiting strategic human capital from mncs-does hiring mnc managers enable exporting in domestic firms?
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/02d5620ffcc74add88e35898eaae1e64
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Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms?

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