Partner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception

Consumers perceive brand quality from the country of origin of the brand. Global business ecosystems represent multiple countries such as the country of the keystone company and the country of the assembly companies. Thus, the brands of global business ecosystems have multiple countries of origin. T...

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Autores principales: Dongock Bang, Jiwon Lee, Matthew Minsuk Shin
Formato: article
Lenguaje:EN
Publicado: MDPI AG 2021
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Acceso en línea:https://doaj.org/article/08c9c42f380a4639a97d37b8e688c97f
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spelling oai:doaj.org-article:08c9c42f380a4639a97d37b8e688c97f2021-11-25T19:05:23ZPartner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception10.3390/su1322129032071-1050https://doaj.org/article/08c9c42f380a4639a97d37b8e688c97f2021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12903https://doaj.org/toc/2071-1050Consumers perceive brand quality from the country of origin of the brand. Global business ecosystems represent multiple countries such as the country of the keystone company and the country of the assembly companies. Thus, the brands of global business ecosystems have multiple countries of origin. This study aims to examine the impacts of the country images of the keystone company and assembly companies on consumers’ brand quality perceptions. In addition, depending on the assembly partner selection strategies of forming a global business ecosystem, the characteristics of the associated countries with the business ecosystem may change. The keystone company may select an assembly partner from a developing country or from a developed country. These two cases are compared to examine the impacts of the combined country images of the keystone and assembly companies. To do so, this study surveys Vietnamese consumers’ perceptions of the brand Hyundai Motor, the country images of South Korea as the country of the keystone company, India as the assembly partner from the developing country, and USA as the assembly partner from the developed country. The collected data were analyzed using a structural equations modeling method and results are discussed with theoretical and managerial implications.Dongock BangJiwon LeeMatthew Minsuk ShinMDPI AGarticleglobal business ecosystemkeystone country companycognitive country imageaffirmative country imagesustainabilitydownward and upward assemblyEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12903, p 12903 (2021)
institution DOAJ
collection DOAJ
language EN
topic global business ecosystem
keystone country company
cognitive country image
affirmative country image
sustainability
downward and upward assembly
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
spellingShingle global business ecosystem
keystone country company
cognitive country image
affirmative country image
sustainability
downward and upward assembly
Environmental effects of industries and plants
TD194-195
Renewable energy sources
TJ807-830
Environmental sciences
GE1-350
Dongock Bang
Jiwon Lee
Matthew Minsuk Shin
Partner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception
description Consumers perceive brand quality from the country of origin of the brand. Global business ecosystems represent multiple countries such as the country of the keystone company and the country of the assembly companies. Thus, the brands of global business ecosystems have multiple countries of origin. This study aims to examine the impacts of the country images of the keystone company and assembly companies on consumers’ brand quality perceptions. In addition, depending on the assembly partner selection strategies of forming a global business ecosystem, the characteristics of the associated countries with the business ecosystem may change. The keystone company may select an assembly partner from a developing country or from a developed country. These two cases are compared to examine the impacts of the combined country images of the keystone and assembly companies. To do so, this study surveys Vietnamese consumers’ perceptions of the brand Hyundai Motor, the country images of South Korea as the country of the keystone company, India as the assembly partner from the developing country, and USA as the assembly partner from the developed country. The collected data were analyzed using a structural equations modeling method and results are discussed with theoretical and managerial implications.
format article
author Dongock Bang
Jiwon Lee
Matthew Minsuk Shin
author_facet Dongock Bang
Jiwon Lee
Matthew Minsuk Shin
author_sort Dongock Bang
title Partner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception
title_short Partner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception
title_full Partner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception
title_fullStr Partner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception
title_full_unstemmed Partner Selection Strategies in Global Business Ecosystems: Country Images of the Keystone Company and Partner Companies on the Brand Quality Perception
title_sort partner selection strategies in global business ecosystems: country images of the keystone company and partner companies on the brand quality perception
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/08c9c42f380a4639a97d37b8e688c97f
work_keys_str_mv AT dongockbang partnerselectionstrategiesinglobalbusinessecosystemscountryimagesofthekeystonecompanyandpartnercompaniesonthebrandqualityperception
AT jiwonlee partnerselectionstrategiesinglobalbusinessecosystemscountryimagesofthekeystonecompanyandpartnercompaniesonthebrandqualityperception
AT matthewminsukshin partnerselectionstrategiesinglobalbusinessecosystemscountryimagesofthekeystonecompanyandpartnercompaniesonthebrandqualityperception
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