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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2021
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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) |
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DOAJ |
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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 |
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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 |
_version_ |
1718410322314788864 |