Nachum, Lilach; Song, Sangyoung - In: Journal of International Business Studies 42 (2011) 3, pp. 381-405
We conceptualize the MNE as a portfolio of interdependent sub-units, and examine its growth trajectory in relation to its existing portfolio. The empirical testing is based on a unique dataset that details all the location moves of US legal services MNEs during 1949–2006. These MNEs evolve in...