Podcast
Questions and Answers
What is the key factor that determines the level of local embeddedness required for a platform to successfully penetrate a foreign market?
What is the key factor that determines the level of local embeddedness required for a platform to successfully penetrate a foreign market?
- The availability of local delivery services
- The location-boundedness of the platform's complementors (correct)
- The level of platform diversification
- The size of the local market
Which type of platform is most likely to require very high levels of foreign market embeddedness?
Which type of platform is most likely to require very high levels of foreign market embeddedness?
- Platforms with location-independent complementors
- Platforms that leverage the Internet of Things
- Platforms with a two-sided business model
- Platforms with location-bound complementors (correct)
How does the entry mode framework discussed in the text differ from traditional entry mode research?
How does the entry mode framework discussed in the text differ from traditional entry mode research?
- It does not consider traditional MNE entry modes
- It is confined to discrete mode types
- It considers a continuum of exploration/exploitation and embeddedness (correct)
- It focuses on non-traditional entry modes only
What is the primary purpose of traditional MNEs employing platforms like crowdsourcing or the Internet of Things to access knowledge and resources in new and existing countries?
What is the primary purpose of traditional MNEs employing platforms like crowdsourcing or the Internet of Things to access knowledge and resources in new and existing countries?
Which of the following is a key characteristic of complementors on sharing economy platforms like Uber?
Which of the following is a key characteristic of complementors on sharing economy platforms like Uber?
What is the primary difference in the level of local embeddedness required between platforms like eBay and sharing economy platforms like Uber?
What is the primary difference in the level of local embeddedness required between platforms like eBay and sharing economy platforms like Uber?
What is the primary implication of the framework discussed in the text for future IB research?
What is the primary implication of the framework discussed in the text for future IB research?
How does the entry mode framework discussed in the text differ from traditional IB research on entry modes?
How does the entry mode framework discussed in the text differ from traditional IB research on entry modes?
What is the primary factor that determines the level of local embeddedness required for a platform to successfully penetrate a foreign market?
What is the primary factor that determines the level of local embeddedness required for a platform to successfully penetrate a foreign market?
What is the primary implication of the entry mode framework discussed in the text for traditional MNEs?
What is the primary implication of the entry mode framework discussed in the text for traditional MNEs?
