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



de Faria, Pedro, Schubert, Torben and Sofka, Wolfgang ORCID: 0000-0003-1598-6127
(2021) Recruiting strategic human capital from MNCs-Does hiring MNC managers enable exporting in domestic firms? PLOS ONE, 16 (10). e0257922-.

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Abstract

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.

Item Type: Article
Uncontrolled Keywords: Humans, Decision Making, Entropy, Employment, Personnel Selection, Sweden, Female, Male, Electronic Data Processing
Divisions: Faculty of Humanities and Social Sciences > School of Management
Depositing User: Symplectic Admin
Date Deposited: 16 Dec 2021 16:36
Last Modified: 18 Jan 2023 21:19
DOI: 10.1371/journal.pone.0257922
Related URLs:
URI: https://livrepository.liverpool.ac.uk/id/eprint/3145482