"International Experience, Managerial Capability, and Liability of Foreignness in Emerging Economies".

By integrating the international experience and liability of foreignness literature, this study explores the contingencies relating firm's international experience and managerial capability to mitigate the liability of foreignness. Empirical results from a sample of 207 Taiwanese MNCs indicated that exploitative experience and explorative experience both significantly help firms to mitigate liability of foreignness. In addition, this study also found that managerial capability positively moderates the relationship between the experience and liability of foreignness, suggesting the effect is contingent on a firm's capability to deal with the mitigating of foreignness during international expansion. Theoretical implications of these results and suggestions for future research are also discussed. [ABSTRACT FROM AUTHOR]