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The International Specialist Strategy: Financial Funding and Deployment

Author

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  • Briance Mascarenhas

    (Rutgers University, USA)

Abstract

Many firms facing global competition are seeking to become specialists. This study examines international specialists, defined as companies that produce, sell, and expand internationally within one industry. This study examines their capital sourcng and deployment. Analysis of a knowledge-intensive industry, pharmaceuticals, suggests that firms which pursue this focused strategy match their funding and deployment of financial resources. They use equity funding and invest it heavily in research in order to develop international proprietary niches.

Suggested Citation

  • Briance Mascarenhas, 2012. "The International Specialist Strategy: Financial Funding and Deployment," Multinational Finance Journal, Multinational Finance Journal, vol. 16(1-2), pages 87-103, March - J.
    • Handle: RePEc:mfj:journl:v:16:y:2012:i:1-2:p:87-103
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    References listed on IDEAS

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    Cited by:

    1. Briance Mascarenhas, 2013. "The Industry-focused International Strategy," Management International Review, Springer, vol. 53(2), pages 251-267, April.
    2. Andreou, Panayiotis C. & Louca, Christodoulos & Petrou, Andreas P., 2016. "Organizational learning and corporate diversification performance," Journal of Business Research, Elsevier, vol. 69(9), pages 3270-3284.

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