Le. Brouthers et al., The influence of Triad nations' environments on price-quality product strategies and MNC performance, J INT BUS S, 31(1), 2000, pp. 39-62
Is there a relationship between home-country competitive advantages, MNC pr
ice/quality product strategies, and firm performance? A cross-national cont
ingency framework is developed, identifying three "regional stereotypes" of
price/quality relationships, fueled by history and consumer perceptions, w
hich appear to result in superior MNC performance. Findings indicate that t
he "stereotypes" influences have diminished over time (as MNCs shift from h
ome country advantages to global firm-specific advantages). However, Triad
MNCs that use these product strategies (Japan [superior value], EU [premium
] and U.S. [economy]) still, on average, demonstrate superior performance.