Teaching Note | HBS Case Collection | 2011 (Revised from original 2009 version)

TA Energy (Turkey): A Bundle of International Partnerships (TN)

by William R. Kerr

Abstract

Teaching Note for 807175.

Keywords: Energy; Partners and Partnerships;

Format: Print

16 pages

Purchase

Citation:

Kerr, William R. "TA Energy (Turkey): A Bundle of International Partnerships (TN)." Harvard Business School Teaching Note 809-131, June 2011. (Revised from original March 2009 version.)

We identify the impact of local firm concentration on incumbent performance with a quasi-natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions of these firms upon moving to western Germany were driven by non-economic factors and heuristics rather than existing industrial conditions. Relocating firms increased the likelihood of incumbent failure in destination regions, a pattern that differs sharply from new entrants. We further provide evidence that these effects are due to increased competition for local resources.

General Information

Academic Programs

Alumni

Faculty & Research

Recruit

Resources

Faculty & Research

TA Energy (Turkey): A Bundle of International Partnerships (TN)

Abstract

About the Author

More from the Author

Contact

Related Links

Resources