Understanding Psychic Distance A Product of Individual Demographics or Collective Phenomenon?
Type
conference paper
Date Issued
2015-05-29
Author(s)
Abstract
This empirical study, which offers an investigation of the impact of individual-level antecedents on the perceived psychic distance of the individual to foreign countries, adds to the literature in two important ways. First, we empirically investigate different individual-level antecedents. We find that formal education, a young age and the command of language reduce the psychic distance perceptions, while we find, in contrast to conventional wisdom, no impact for international experience and work experience. Second, we compare the relative importance of individual-level and macro-level antecedents on the formation of individual psychic distance perceptions. Our results suggest that macro-level antecedents are a powerful predictor for individual psychic distance perceptions, while individual-level antecedents only have a relatively limited explanatory power.
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Strategic Management Society
Start page
20
Event Title
2015 SMS Strategic Management Society Special Conference
Event Location
St.Gallen
Event Date
28.-20.05.2015
Subject(s)
Division(s)
Eprints ID
244226