How do Institutions Matter for the Internationalization of Emerging Economy Firms?

• 영문명: How do Institutions Matter for the Internationalization of Emerging Economy Firms?
• 발행기관: 한국무역연구원
• 저자명: Shu-Feng (Simon) Xiaoa
• 간행물 정보: 『무역연구』제11권 제6호, 37~52쪽, 전체 16쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2015.12.31

영문 초록

Research proposes that institutions matter in shaping firm strategic behavior as well as the performance implications of such behavior but is less forthcoming with respect to how they matter especially during the process of internationalization of emerging-economy firms. We build on the institution-based view to propose that emerging-economy firms often involves significant interplays with institutional rules as well as the changes of such rules when going international. We argue that the institutions in emerging economies play a central role in shaping the international expansion and the performance outcomes of such strategic behavior. In other words, institutions may shape and determine directly how emerging-economy firms formulate and implement strategies that create a competitive advantage. We test the proposed hypotheses using a comprehensive longitudinal data of internationalizing firms from China and offer important contributions and insights to better understand how institutions matter in explaining the internationalization strategy and performance of emerging-economy firms.

목차

Abstract

I. Introduction

II. Conceptual Framework and Research Hypotheses

III. Research Methodology

IV. Empirical Results

V. Discussion and Conclusion

References

키워드

China Emerging-economy Firms Institutions Institution-based View Internationalization