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An Institution-Based View of International Business Strategy: A Focus on Emerging Economies

Journal of international business studies, 2008-07, Vol.39 (5), p.920-936 [Peer Reviewed Journal]

Copyright 2008 Academy of International Business ;Academy of International Business 2008 ;ISSN: 0047-2506 ;EISSN: 1478-6990 ;DOI: 10.1057/palgrave.jibs.8400377

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Title:
An Institution-Based View of International Business Strategy: A Focus on Emerging Economies
Author: Peng, Mike W. ; Wang, Denis Y. L. ; Jiang, Yi
Subjects: Business and Management ; Business management ; Business strategies ; Business Strategy/Leadership ; Business structures ; Business studies ; Competition ; Corporate strategies ; Developing countries ; Economic development ; Economic research ; Economics ; Emerging markets ; Extractive industries ; Institutionalism ; International Business ; International economics ; International market ; International trade ; Investment strategies ; LDCs ; Management ; Multinational enterprises ; NGOs ; Nongovernmental organizations ; Organization ; Organization theory ; Perspective ; Political risk ; Research methodology ; Social sciences ; Strategic management ; Strategic planning ; Studies
Is Part Of: Journal of international business studies, 2008-07, Vol.39 (5), p.920-936
Description: Leveraging the recent research interest in emerging economies, this Perspective paper argues that an institution-based view of international business (IB) strategy has emerged. It is positioned as one leg that helps sustain the "strategy tripod" (the other two legs consisting of the industry- and resource-based views). We then review four diverse areas of substantive research: (1) antidumping as entry barriers; (2) competing in and out of India; (3) growing the firm in China; and (4) governing the corporation in emerging economies. Overall, we argue that an institution-based view of IB strategy, in combination with industry- and resource-based views, will not only help sustain a strategy tripod, but also shed significant light on the most fundamental questions confronting IB, such as "What drives firm strategy and performance in IB?"
Publisher: London: Palgrave Macmillan
Language: English
Identifier: ISSN: 0047-2506
EISSN: 1478-6990
DOI: 10.1057/palgrave.jibs.8400377
Source: RePEc
ProQuest Central

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An Institution-Based View of International Business Strategy: A Focus on Emerging Economies

Copyright 2008 Academy of International Business ;Academy of International Business 2008 ;ISSN: 0047-2506 ;EISSN: 1478-6990 ;DOI: 10.1057/palgrave.jibs.8400377

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