An institution-based view of international business strategy: a focus on emerging economies

• 成果类型: Article
• 署名作者: Peng, Mike W.; Wang, Denis Y. L.; Jiang, Yi
• 署名单位: University of Texas System; University of Texas Dallas; Chinese University of Hong Kong; California State University System; California State University East Bay
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/palgrave.jibs.8400377
• 发表日期: 2008
• 页码: 920-936
• 关键词: institutions; INSTITUTION-BASED VIEW; international business strategy; emerging economies

摘要

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?''.