Coevolution of home country support and internationalization of emerging market firms

被引:19
|
作者
Chan, Chui Shiam [1 ]
Pattnaik, Chinmay [1 ]
机构
[1] Univ Sydney, Discipline Int Busines, Business Sch, Room 4112,Level 4,Abercrombie Bldg H70, Darlington, NSW 2006, Australia
关键词
Institutions; Home country; Emerging markets; Process; Coevolution; China; FOREIGN DIRECT-INVESTMENT; INSTITUTIONAL ENVIRONMENTS; QUALITATIVE RESEARCH; GLOBAL STRATEGY; PRIVATE FIRMS; OUTWARD FDI; CHINA; STATE; GOVERNMENT; DYNAMICS;
D O I
10.1016/j.ibusrev.2021.101809
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study explores the role of diverse home country support for the internationalization of emerging market firms through a coevolutionary approach. A coevolutionary approach can improve our understanding of the complexities of comprehensive institutional transition in emerging market economies which allows firms to adapt and leverage institutional support for internationalization. Based on institutional theory and the strategic choice perspective, we present a coevolutionary model of mutualism and competition among businesses, government officials and industry players through multidirectional interactions. Our research offers an alternative and nuanced explanation of selective and relevant home country support, the role of independence of firms, support criteria and reinforcement of governance for internationalization of emerging market firms. This study contributes to the literature of home country support for internationalization through an enrichment of the institutional framework and strategic choice with a political perspective.
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页数:16
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