Exploring the institutional perspective on international business expansion: towards a more detailed conceptual framework

Article


Lynch, R. and Jin, Z. 2016. Exploring the institutional perspective on international business expansion: towards a more detailed conceptual framework. Journal of Innovation and Knowledge. 1 (2), pp. 117-124. https://doi.org/10.1016/j.jik.2016.01.001
TypeArticle
TitleExploring the institutional perspective on international business expansion: towards a more detailed conceptual framework
AuthorsLynch, R. and Jin, Z.
Abstract

While the general principles of the Institutional Perspective have been widely accepted, there has been only limited consideration to the present of their in-depth application to the strategies of individual firms engaged in international business. The paper argues that companies engaged in such activities will find that there is a significant gap in precisely what aspects of the formal and informal institutional perspectives need to be identified and assessed for international expansion. The purpose of this paper is to develop a theoretical paradigm that allows organizations to compare different countries with regard to their potential for international business expansion from the perspective of Institutional Theory but also drawing on theories of International Business Strategy where relevant. The theoretical framework assumes that such organizations are engaged in analyzing the institutional arrangements and resources of their home and possible host countries. The paper then develops a conceptual framework that identifies five major components, namely people, power, performance, pathways to international expansion, and productivity, the latter being defined in terms of knowledge and innovation. It explores each of these areas in more depth
with the aim of adding a more detailed structure to elements of Institutional Theory relevant to international business expansion.

PublisherElsevier
JournalJournal of Innovation and Knowledge
ISSN2444-569X
Publication dates
Online11 Mar 2016
Print01 May 2016
Publication process dates
Deposited04 May 2016
Accepted27 Jan 2016
Output statusPublished
Publisher's version
License
Copyright Statement

©2016 Journal of Innovation & Knowledge. Published by Elsevier España, S.L.U.This is an open access article under the CCBY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Digital Object Identifier (DOI)https://doi.org/10.1016/j.jik.2016.01.001
LanguageEnglish
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