Foreign entry strategies: strategic adaptation to various facets of the institutional environments

A comprehensive model of foreign entry strategies by multinational enterprises (MNEs) is developed in this paper, and a theory is proposed on how the entry strategy is likely to be determined in the interface between internal and external pressures for both conformity and legitimacy. In contrast to...

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Detalhes bibliográficos
Autor principal: Ferreira, Manuel Portugal (author)
Outros Autores: Li, Dan (author), Suk, Jang Yong (author)
Formato: article
Idioma:eng
Publicado em: 2021
Assuntos:
Texto completo:http://hdl.handle.net/10400.8/6194
País:Portugal
Oai:oai:iconline.ipleiria.pt:10400.8/6194
Descrição
Resumo:A comprehensive model of foreign entry strategies by multinational enterprises (MNEs) is developed in this paper, and a theory is proposed on how the entry strategy is likely to be determined in the interface between internal and external pressures for both conformity and legitimacy. In contrast to a selection rationale, an adaptation argument is developed, through which we enhance our understanding of the various facets of the institutional environment and the constraints MNEs encounter in their internationalization strategies.