An institutional work view toward the internationalization of emerging market firms |
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| Affiliation: | 1. Department of Management, Monash Business School, Monash University, Melbourne, Australia;2. UWA Business School, The University of Western Australia, Perth, Australia;1. School of Business, Trinity University,One Trinity Place, San Antonio, Texas, TX78212, USA;2. Department of Management Science and Statistics, College of Business, University of Texas at San Antonio, One UTSA Circle, San Antonio, Texas, TX78249, USA;1. Department of Management, London School of Economics, UK;2. Department of Strategy and Entrepreneurship, China Europe International Business School, China;3. International Business Discipline, University of Sydney, Australia;4. Department of Strategic Management and Globalization, Copenhagen Business School, Denmark;5. Department of International Economics and Management, Copenhagen Business School, Denmark;1. College of Management and Economics, Tianjin University, 92 Weijin Road, Tianjin, China;2. Department of Management, The Walker School of Business, Appalachian State University, 4066 Peacock Hall, 416 Howard Street, Boone, NC 28607, United States;3. Schulich School of Business, York University, Toronto, Ontario M3J 1P3, Canada;1. Faculty of Business Administration, University of Macau, Macau;2. Nottingham University Business School, University of Nottingham, United Kingdom;3. School of International Trade and Economics, University of International Business and Economics, 10 East Huixin Street, Chaoyang District, Beijing 100029, China;4. Leeds University Business School, United Kingdom;5. Department of Economics, University of Macau, Macau;1. Department of Management, School of Business Administration, University of Miami, Coral Gables, FL 33124-9145, United States;2. Sun Yat-Sen Business School, Sun Yat-Sen University, Guangzhou, China |
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| Abstract: | Through the lens of institutional work – the institutionally embedded practice that aims to create, maintain, or disrupt the rules and shared meanings in social life, we discuss how an emerging economy’s governments establish policies and regulations to develop outward foreign direct investment, and how domestic firms seek to shape these institutional arrangements to suit their interests and needs as they expand overseas. This study underscores the importance of the home country to multinational enterprises. We argue, the policymaking that underpins the internationalization of firms is not only a top-down (state inspired) but also a bottom-up process. |
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| Keywords: | Institutional work Government policies Outward foreign direct investment China |
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