samenvatting-artikelen.pdf - lOMoARcPSD|105219 Samenvatting artikelen Comparative Environmental Analysis(Rijksuniversiteit Groningen Verspreiden niet

samenvatting-artikelen.pdf - lOMoARcPSD|105219 Samenvatting...

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Samenvatting artikelen Comparative Environmental Analysis (Rijksuniversiteit Groningen) Verspreiden niet toegestaan | Gedownload door Sybe klaas Kappe ([email protected]) lOMoARcPSD|105219
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Comparative Environmental Analysis Aricle 1: Mulinaional Enterprises and Local Contexts: The Opportuniies and Challenges of Muliple Embeddedness Local contexts have a central role in internaional business research. In fact, the interacion across muliple contexts, where the context is deined as the naion state, is the key disincion between internaional and domesic business. Contextual variaion may be paricularly relevant for MNEs bridging large psychic, cultural, and economic distances, such as West European and North American businesses entering emerging economies, yet they are also of concern within comparaively homogeneous geographic contexts such as the European Union or large countries such as Russia or China. Local contexts vary in paricular on two dimensions: insituional frameworks and resource endowments . Insituional frameworks: Internaional business scholars have been inspired by both insituional economics and insituional theory in sociology to explore the inluences of insituional frameworks such as legal frameworks and regulatory systems on business pracices and strategies of both local irms and of foreign entrants. To a considerable extent, as local insituions afect the locaion choices of irms, compeiion arises between insituional systems -> More open systems experience more growth. Resource Endowments: More recent internaional business research disinguishes ‘natural’ and ‘created’ assets that make up countries’ locaion advantages, and thus form the foundaion for the atracion of foreign MNEs. The essence of FDI is the combinaion of irm-speciic assets (also known as ownership advantages) with locaion-speciic assets of foreign locaions (also known as locaion advantages). Mulinaional irms create value by internalizing market transacions over geographic borders. This organizaional focus of internaional business research has a signiicant locaion aspect. However, the fundamental diference between FDI and porfolio investment is the high level of engagement with the local context involved in the former. At the most basic level, this consitutes the content of this special issue. In this introductory paper, we have tried to draw the broader image of the MNE arising from the diverse set of contribuions in this special issue. The emergent image of muliple embeddedness is considerably more complex than models in the established literature, such as the integraion–responsiveness framework. It creates new challenges for both theoreical treatments of the MNE, for praciioners and for policy makers. Of the numerous ideas for advancing theory that arise from this special issue, we would like to emphasize two in paricular. First, as MNEs grapple with managing the complexiies of muliple embeddedness, it is likely that some develop unique
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  • Fall '18
  • Sybe klaas Kappe

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