S-Space College of Social Sciences (사회과학대학) Institute for Social Development and Policy Research (사회발전연구소) Development and Society Development and Society Vol.38 No.1/2 (2009)
Foreign Entry Strategies : Strategic Adaptation to Various Facets of the Institutional Environments
- Issue Date
- Institute for Social Development and Policy Research, Center for Social Sciences, Seoul National University
- Development and Society, Vol.38 No.1, pp. 27-55
- 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.
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