Institutional Environment Drives International Success for Emerging Economy Firms
The article explores how the rules and systems in a country affect how companies from developing nations expand globally. By studying Chinese companies, the researchers found that both help and hindrance from the local environment can push firms to go international. This means that in places like China, the laws and norms can have a mixed impact on a company's decision to expand globally. The success of these external factors also depends on the strengths a company already has.