What drives firms to operate in south Mediterranean countries?
by Rosa Caiazza
World Review of Entrepreneurship, Management and Sustainable Development (WREMSD), Vol. 10, No. 4, 2014

Abstract: Institutional theory-based studies on firms from developed economies entering emerging economies are helpful to evidence the impact of both formal and informal institutions elements on the strategies of foreign entrants. However, the number of theoretical and empirical studies using an institutional perspective to study internationalisation strategy of developed countries firms in south Mediterranean countries are still limited. The purpose of this study is to provide an understanding of institutional contest influence on internationalisation strategies in emerging economies. We developed a framework combining normative and cultural factors affecting internationalisation strategy. A set of hypotheses was generated from this framework and empirically tested on a sample of Italian firms operating in Egypt through face to face interviews. Our research suggests that institutions are much more than background conditions, that institutions directly determine what arrows a firm has in its quiver as it struggles to formulate and implement strategy and to create competitive advantage especially in emerging economies.

Online publication date: Tue, 30-Sep-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the World Review of Entrepreneurship, Management and Sustainable Development (WREMSD):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com