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Do regions matter? An integrated institutional and semiglobalization perspective on the internationalization of MNEs
Traditional research suggests a relationship between country-level institutions and the location choices of MNEs. However, more recent theory suggests MNEs also focus on regions (semiglobalization). Therefore, this study examines institutional effects in the context of semiglobalization by consideri...
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| Published in: | Strategic management journal 2013-08, Vol.34 (8), p.910-934 |
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| Main Authors: | , , , |
| Format: | Article |
| Language: | English |
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| cites | cdi_FETCH-LOGICAL-c5131-c528834feeb73879a4b1ca2a13572f2e3bc5f3c8bc96740c5ed0547bee216ed33 |
| container_end_page | 934 |
| container_issue | 8 |
| container_start_page | 910 |
| container_title | Strategic management journal |
| container_volume | 34 |
| creator | ARREGLE, JEAN-LUC MILLER, TOYAH L. HITT, MICHAEL A. BEAMISH, PAUL W. |
| description | Traditional research suggests a relationship between country-level institutions and the location choices of MNEs. However, more recent theory suggests MNEs also focus on regions (semiglobalization). Therefore, this study examines institutional effects in the context of semiglobalization by considering the influences of three formal institutions (i.e., regulatory control, political democracy, capital investments) of countries and geographic regions on MNEs' location choices of internationalization. We use a sample of Japanese MNEs operating in 45 countries within eight regions. The results show that their degree of internationalization into a country is influenced by both country and regional institutional environments. Additionally, a semiglobalization perspective provides better explanatory power than does the country-level perspective. These results present a new perspective on how MNEs consider institutional environments in their international strategy. |
| doi_str_mv | 10.1002/smj.2051 |
| format | article |
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An integrated institutional and semiglobalization perspective on the internationalization of MNEs</atitle><jtitle>Strategic management journal</jtitle><addtitle>Strat. Mgmt. J</addtitle><date>2013-08</date><risdate>2013</risdate><volume>34</volume><issue>8</issue><spage>910</spage><epage>934</epage><pages>910-934</pages><issn>0143-2095</issn><eissn>1097-0266</eissn><coden>SMAJD8</coden><notes>ark:/67375/WNG-W758V6MN-7</notes><notes>istex:38B2016ED43E04588C44E220EE75A5A2D398B85B</notes><notes>ArticleID:SMJ2051</notes><notes>ObjectType-Article-2</notes><notes>SourceType-Scholarly Journals-1</notes><notes>ObjectType-Feature-1</notes><notes>content type line 23</notes><abstract>Traditional research suggests a relationship between country-level institutions and the location choices of MNEs. However, more recent theory suggests MNEs also focus on regions (semiglobalization). 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| identifier | ISSN: 0143-2095 |
| ispartof | Strategic management journal, 2013-08, Vol.34 (8), p.910-934 |
| issn | 0143-2095 1097-0266 |
| language | eng |
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| source | Wiley-Blackwell Journals; International Bibliography of the Social Sciences (IBSS); JSTOR |
| subjects | Business structures Capital investments Commercial regulation Corporate strategies Countries Decision analysis Democracy Economic regulation Economic strategies Financial investments Geographic regions Globalization institutional environment International business Internationalization Investment analysis Japan Location analysis location of foreign subsidiaries Manycountries Multinational corporations Multinational enterprises regional strategy semi-globalization Strategic management Studies |
| title | Do regions matter? An integrated institutional and semiglobalization perspective on the internationalization of MNEs |
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