Institutional voids and firms' resource commitment in emerging markets: A review and future research agenda

Tahiru Azaaviele Liedong, Augustine Awuah Peprah, Abednego Okoe Amartey and Tazeeb Rajwani

Journal of International Management, 2020, vol. 26, issue 3

Abstract: The impact of institutional environments on firms' strategic decisions has been examined in strategy and international business literature. Yet, the current state of knowledge about how institutional voids affect firms' resource commitment in emerging markets is equivocal. This paper reviews and develops an integrative framework that maps the key conceptualizations, theoretical frames, mechanisms, contingencies and outcomes in the institutional voids – resource commitment literature. Altogether, this paper structures institutional voids and resource commitment research into salient themes to help scholars scope the field and explore value-adding avenues to further our understanding of internationalization and resource commitment decisions in emerging markets.

Keywords: Institutional voids; Institutional environment; Resource commitment; Entry modes; Emerging markets (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (18)

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DOI: 10.1016/j.intman.2020.100756

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