Institutional theory perspective and internationalization of firms. How institutional context influences internationalization of SMES?

Renata Korsakienė (), Danuta Diskienė () and Rasa Smaliukienė ()
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Renata Korsakienė: Vilnius Gediminas Technical University (VILNIUS TECH), Lithuania
Danuta Diskienė: Vilnius University, Lithuania
Rasa Smaliukienė: General Jonas Žemaitis Military Academy of Lithuania, Lithuania

Entrepreneurship and Sustainability Issues, 2015, vol. 2, issue 3, 0-0

Abstract: Institutional context significantly impacts international behaviour of firms by facilitating or restricting internationalization processes. The application of institutional theory in business management field has led to the discussions how formal and informal constrains influence human behaviour and what relationships are observed between institutions and organisations. The authors of the paper aim to address the following questions: 1) how institutional theory perspective contributes to the explanation of firms’ internationalization and 2) how institutional context impacts entry direction and speed of internationalization. The paper is based on comprehensive reviews of extant studies. The recommendations for future investigations are developed at the end of the paper.

Keywords: institutions; institutional theory; internationalization; Small and Medium-sized Enterprises (SMEs); entry directions; entry speed (search for similar items in EconPapers)
JEL-codes: M10 M13 M19 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:2:y:2015:i:3:p:0-0

DOI: 10.9770/jesi.2014.2.3(3)

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