Received: 2014-11-22  |  Accepted: 2015-01-12  |  Published: 2015-03-31

Title

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


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


JEL classifications

M10 , M13 , M19


URI

http://jssidoi.org/jesi/article/45


DOI


Pages

0-0


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Korsakienė, Renata
Vilnius Gediminas Technical University, Vilnius, Lithuania https://www.vgtu.lt
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Diskienė, Danuta
Vilnius University, Vilnius, Lithuania https://www.vu.lt
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Smaliukienė, Rasa
General Jonas Žemaitis Military Academy of Lithuania, Vilnius, Lithuania http://www.lka.lt
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Journal title

Entrepreneurship and Sustainability Issues

Volume

2


Number

3


Issue date

March 2015


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References