Institutional Impacts on Firm Internationalization

The role and significance of institutions in home and host countries in the process of firm internationalization has recently attracted the ever increasing attention of scholars and practitioners in the area of international business. Though some publications have been in circulation there still is a scarcity of appropriate insights concerning the impacts and the role of institutions in the diverse home and host contexts in which firms internationalize.

Institutional Impacts on Firm Internationalization addresses various aspects of the investigated phenomenon, providing an insight in the role of the varieties of capitalism on the globalization of business activities worldwide. As a key way of internationalization, outward foreign direct investment process is critically analysed from home countries' perspective focusing on emerging economies contexts. Furthermore, the role of national government as a major institution is investigated and how this role will vary depending on the contextual specifics of firm internationalization processes. The impact of institutions on the formation of firm internationalization is put under scrutiny, while special attention is devoted to particular industries, namely retailing and pharmaceutical. The book concludes with unifying remarks on the role of institutions in the processes of firm internationalization giving theoretical as well as practical perspectives.

Dr Svetla Trifonova Marinova, Associate Professor of International Business at Aalborg University, Denmark, has an MBA degree from Warwick University, UK, and a PhD degree from Copenhagen Business School, Denmark. She has taught on both sides of the Atlantic, conducted extensive research, co-authored seven books and published more than seventy papers in scholarly journals.

1. Introduction
2. Convergence versus Divergence: Testing Varieties of Capitalism Perspective on the Globalization of Business Practices; Andrei Kuznetsov and Marcus Jacob
3. Institutional Determinants of Outward Foreign Direct Investment from Emerging Economies: A Home Country Perspective; Mohamed Amal and Bruno Thiago Tomio
4. Effects of Government Economic Policy on Outward Foreign Direct Investment: Experience from China and the EU1; Witold Wilinski and Xiaoxin Li
5. Foreign Direct Investment Growth in China: Implications for Politics, the Economy and Culture; Attila Yaprak and Yingtao Xiao
6. Should Governments Support Outward FDI?: The Case of Poland; Marian Gorynia, Jan Nowak, Piotr Trapczynski and Radoslaw Wolniak
7. Innovation in Emerging Economies: The Spillover Effects of Foreign Direct Investment and Institutions in Russia; Natalya Smith and Ekaterina Thomas
8. The Role of Home Governments in Outward Foreign Direct Investment; Svetla Marinova, John Child and Marin Marinov
9. Structural Model of Institutional Environment Influence on International Entrepreneurship in Emerging Economies; Daria Volchek, Sami Saarenketo and Ari Jantunen
10. The Effects of Country and Industry Factors on the Competitive Advantage of European Construction Firms Operating in Russia; Andrei Panibratov
11. Understanding Failure in International Retailing: An Institutional Framework for Future Investigation; Alphonse Aklamanu
12. Key Determinants of Retail Internationalization: Do Institutions Matter?; Michael R. Czinkota, Svetla Marinova, A. Coskun Samli and Zhizhong Jiang
13. Firm Internationalisation and Institutions: The Case of Pharmaceutical Retailing; Anna Karhu