Abstract
This article focuses on a key question: Why do strategies of firms from different countries differ? Drawing from recent research on business strategies in Asian organizations, this article outlines the emergence of an institution-based view of business strategy which sheds light on why firms differ, reviews four streams of research in a broad range of countries, and critiques and extends some of the current work by suggesting a number of future research directions.
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Peng, M.W. Towards an Institution-Based View of Business Strategy. Asia Pacific Journal of Management 19, 251–267 (2002). https://doi.org/10.1023/A:1016291702714
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DOI: https://doi.org/10.1023/A:1016291702714