Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.8/39
Title: The impact of strategic resource seeking and market seeking strategies on foreign entry modes under institutional pressures
Authors: Ferreira, Manuel Portugal
Serra, Fernando Ribeiro
Keywords: Strategic resource seeking
Market seeking
Institutional environment
Foreign entry modes
Issue Date: Jul-2008
Publisher: Instituto Politécnico de Leiria. globADVANTAGE - Center of Research in International Business & Strategy
Citation: FERREIRA, Manuel Portugal; SERRA, Fernando Ribeiro - The impact of strategic resource seeking and market seeking strategies on foreign entry modes under institutional pressures. globADVANTAGE Working Paper. N.º 23 (2008), p. 1-26.
Series/Report no.: Working paper;23
Abstract: Multinational corporations (MNCs) are subject to the various dimensions of the external institutional environments where they operate. Institutional theory suggests that MNCs need to conform to the prevailing rules, norms and procedures of the locations where they operate in order to survive and grow. This means that MNCs need to develop the best possible configuration of strategy-structure for their worldwide operations. Previous research has noted that in these conditions firms may simply seek to follow a referent other. However, MNCs’ specific strategy for a focal foreign operation is likely to determine the entry mode for each host country. That is, in certain circumstances it may be whether MNCs are pursuing a market-seeking strategy or a strategic resource seeking strategy that shapes the entry mode in face of the prevailing institutional pressures. We contribute to the understanding of entry modes into foreign markets as a reflection of a strategic choice that is bound by institutional constraints.
URI: http://hdl.handle.net/10400.8/39
Appears in Collections:Working papers

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