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Title: The Impact of Institutional Transformations on MNE Entrepreneurship in Emerging Economies
Authors: Adamoglou, Xanthippe
Hajidimitriou, Yannis A.
Type: Article
Subjects: FRASCATI::Social sciences::Economics and Business::Business and Management
Keywords: multinational enterprises
institutional avoidance
institutional development
economic development
economic growth
institutional adaptation
institutional coevolution
emerging economies
Issue Date: 2021
Publisher: University of Piraeus, Greece
Source: SPOUDAI Journal of Economics and Business
Volume: 17
Issue: 1 - 2
First Page: 48
Last Page: 66
Abstract: This paper examines how an emerging economy’s institutional context motivates different forms of MNE entrepreneurship, which, subsequently, leads either to development or growth. To do so, the paper distinguishes emerging economies’ institutional environment into a state of stable conditions and a state of crisis and it reconciles such a distinction with Cantwell’s et al. (2010) coevolution framework. Secondary statistic data, in conjunction with the appreciative method, have been applied to test the three hypotheses developed. Results reveal that in the periods 1990-2001 and 2008-2011 institutional avoidance and adaptation took place. In the period 2002-2007 institutional coevolution emerged, while in the period 2012-2016 institutional avoidance prevailed.
ISSN: 1105-8919
Electronic ISSN: 2241-424X
Appears in Collections:Department of Business Administration

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