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| Author: | Peng, M. W. |
| Title: | Towards an Institution-Based View of Business Strategy |
| Journal: | Asia Pacific Journal of Management
2002 : AUG, VOL. 19:2-3, p. 251-268 |
| Index terms: | INSTITUTIONS MANAGEMENT STRATEGY ASIA |
| Language: | eng |
| Abstract: | This article focuses on a key topic: why 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. Drawing from recent research on Asian organizations, the author argue that in addition to these existing theories, a new, institution- based view has emerged to account for differences in business strategy. |
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