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New Research Directions in the Institution-Based View

Multidisciplinary Insights from New AIB Fellows

ISBN: 978-1-78441-039-1, eISBN: 978-1-78441-038-4

Publication date: 11 August 2014

Abstract

This paper points out new directions for the deepening and broadening of the institution-based view, by drawing on three streams of research with which I have been involved recently: (1) outward foreign direct investment from emerging economies, (2) bankruptcy laws and entrepreneurship development, and (3) institution-based research focusing on Africa. Such deepening has been accomplished by enhancing our institution-based understanding of foreign direct investment with a focus on emerging multinationals, while broadening has been done both substantively by probing into the impact of bankruptcy laws on entrepreneurship development around the world and geographically by calling for enhanced research attention on Africa via an institution-based lens.

Keywords

Acknowledgements

Acknowledgment

I greatly appreciate Jean J. Boddewyn’s support and encouragement. Thanks are also due to Alan M. Rugman and Rosalie Tung for constructive feedback, and to Steve Sauerwald and Cristina Vlas for research assistance. I also acknowledge support from the Jindal Chair at UT Dallas.

I remain grateful to John Dunning’s tremendous support. Despite his busy schedule and declining health, he accepted my invitations twice to contribute to the Asia Pacific Journal of Management, when I served as its Editor-in-Chief. Dunning’s (2006) piece is a commentary on Mathews (2006), which has gone on to become an influential article in the literature on emerging multinationals. As indicated by the title, Dunning and Lundan (2008) dealt with “institutions and the OLI paradigm of the multinational enterprise.” It turned out to be the last article concluding Dunning’s illustrious career before his death in 2009.

Citation

Peng, M.W. (2014), "New Research Directions in the Institution-Based View", Multidisciplinary Insights from New AIB Fellows (Research in Global Strategic Management, Vol. 16), Emerald Group Publishing Limited, Leeds, pp. 59-78. https://doi.org/10.1108/S1064-485720140000016002

Publisher

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Emerald Group Publishing Limited

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