TY  - CHAP
AB  - Purpose – By means of this case study, we aim to learn from failure and provide an explanatory approach why the promising prospects in a developing country could not be exploited and strategic actions failed.Design/methodology/approach – Based on literature within the areas of uncertainty, entrepreneurial activity and political strategy, we provide an event-based case analysis and develop an explanatory model as to why the foreign direct investment (FDI) failed.Findings – Results provide insights on the effectiveness of political strategies and point to the relevance of entrepreneurial overconfidence as a diminishing cognitive process leading to a misinterpretation of both internal and external conditions.Originality/value – The exploratory study provides in-depth insights on a failed business and presents an explanatory approach for the business’ collapse.
VL  - 7
SN  - 978-1-78190-020-8, 978-1-78190-021-5/1745-8862
DO  - 10.1108/S1745-8862(2012)0000007012
UR  - https://doi.org/10.1108/S1745-8862(2012)0000007012
AU  - Heidenreich Stefan
AU  - Puck Jonas F.
ED  - Rob Van Tulder
ED  - Alain Verbeke
ED  - Liviu Voinea
PY  - 2012
Y1  - 2012/01/01
TI  - The Illusion of Political Power: Evidence from a Failed FDI in a Developing Market
T2  - New Policy Challenges for European Multinationals
T3  - Progress in International Business Research
PB  - Emerald Group Publishing Limited
SP  - 203
EP  - 229
Y2  - 2024/05/10
ER  -