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1 – 10 of 120Rui Martins, Luis Farinha and João J. Ferreira
This study aims to obtain insights based on empirical evidence that identify the key drivers and obstacles that lead companies to (re)/enter markets and distinguish the different…
Abstract
Purpose
This study aims to obtain insights based on empirical evidence that identify the key drivers and obstacles that lead companies to (re)/enter markets and distinguish the different paths SMEs take. This also provides deeper insights into internationalisation, success, failure and the potential for the re-internationalisation of the SMEs.
Design/methodology/approach
The authors used a qualitative research methodology based on six case studies and with recourse to semi-structured interviews with the senior managers of exporting SMEs.
Findings
The results report that SMEs with major investments deployed in their internationalisation processes, through recourse to high levels of bank financing, in association with the COVID-19 pandemic period, were not able to successfully overcome the process of internationalisation and culminating in their own bankruptcies.
Originality/value
This study shows how, despite such failures, the attractiveness and reputation of the brand, supported by the strategic vision and perseverance of new investors (entrepreneurs), enabled the rebirth of the brands and opening the door to their re-entering international markets.
Meta
Este estudio pretende obtener perspectivas basadas en pruebas empíricas que identifiquen los motores y obstáculos clave que llevan a las empresas a (re)/entrar en los mercados y distinguir los distintos caminos que siguen las PYME. Asimismo, se profundiza en la internacionalización, el éxito, el fracaso y el potencial de reinternacionalización de las PYME.
Diseño/metodología/enfoque
Los autores utilizaron una metodología de investigación cualitativa basada en seis estudios de casos y con recurso a entrevistas semiestructuradas con altos directivos de PYME exportadoras.
Conclusiones
Los resultados informan de que PYMEs con grandes inversiones desplegadas en sus procesos de internacionalización, a través del recurso a altos niveles de financiación bancaria, en asociación con el periodo de pandemia COVID-19, no fueron capaces de superar con éxito el proceso de internacionalización y culminaron en sus propias quiebras.
Originalidad/Valor
Este estudio muestra cómo, a pesar de tales fracasos, el atractivo y la reputación de la marca, apoyados por la visión estratégica y la perseverancia de los nuevos inversores (empresarios), permitieron el renacimiento de las marcas y abrieron la puerta a su reentrada en los mercados internacionales.
Objetivo
Este estudo procura obter insights com base em evidências empíricas que identifiquem os principais drivers e obstáculos que levam as empresas a (re)/entrar nos mercados e distinguir os diferentes caminhos percorridos pelas PME . Isso também fornece insights mais profundos sobre internacionalização, sucesso, fracasso e o potencial para a re-internacionalização das PMEs.
Design/metodologia/abordagem
Os autores utilizaram uma metodologia de investigação qualitativa baseada em seis estudos de caso e com recurso a entrevistas semiestruturadas a quadros superiores de PME exportadoras.
Resultados
Os resultados dão conta de que as PME com grandes investimentos efetuados nos seus processos de internacionalização, através do recurso a elevados níveis de financiamento bancário, em associação com o período de pandemia COVID-19, não conseguiram ultrapassar com sucesso o processo de internacionalização e culminando na sua própria falências.
Originalidade/Valor
Este estudo mostra como, apesar de tais falhas, a atratividade e a reputação da marca, apoiadas na visão estratégica e na perseverança de novos investidores (empreendedores), permitiram o renascimento das marcas e abriram as portas à sua reentrada nos mercados internacionais.
Details
Keywords
- Brand rebirth
- Case study
- Internationalisation
- Internationalisation strategy
- Re-internationalisation
- SME internationalisation
- Renacimiento de la marca
- Estudio de caso
- Internacionalización
- Estrategia de internacionalización
- Reinternacionalización
- Internacionalización de las PYME
- Renascimento da marca
- Estudo de caso
- Internacionalização
- Estratégia de internacionalização
- Re-internacionalização
- Internacionalização de PME
Anthony L. Wagner and Erich Dietrich
This chapter examines the internationalisation of public higher education in Brazil using the theoretical triptych of internationalisation as developed by leading scholars in the…
Abstract
This chapter examines the internationalisation of public higher education in Brazil using the theoretical triptych of internationalisation as developed by leading scholars in the field: internationalisation at home (IaH), internationalisation abroad (IA), and internationalisation at a distance (IaD). This framework – while rooted in knowledge, systems, and scholarship from researchers and institutions in the Global North – is a constructive tool for categorising and understanding internationalisation at Brazil’s higher education institutions (HEIs) when coupled with an exploration of the history, context, policy, and dynamics of internationalisation efforts. The chapter then summarises and underscores recent and important scholarship by Brazilian researchers and others in the Global South that describes the history of the nation’s internationalisation efforts. It also critiques the powerful influence that Global North-centred objectives and priorities for internationalisation have on the process at Brazilian HEIs. Following a discussion of the theoretical framework and relevant literature, the chapter provides a case study of internationalisation efforts and initiatives of an elite public university, the Universidade Federal de Minas Gerais (UFMG). Content analysis of UFMG’s website and publicly available reports and data demonstrates a high level of institutional internationalisation that has unfolded in recent years, stimulated by federal funding and guided by a strategic framework developed within the Ministry of Education. An analysis of UFMG’s mission, partnerships and programmes finds that the institution serves as an example of internationalisation in Brazil’s public higher education context, as its programmes and initiatives exemplify the overarching objectives of internationalisation in Brazilian higher education.
Details
Keywords
Caio Sousa and Luciana Soares Silva
This study aims to propose a framework based on the main theoretical and empirical contributions present in the literature and articulate the main paths for future studies in…
Abstract
Purpose
This study aims to propose a framework based on the main theoretical and empirical contributions present in the literature and articulate the main paths for future studies in knowledge-intensive entrepreneurship (KIE).
Design/methodology/approach
Using the systematic review method from a survey of 85 articles, related to the KIE focal issue, originated from the Web of Science, it was possible to exhaustively analyze the studies and to divide the theme into key categories.
Findings
The present research has raised the relationship of five categories to KIE conceptualizations; the data suggest that although the literature indicates a distancing from KIE research, there are multidisciplinary themes and approaches interlinked in the studies.
Originality/value
The systematic approach in the main theoretical and empirical contributions in KIE enabled us to relate five categories (entrepreneurs, innovation, internationalization, location and triple alliance), and finally, to understand the gaps suggested by the researchers.
Objetivo
El objetivo de este estudio es proponer un marco basado en las principales aportaciones teóricas y empíricas presentes en la literatura y articular los principales caminos para estudios futuros en Emprendimiento Intensivo y Conocimiento-EIC.
Diseño/metodología/aproximación
Una revisión sistemática de 85 artículos, relacionados con el tema focal del EIC, se originó en la Web of Science, permitió analizar exhaustivamente los estudios y dividir el tema en categorías clave.
Resultados
La presente investigación ha planteado la relación de cinco categorías con las conceptualizaciones EIC; nuestros datos sugieren que aunque la literatura indica un distanciamiento de la investigación EIC, hay temas y enfoques multidisciplinares interrelacionados en los estudios.
Originalidad/valor
El enfoque sistemático en las principales contribuciones teóricas y empíricas en EIC nos permitió relacionar cinco categorías (empresarios, innovación, internacionalización, ubicación y triple alianza) y, finalmente, comprender las brechas sugeridas por los investigadores.
Palabras clave
Emprendimiento intensivo en conocimiento, Revisión sistemática, Agenda de investigación
Tipo de artículo
Artículo de investigación
Objetivo
O objetivo deste estudo é propor uma estrutura baseada nas principais contribuições teóricas e empíricas presentes na literatura e articular os principais caminhos para futuros estudos em Empreendedorismo Intensivo em Conhecimento-EIC.
Design/metodologia/abordagem
Utilizando o método de revisão sistemática a partir de uma pesquisa de 85 artigos, relacionada à questão focal do EIC originada da Web of Science, foi possível analisar exaustivamente os estudos e dividir o tema em categorias-chave.
Resultados
A presente pesquisa levantou a relação de cinco categorias para conceituações EIC. Nossos dados sugerem que, embora a literatura indique um distanciamento da pesquisa do EIC, existem temas e abordagens multidisciplinares interligadas nos estudos.
Originalidade/valor
A abordagem sistemática nas principais contribuições teóricas e empíricas do EIC permitiu relacionar cinco categorias (empreendedores, inovação, internacionalização, localização e tripla aliança) e, finalmente, compreender as lacunas sugeridas pelos pesquisadores.
Palavras-chave
Empreendedorismo intensivo em conhecimento, Revisão sistemática, Agenda de pesquisa
Tipo de artigo
Revisão Geral
Details
Keywords
Technological entrepreneurship is distinguished from other types of initiatives by its innovative characteristics and rapid growth, as well as by the high uncertainty it faces…
Abstract
Purpose
Technological entrepreneurship is distinguished from other types of initiatives by its innovative characteristics and rapid growth, as well as by the high uncertainty it faces, both in terms of investment cost and capacity for continuous adaptation. The purpose of this study is to investigate the definitions, measures and methods that have been used to investigate the phenomenon and to define the process of the “entrepreneurial journey” and the associated typologies according to the technological level.
Design/methodology/approach
This paper provides a systematic review of the literature on technological entrepreneurship focusing on emerging economies in Latin America. Based on the review of 62 papers, it analyses the current state and future research perspectives on the topic.
Findings
The authors can conclude that technological entrepreneurship in Latin America has great opportunities, especially linked to growth, but faces the threats of an uncertain and dynamic environment. Taking advantage of technologies allows the formulation of unique value propositions linked to the environment through innovation that improves the quality of life of the population.
Research limitations/implications
This study is a starting point for the development of research on resilient technology ventures. Latin America represents a limited location but offers insight into the developing phenomenon to measure the impacts that this phenomenon generates in society.
Originality/value
Considering the possibilities offered by technology and its continuous evolution, the impact that this type of entrepreneurship generates on the environment can be on a global scale. However, high growth and success are as likely as a failure and this is part of the improvement process.
Propósito
El emprendimiento tecnológico se distingue de otros tipos de iniciativas por sus características innovadoras y su rápido crecimiento, así como por la elevada incertidumbre a la que se enfrenta, tanto en términos de coste de inversión como de capacidad de adaptación continua. El objetivo es investigar las definiciones, medidas y métodos que se han utilizado para investigar el fenómeno y definir el proceso del “viaje emprendedor” y las tipologías asociadas según el nivel tecnológico.
Diseño/metodología/enfoque del estudio
Este artículo ofrece una revisión sistemática de la literatura sobre emprendimiento tecnológico centrada en las economías emergentes de América Latina. A partir de la revisión de 62 artículos, se analiza el estado actual y las perspectivas futuras de investigación sobre el tema.
Hallazgos
Al comparar nuestros hallazgos con los trabajos existentes, podemos concluir que el emprendimiento tecnológico en América Latina tiene grandes oportunidades, especialmente vinculadas al crecimiento, pero se enfrenta a las amenazas de un entorno incierto y dinámico. El aprovechamiento de las tecnologías permite formular propuestas de valor únicas vinculadas al entorno a través de la innovación que mejora la calidad de vida de la población.
Originalidad/valor
Considerando las posibilidades que ofrece la tecnología y su continua evolución, el impacto que este tipo de emprendimiento genera en el entorno puede llegar a ser a escala global. Sin embargo, el alto crecimiento y el éxito son tan probables como el fracaso y esto forma parte del proceso de mejora.
Limitaciones/implicaciones de la investigación
Este estudio es un punto de partida para el desarrollo de investigación acerca de emprendimientos tecnológicos resilientes. Latinoamérica representa una locación límitada pero ofrece una visión del fenómeno en desarrollo para medir los impactos que este fenómeno genera en la sociedad.
Palabras clave
Emprendimiento tecnológico, América Latina, Innovación, Tecnología, Internacionalización
Tipo de papel
Revisión de literatura
Objectivo
O empreendedorismo tecnológico distingue-se de outros tipos de iniciativas pelas suas características inovadoras e rápido crescimento, bem como pela elevada incerteza que enfrenta, tanto em termos de custo de investimento como de capacidade de adaptação contínua. O objectivo é investigar as definições, medidas e métodos que têm sido utilizados para investigar o fenómeno e definir o processo da “viagem empresarial” e as tipologias associadas de acordo com o nível de tecnologia.
Concepção/metodologia/abordagem do estudo
Este artigo fornece uma revisão sistemática da literatura sobre empreendedorismo tecnológico centrada nas economias emergentes da América Latina. Com base na revisão de 62 artigos, analisa o estado actual e as perspectivas futuras da investigação sobre o tema.
Descobertas
Comparando as nossas conclusões com o trabalho existente, podemos concluir que o empreendedorismo tecnológico na América Latina tem grandes oportunidades, especialmente ligadas ao crescimento, mas enfrenta as ameaças de um ambiente incerto e dinâmico. O aproveitamento das tecnologias permite a formulação de propostas de valor únicas ligadas ao ambiente através da inovação que melhora a qualidade de vida da população.
Originalidade/valor
Considerando as possibilidades oferecidas pela tecnologia e a sua contínua evolução, o impacto que este tipo de empreendimento gera no ambiente pode ser à escala global. No entanto, um crescimento e sucesso elevados são tão prováveis como um fracasso e isto faz parte do processo de melhoria.
Limitações/implicações da investigação
Este estudo é um ponto de partida para o desenvolvimento da investigação em empreendimentos de tecnologia resiliente. A América Latina representa uma localização limitada, mas oferece uma visão do fenómeno em desenvolvimento a fim de medir os impactos que este fenómeno gera na sociedade.
Palavras-chave
Empreendedorismo tecnológico, América Latina, Inovação, Tecnologia, Internacionalização
Tipo de papel
Revisão da literatura
Details
Keywords
Julia Paranhos, Fernanda Steiner Perin, Eduardo Mercadante and Caroline Soares
The purpose of this paper is to analyze the strategies and organizational forms used by large Brazilian pharmaceutical companies (LBPCs) in interaction with universities for the…
Abstract
Purpose
The purpose of this paper is to analyze the strategies and organizational forms used by large Brazilian pharmaceutical companies (LBPCs) in interaction with universities for the development of innovation.
Design/methodology/approach
In the pharmaceutical industry, a science-based sector, the source of new knowledge is often outside the company environment. Thus, the search for innovation depends on the company’s strategic decisions of cooperation. This research uses the case study method, with secondary data from the 2008, 2011 and 2014 Innovation Survey (Pintec) about the innovative efforts of LBPCs, as well as primary data from semi-structured interviews with six of them.
Findings
The most recent data on innovation in Brazil show changes in the innovative efforts of LBPCs, involving the raise in the interaction with universities. The results of the field research also show that the LBPCs have differentiated innovative structures and are effectively using strategies for partnerships with universities, through the creation of radical innovation departments, the establishment of internal scientific committees and the internationalization of research and development.
Originality/value
These findings contribute to the literature on the industry-university interactions in Brazil and in developing countries. However, this analysis cannot be generalized for the Brazilian pharmaceutical industry as it uses the case study method. Moreover, it is too early to determine if the identified strategies were successful. Nonetheless, it is worth mentioning that the strategies of the six interviewed companies differ greatly from the patterns of the Brazilian pharmaceutical industry and the manufacturing industry.
Objetivo
El objetivo de este artículo es analizar las estrategias y estructuras organizacionales de las grandes empresas farmacéuticas brasileñas (GEFBs) en la interacción con universidades para el desarrollo innovador. En la industria farmacéutica, un sector basado en la ciencia, la fuente del conocimiento suele estar fuera del ambiente de la empresa. Por lo tanto, la búsqueda de la innovación depende de las decisiones estratégicas de cooperación de la empresa.
Diseño/metodología/aproximación
Esta investigación utiliza el método de estudio de caso, a partir de datos secundarios de la Encuesta de Innovación (Pintec) de 2008, 2011 y 2014 sobre los esfuerzos innovadores de las GEFBs, así como datos primarios de entrevistas semiestructuradas con seis de ellas.
Resultados
Los datos más recientes sobre innovación en Brasil muestran cambios en los esfuerzos innovadores de las GEFBs, incluyendo ampliación de la interacción con universidades. Los resultados de la investigación de campo también indican que las GEFBS poseen estructuras innovadoras diferenciadas y están aplicando estratégicas de alianzas con universidades, por la creación de departamentos de innovación radical, por el establecimiento de comités científicos internos y por la internacionalización de la investigación e innovación.
Limitaciones de la investigación/implicaciones
Este análisis no puede ser generalizado para la industria farmacéutica brasileña por utilizar el método de estudio de caso. Además, es muy temprano para determinar si las estrategias identificadas obtuvieron éxito.
Palabras claves
Estrategias empresariales, interacción universidad-empresa, Brasil
Tipo de artículo
Estudio de caso
Originalidad/valor
Estos resultados contribuyen a la literatura sobre interacciones universidad-empresa en Brasil y en países en desarrollo. Asimismo, debe ser mencionado que las estrategias de las seis empresas entrevistadas difieren considerablemente de los padrones de la industria farmacéutica y de la industria de transformación brasileñas.
Objetivo
O objetivo deste artigo é analisar as estratégias e estruturas organizacionais das grandes empresas farmacêuticas brasileiras (GEFBs) na interação com universidades para o desenvolvimento inovativo. Na indústria farmacêutica, um setor baseado em ciência, a fonte do conhecimento costuma estar fora do ambiente da empresa. Portanto, a busca pela inovação depende das decisões estratégicas de cooperação da empresa.
Design/metodologia/abordagem
Esta pesquisa utiliza o método de estudo de caso, a partir de dados secundários da Pesquisa de Inovação (Pintec) de 2008, 2011 e 2014 sobre os esforços inovativos das GEFBs, assim como dados primários de entrevistas semiestruturadas com seis delas. Os dados mais recentes sobre inovação no Brasil mostram mudanças nos esforços inovativos das GEFBs, incluindo a ampliação da interação com universidades.
Resultados
Os resultados da pesquisa de campo também indicam que as GEFBs possuem estruturas inovativas diferenciadas e estão efetivamente aplicando estratégicas de parcerias com universidades, pela criação de departamentos de inovação radical, pelo estabelecimento de comitês científicos internos e pela internacionalização da pesquisa e inovação.
Limitações de pesquisa/implicações
Esta análise não pode ser generalizada para a indústria farmacêutica brasileira por utilizar o método de estudo de caso. Ademais, é muito cedo para determinar se as estratégias identificadas obtiveram sucesso.
Originalidade/valor
Esses resultados contribuem para a literatura sobre interações universidade-empresa no Brasil e em países em desenvolvimento. Outrossim, deve ser mencionado que as estratégias das seis empresas entrevistadas diferem consideravelmente do padrão da indústria farmacêutica e da indústria de transformação brasileiras.
Palavras chaves
Estratégias empresariais, interação universidade-empresa, indústria farmacêutica, Brasil
Tipo de artigo
Estudo de caso
Details
Keywords
Felipe F. Guimarães and Kyria Rebeca Finardi
This chapter discusses a paradigm shift in the internationalization of higher education (IHE) in relation to the impacts of the Covid-19 pandemic, redirecting the focus from a…
Abstract
This chapter discusses a paradigm shift in the internationalization of higher education (IHE) in relation to the impacts of the Covid-19 pandemic, redirecting the focus from a “competition” to a “cooperation” orientation in this process. The disruptions caused by the pandemic in physical academic mobility, often equated with IHE, enabled the switch to virtual mobility, including more academics and cooperation in the process of IHE. In order to illustrate and ground the discussion proposed here, this chapter describes a study carried out in a Brazilian public institution, using a mixed methods approach, combining bibliographic and document research techniques with the analysis of notes from staff meetings and class observations. The analysis of notes taken during classes and meetings held through virtual exchanges (VE) and/or a Collaborative Online International Learning (COIL) project, carried out during the pandemic in the university analyzed, contrasted with the bibliographic/document analyses suggests a paradigm shift from academic mobility (for a few students only), with a “competition” orientation with partners mainly from the Global North, to a more inclusive and cooperative process, with different languages and more universities around the world. The authors conclude that virtual and alternative approaches such as VE/COIL can foster the development of more inclusive Internationalization at Home (IaH) processes, with a “cooperation” orientation.
Details
Keywords
This chapter applies the business diplomacy concept to Brazil, a leading emerging economy and a member of the BRICS group. Brazil’s emergence as a new economic power has…
Abstract
Purpose
This chapter applies the business diplomacy concept to Brazil, a leading emerging economy and a member of the BRICS group. Brazil’s emergence as a new economic power has facilitated the emergence of several large national champions whose international behavior is understudied.
Design/methodology/approach
The chapter presents an extensive review of secondary sources and selective use of previous survey data compiled by the author.
Findings
This chapter adds to the literature on business diplomacy and contributes empirical research on a leading emerging power. Brazil’s ambitious diplomatic agenda is matched by the country’s growing number of internationalized companies. Brazilian corporate managers need to increase their business diplomacy competency to effectively leverage their presence and legitimacy abroad.
Research limitations/implications
Additional case studies will foster a more robust theory regarding business diplomacy of emerging economies.
Practical implications
A growing number of cases of business diplomacy in Brazil will benefit both business and diplomacy communities and facilitate greater research collaboration.
Social implications
How Brazilian business diplomats navigate between the boundaries of international business, diplomacy, and foreign policy are important questions for a country concerned with its international role and its goal of becoming a key actor in the international arena. A better understanding of how business diplomacy works in Brazil together with more case studies will benefit a new generation of business leaders.
Originality/value
The behavior of Brazilian business elites in international affairs remains largely unexplored. This work’s original contribution is precisely in the form of its focus on Brazilian business diplomats and how business diplomacy is exercised by Brazilian companies.
Details
Keywords
Fernanda Leal, Kyria Rebeca Finardi and Maria Julieta Abba
The immersion of global higher education in a competitive, economy-oriented paradigm calls for perspectives on internationalisation that are explicitly aimed at shaping…
Abstract
The immersion of global higher education in a competitive, economy-oriented paradigm calls for perspectives on internationalisation that are explicitly aimed at shaping cooperative, sustainable and alternative/decolonial futures. The authors of this chapter recognise the relevance of research perspectives that – epistemologically aligned with critical internationalisation studies – emphasise the dilemmas and contradictions of internationalisation of higher education (IHE). In this chapter, the authors therefore present reflections that confront the hegemonic discourse that portrays the phenomenon of IHE as an unconditional good. The authors dialogue with the idea of promoting a perspective of IHE from and for the Global South – that is, one that instead of suppressing, recognises the epistemic plurality of the world. To do so, the authors assume that any critical efforts to address internationalisation in the context of the Global South can be enriched when explicitly situated within colonial history. The authors argue that looking towards the future of IHE requires a look towards its past. Specifically, the authors bring together four interrelated lines of argument: (i) recognising the university as a historical producer and reproducer of colonial hierarchies; (ii) conceiving the Global South as a field of epistemic challenges; (iii) having a non-myopic view of South–South cooperation; and (iv) spreading the epistemological horizon of internationalisation. Such reflections might contribute to envisioning new horizons for IHE in the Global South and its relation with those who have been relegated to a status of invisibility.
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Keywords
Danilo Romeu Streck, Maria Julieta Abba, Paulina Latorre and Carolina Schenatto da Rosa
The article aims at exploring the challenges and possibilities of cooperation of higher education in a Latin American social, political and cultural context that faces historical…
Abstract
Purpose
The article aims at exploring the challenges and possibilities of cooperation of higher education in a Latin American social, political and cultural context that faces historical difficulties of integration, as well as the potential contribution of academic cooperation for global citizenship.
Design/methodology/approach
The paper presents a general overview of networks and international centers of academic cooperation of higher education in Latin America. The analysis comprises objectives, countries, stakeholders, activities, projects and scope. The study is based on literature on internationalization, regional integration and the development of higher education, as well as on empirical gathered with networks/centers and key actors in the field. This study was carried out as a mixed qualitative method design. Firstly, a systematic review of a literature corpus of studies produced by Latin-American scholars was performed. Semi-structured interviews were then carried out with a group of scholars who are members of networks.
Findings
The findings include a review of the role of higher education in a politically fragmented reality, a panorama of major networks and international centers of academic cooperation with emphasis on internationalization of higher education, as well as their connections. The are highlighted examples of successful initiatives of cooperation and, based on interviews, there is presented a preliminary view on cooperation and trust building from professionals in higher education in Latin America.
Originality/value
In the last decades, with the growing interest and need for internationalizing higher education, many universities have organized or joined networks and international centers. The article will contribute for mutual knowledge of these spaces, their shortcomings and potentials, thus creating conditions for dialogue among them, as well as with universities in other continents.
Details
Keywords
Afonso Fleury and Maria Tereza Leme Fleury
This paper questions currently accepted arguments about the impacts of pro-market reforms in the internalization of emerging country firms, through an in-depth analysis of the…
Abstract
Purpose
This paper questions currently accepted arguments about the impacts of pro-market reforms in the internalization of emerging country firms, through an in-depth analysis of the Brazilian case, thus revealing new dimensions to add to the extant literature.
Design/methodology/approach
Historical analysis is the central mode of investigation leading to a commitment of offering historically grounded explanation for pro-market reform impacts in the Brazilian industry.
Findings
Outcomes reveal that the impacts of pro-market reforms depend on (a) the purpose of their adoption, (b) the compatibility with the features of the local institutional context, and (c) the relative bargaining power of local firms vis-à-vis foreign multinationals.
Research limitations
The research is based on the Brazilian experience only which is indicative of what may have happened in other Latin American countries; however, the analytical approach may be extended to the study of other emerging countries.
Practical and social implications
By having a systemic perspective encompassing the different actors and the interdependence among themselves, it allows for an enhanced view of the factors which led to the adoption of pro-market reforms and the forces which acted for its configuration, thus helping policy-makers to better approach industrial policy-making.
Originality
A longitudinal perspective within a historical analysis is adopted, focusing on the interplay of macro-level and firm-level factors, resulting in a better understanding of the reasons which led to the adoption of pro-market reforms, the resistance to its implementation and its real outcomes.
Details