Abstract
The paper AU :3 explores the stages of development of an outward foreign direct
investment (OFDI) institutional field during periods of major system
change in big emerging economies. The state and its agencies appear to be
the principal institutional entrepreneurs in developing the OFDI
organizational field. Consequently, the development of OFDI institutions
depends heavily on the extent to which state policy is consistent in
supporting the regulative, normative and cognitive pillars enabling and
promoting but also monitoring and controlling OFDI. The paper
concludes by advancing theoretical propositions positing the relationship
between continuity, the maturity of the OFDI organizational field and the
level of institutional entrepreneurship stemming from governmental and
business sources.
investment (OFDI) institutional field during periods of major system
change in big emerging economies. The state and its agencies appear to be
the principal institutional entrepreneurs in developing the OFDI
organizational field. Consequently, the development of OFDI institutions
depends heavily on the extent to which state policy is consistent in
supporting the regulative, normative and cognitive pillars enabling and
promoting but also monitoring and controlling OFDI. The paper
concludes by advancing theoretical propositions positing the relationship
between continuity, the maturity of the OFDI organizational field and the
level of institutional entrepreneurship stemming from governmental and
business sources.
| Original language | English |
|---|---|
| Book series | Advances in International Management |
| Volume | 25 |
| Issue number | 2012 |
| Pages (from-to) | 233-261 |
| ISSN | 1571-5027 |
| Publication status | Published - Jun 2012 |
Keywords
- outward foreign direct investment
- emerging markets
- Institutional entrepreneurship
- Institutional field