Abstract In "Probing Theoretically into Central and Eastern Europe: Transactions, Resources, and Institutions," we outlined the contributions of research in Central and Eastern Europe (CEE) to theoretical debates in business research. In this retrospective, we reflect upon the evolution of the field over the past decade. With the fading impact of CEE's distinct shared history, we suggest that CEE best be analyzed as emerging economies, rather than as a distinct geographic entity. Emerging economy business research is converging on common themes and shared theoretical ideas, while identifying critical variations that constrain generalizations among and beyond emerging economies. This research thus highlights the need to develop a better understanding of the boundary conditions of scholarly theories of business knowledge. Over the past decade, the institutionbased view has emerged from distinct intellectual traditions in institutional economics, organizational theory, and the analysis of business-government bargaining. Research in these converging lines of theorizing places contextual variations at the center of explanations of business phenomena around the world. We suggest that the institution-based view is evolving toward a paradigm, and offer suggestions on how to advance this research agenda further, in particular by exploring how firms engage with different sets of potentially conflicting institutions at multiple levels and locations. Show Journal Information Journal of International Business Studies (JIBS) is a top-ranked peer-reviewed journal in the field of international business; its goal is to publish insightful, innovative and impactful research on international business. JIBS is multidisciplinary in scope, and interdisciplinary in content and methodology. JIBS is an official publication of the Academy of International Business. JIBS is published 9 times a year. Publisher Information Palgrave Macmillan is a global academic publisher, serving learning and scholarship in higher education and the professional world. We publish textbooks, journals, monographs, professional and reference works in print and online. Our programme focuses on the Humanities, the Social Sciences and Business. As part of the Macmillan Group, we represent an unbroken tradition of 150 years of independent academic publishing, continually reinventing itself for the future. Our goal is to be publisher of choice for all our stakeholders – for authors, customers, business partners, the academic communities we serve and the staff who work for us. We aim to do this by reaching the maximum readership with works of the highest quality. Rights & Usage This item is part of a JSTOR Collection. This preview shows page 1 - 3 out of 4 pages. Which of the following does the institution-based view of global business lay emphasis on?a.Acquiring resources that belong to the host nationb.Consolidating the internal assets of a firmc.Focusing on the capabilities of the firm’s headquartersd.Understanding the laws and values of the firm’s host nationANS:DPTS:1DIF:Difficulty: Moderate REF:p. 15OBJ:LO: 1-3NAT:BUSPROG: AnalyticKEY:Bloom's: Comprehension22.The _____ view suggests that the success and failure of firms are largely determined bytheir environments.PTS:1DIF:Difficulty: Moderate Get answer to your question and much more REF:p. 16OBJ:LO: 1-3NAT:BUSPROG: AnalyticKEY:Bloom's: Comprehension23.The _____ view of global business focuses on external factors that affect a firm’sperformance. Get answer to your question and much more PTS:1DIF:Difficulty: Moderate Get answer to your question and much more REF:p. 16OBJ:LO: 1-3NAT:BUSPROG: AnalyticKEY:Bloom's: Comprehension
Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 4 pages? Upload your study docs or become a Course Hero member to access this document What is the definition of an institutionInstitution-Based View. A leading perspective and global business that suggests that firm performance is, at least in part, determined by the institutional frameworks governing firm behavior around the world. Institutions. Formal and informal rules of the game. Institutional Framework.
What is global business quizlet?a firm that owns business operations in more than one country. international business. any firm that engages in international trade or investment. political economy. the political, economic, and legal systems of a country.
What is the major drawback with the institutionA major drawback of an institution-based view is that when this view is pushed to its logical extreme, it suggests that firm performance around the globe would be entirely: determined by its top management. dependent on its internal resources.
What is the strategy of treating the entire world as one market?The strategy of treating the entire world as one market is known as localization.
Are in the top tier in the global economic pyramid?On the global economic pyramid, the Triad refers to developed economies consisting of North America, Western Europe, and Japan. All the countries of the BRIC belong to the top tier of the global economic pyramid.
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Which of the following does the institution based view of global business lay emphasis on?
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