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OverviewForeign market selection (FMS) is one of the most important decisions firms make when deciding to increase their international involvement. Yet, despite the importance of FMS, the literature generally assumes firms make that decision only on the basis of in-depth assessments of foreign markets, psychic distance or network relationships, sometimes in response to unsolicited orders. The significance of institutional environment at the local industry level is often overlooked. This book, in its emphasis on the importance of local industry institutional environment, incorporates the new institutional perspective into FMS research. The new institutional perspective is based on recognition of (1) regulatory pillars (2) normative pillars and (3) cognitive pillars that influence the legitimacy of firms and reduce uncertainty during their selection of foreign markets. This book develops a local industry institutional profile specific for FMS. Subsequently, a conceptual framework is proposed on how local industry profile might influence foreign market selection and how this influence differs at two points in time- the initial and subsequent firms' decisions to enter a foreign market. Full Product DetailsAuthor: Oxana SmochinPublisher: LAP Lambert Academic Publishing Imprint: LAP Lambert Academic Publishing Dimensions: Width: 15.20cm , Height: 0.60cm , Length: 22.90cm Weight: 0.150kg ISBN: 9783838387499ISBN 10: 383838749 Pages: 96 Publication Date: 22 July 2010 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |