2011年9月20日 · They coined the term "institutional voids" to help explain the market ecosystem that companies are dependent on, and the fact that the institutions that make up this market ecosystem are either missing or not functioning as expected in emerging economies...

2011年9月20日 · India is on its way to transforming this infrastructure, but companies operating in India will agree that there is some way to go, in essence creating an institutional void that impacts growth....

Part of the problem is that emerging markets have “institutional voids”: They lack specialized intermediaries, regulatory systems, and contract-enforcing methods. These gaps have made it...

2022年9月1日 · We connect the literature on institutional voids to broader IB scholarship on opportunities associated with institutional uncertainty, while building on the work by scholars seeing ‘voids’ as unique opportunities for agency by firms or NGOs (e.g., Mair et al., 2012).

2020年9月1日 · Institutional voids can characterize any type of economy, but they are particularly persistent in emerging markets. The literature on firms' resource commitment in foreign countries has grown substantially over the past two decades.

2021年12月15日 · Our research suggests that firms’ strategic responses to institutional voids in emerging or developing markets are affected by the home country’s institutional environment and firms’ experiences and advantages arising from that home context.

How are firms in weak institutional environments able to persist over time? Motivated by 69 interviews with leaders of emerging market firms with histories spanning generations, we combine induction and deduction to propose reputation as a meta-resource that allows firms to activate their conventional resources.

2021年9月1日 · Institutional voids – shortcomings in the institutional functions required by markets – have particularly hampered developing countries. Filling those voids has been widely identified as a strategy for businesses and in this paper we analyse the institutional actions of digital platform companies.

On which sets of institutions do advanced markets rely to resolve these challenges? What makes building these institutions complex? What happens when some of these institutions are either absent or underdeveloped in an economy? How does one spot these institutional voids? Khanna, Tarun, and Krishna Palepu.

2017年2月8日 · How are firms in weak institutional environments able to persist over time? Motivated by 69 interviews with leaders of emerging market firms with histories spanning generations, we combine induction and deduction to propose reputation as a meta-resource that allows firms to activate their conventional resources.