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Institutional fragility and internationalization of Indian firms: Moderating effects of inward FDI and linkages
Journal of World Business ( IF 8.9 ) Pub Date : 2023-10-04 , DOI: 10.1016/j.jwb.2023.101502
Vikrant Shirodkar , Rishika Nayyar , Sumati Varma

In this paper, using institutional and organizational learning theories, we argue that institutional fragility within India impacts the internationalization of Indian firms such that firms from more fragile regions are likely to have lower internationalization levels. We also suggest that this effect is moderated by inward (industry-level) foreign direct investment (FDI) and inward (firm-level) linkages with foreign firms. We test our hypotheses based on the analysis of 707 Indian firms over the period 2008–2018. Our study contributes to the literature examining the complexity, and the speed and consistency of institutional progress in emerging economies, and its impact on firms’ internationalization.

中文翻译:

印度企业的制度脆弱性和国际化:外国直接投资流入和联系的调节作用

在本文中,我们利用制度和组织学习理论,认为印度国内的制度脆弱性影响了印度企业的国际化,使得来自较​​脆弱地区的企业的国际化水平可能较低。我们还认为,这种影响会受到内向(行业层面)外国直接投资(FDI)以及与外国公司的内向(企业层面)联系的影响。我们根据 2008 年至 2018 年期间 707 家印度公司的分析来检验我们的假设。我们的研究有助于研究新兴经济体制度进步的复杂性、速度和一致性及其对企业国际化的影响。
更新日期:2023-10-04
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