Abstract
How do home country institutions influence new ventures’ export strategy? As informed by the institution-based view, we argue that new ventures can use export to avoid the high costs of doing business in a home country with hostile institutions. Specifically, we argue that new ventures will export more when (1) their home countries have more government corruption problems, (2) managers have to spend more time with government officials for accessing public services, and (3) the proportion of ownership owned by foreign companies is high. Using a sample of 719 new ventures in 25 transition economies in Central and Eastern Europe (CEE), we find supportive results. We conclude that new ventures’ export strategy is tied to the costs of doing business in their home country institutions.
| Original language | English |
|---|---|
| Pages (from-to) | 823-848 |
| Journal | International Entrepreneurship and Management Journal |
| Volume | 11 |
| Issue number | 4 |
| Online published | 6 May 2014 |
| DOIs | |
| Publication status | Published - Dec 2015 |
Bibliographical note
Full text of this publication does not contain sufficient affiliation information. With consent from the author(s) concerned, the Research Unit(s) information for this record is based on the existing academic department affiliation of the author(s).UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 16 Peace, Justice and Strong Institutions
Research Keywords
- Central and Eastern Europe
- Export
- Institution-based view
- New ventures
- Transition economies
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