How Institutional Change Reconfigures Successful Value Chains: The Case of Western Pharma Corporations in China

@inproceedings{Dierks2013HowIC,
  title={How Institutional Change Reconfigures Successful Value Chains: The Case of Western Pharma Corporations in China},
  author={Alexander Dierks and Christian Kuklinski and Roger Moser},
  year={2013}
}
Management researchers have traditionally emphasized two main factors in the definition of corporate strategies: internal capabilities and industry competition. However, in less stable, transition economies it is particularly the changing institutional environment that influences strategy definition and performance of multinational corporations (MNCs) as shown by numerous international business (IB) scholars. Yet, how institutions matter remains a largely unresolved question. This article… CONTINUE READING