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The Home Country Institutional Environment as an Internationalization Driver for the Large Brazilian Pharmaceutical Companies
Ist Teil von
Latin American business review (Binghamton, N.Y.), 2023-10, Vol.24 (4), p.333-362
Ort / Verlag
Abingdon: Routledge
Erscheinungsjahr
2023
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
This study analyses the internationalization characteristics of Large Brazilian Pharmaceutical Companies. It contributes to the international business and evolutionary literature by showing how the home country institutional environment affects the firms' internationalization at a country- and industry-level. The methodology is a multiple case study with eight companies, exploring their competitive advantages, strategies, and obstacles to international expansion. Findings reveal that home country institutional environment constraints pushed companies to build capabilities to survive and compete in the domestic market, which served as advantages when going international. Companies' internationalization is driven by the exploitation and exploration of assets and capabilities.