The dubious role of institutions in international business: A road forward

The dubious role of institutions in international business: A road forward

Our commentary returns to the conundrum of how institutions matter in international business (IB) by revisiting the 2018 JIBS Decade Award article by Jackson and Deeg (2008) on Comparing Capitalisms. We first synthesize their main insights around institutional diversity and track its significant imp...

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Veröffentlicht in:Journal of international business studies 2019-02, Vol.50 (1), p.20-35
Hauptverfasser: Aguilera, Ruth V., Grøgaard, Birgitte
Format: Artikel
Sprache:eng
Schlagworte:
Business and Management
Business Strategy/Leadership
COMMENTARY
International Business
International trade
Management
Organization
Theory
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Beschreibung
Zusammenfassung:Our commentary returns to the conundrum of how institutions matter in international business (IB) by revisiting the 2018 JIBS Decade Award article by Jackson and Deeg (2008) on Comparing Capitalisms. We first synthesize their main insights around institutional diversity and track its significant impact within IB and other management fields. We then suggest three main takeaways that could move Jackson and Deeg’s agenda further in terms of developing a more nuanced approach to institutions in IB. We close with suggestions for future research and urge IB scholars to be more cautious when drawing on different strands of institutions theory.
ISSN:0047-2506
1478-6990
DOI:10.1057/s41267-018-0201-5