104: Dynamics of Institutional Embeddedness in International Alliances: An Emerging Market Perspective (14856)

Friday, August 9, 2024

11:00 – 12:30 CT (GMT-5/UTC-5)

Location: Swissotel: Lugano

Session Number: 104
PDW (workshop)
Orientation: International,Research
Shareable link: https://cdmcd.co/6vzWRn

Participant(s)

AM

Ashish Malik

Ashish Malik, Professor, Queen's U. of Belfast, UK, United Kingdom
SM

Surender Munjal

Aston Business School, United Kingdom
SP

Swetketu Patnaik

Anglia Ruskin U., United Kingdom
SB

Shubhabrata Basu

IIM Indore, India
SS

Sujay Sinha

U. of East London
PS

Paresha N. Sinha

U. of Waikato, New Zealand
NM

Nandakumar Mankavil Kovil Veettil

Indian Institute of Management, Kozhikode, India
PB

Pawan S. Budhwar

Aston U., United Kingdom
RR

Ramakrishnan Raman

Symbiosis international (Deemed U.), India

Institutional theorists enunciate that strategic and economic activities are embedded in social and normative contexts, that influence social actors to seek legitimacy or approval for their actions. Fundamentally, social and regulatory embeddedness is an important condition to fulfil for organizational survival and success. Whereas most studies in international business explore the dynamics of institutional arrangements in the context of issues relating to host countries, there is lack of insights into implications of embeddedness of partner firms in their respective home country institutions on international strategic alliances, particularly as alliances evolve over time. We conclude the paper by discussing how embeddedness of individual organisations in their national institutional contexts influence behaviour of partnering firms, which impacts both the compatibility and complementarity issues between them. Put simply institutional complexities in emerging economies, in particular, create conditions for tension and instability in international strategic alliances.