The Home Country Institutional Environment as an Internationalization Driver for the Large Brazilian Pharmaceutical Companies

Perin, Fernanda and Paranhos, Julia (2023) The Home Country Institutional Environment as an Internationalization Driver for the Large Brazilian Pharmaceutical Companies. Latin American Business Review. ISSN 1528-6932

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Abstract

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.

Item Type: Article
Identification Number: https://doi.org/10.1080/10978526.2023.2263390
Dates:
DateEvent
18 September 2023Accepted
2 October 2023Published Online
Uncontrolled Keywords: emerging markets multinational enterprise, home country institutional environment, internationalisation drivers, pharmaceutical industry, Brazil.
Subjects: CAH15 - social sciences > CAH15-02 - economics > CAH15-02-01 - economics
CAH17 - business and management > CAH17-01 - business and management > CAH17-01-02 - business studies
Divisions: Faculty of Business, Law and Social Sciences > Birmingham City Business School > Centre for Accountancy Finance and Economics
Depositing User: Fernanda Perin
Date Deposited: 24 Oct 2023 10:29
Last Modified: 05 Dec 2023 09:33
URI: https://www.open-access.bcu.ac.uk/id/eprint/14835

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