Examines how of a company influences the strategy and identifies the different ways location affects industry structure, the choice of a company’s position and the sustainability of this position. The intellectual foundations lie in an appreciation of the institutional economics. Specifically, the base premise is that specialized intermediaries to solve transaction costs between potential buyers and sellers and help mutually beneficial deals occur. The absence of such specialized intermediaries gi … Read more »

Examines how of a company influences the strategy and identifies the different ways location affects industry structure, the choice of a company’s position and the sustainability of this position. The intellectual foundations lie in an appreciation of the institutional economics. Specifically, the base premise is that specialized intermediaries to solve transaction costs between potential buyers and sellers and help mutually beneficial deals occur. The absence of such specialized intermediaries gives rise to the institutional voids. Specifies how to limit such cavities business decisions. Specific questions to be addressed are (1) What are global industries? (2) What makes a global strategy? (3) When and how strategy should be tailored to specific locations? and (4) How sustainable strategies predicated on the existence of institutional voids?
«Hide

from
Tarun Khanna
16 pages.
Release date: 05 April 2002. Prod #: 702475-PDF-ENG
Local Institutions and Global Strategy HBR case solution

[related_post themes="flat"]