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Saul Estrin and Sumon Kumar Bhaumik

This chapter identifies the key differences between reporting empirical research in journals belonging to the field of economics, and of management. Our focus is restricted to empirical papers; we do not consider purely theoretical research in either field. In the case of theory papers, the differences are equally pronounced, but are somewhat different. We also focus attention on top journals in economics and management respectively, by which we mean either leading general journals or top of their field journals. The differences are similar in less highly ranked journals but are less sharply drawn.

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Saul Estrin and Sumon Kumar Bhaumik

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Klaus E. Meyer, Saul Estrin, Sumon Kumar Bhaumik and Mike W. Peng

We investigate the impact of market-supporting institutions on business strategies by analyzing the entry strategies of foreign investors entering emerging economies. We apply and advance the institution-based view of strategy by integrating it with resource-based considerations. In particular, we show how resource-seeking strategies are pursued using different entry modes in different institutional contexts. Alternative modes of entry - greenfield, acquisition, and joint venture (JV) - allow firms to overcome different kinds of market inefficiencies related to both characteristics of the resources and to the institutional context. In a weaker institutional framework, JVs are used to access many resources, but in a stronger institutional framework, JVs become less important while acquisitions can play a more important role in accessing resources that are intangible and organizationally embedded. Combining survey and archival data from four emerging economies, India, Vietnam, South Africa, and Egypt, we provide empirical support for our hypotheses. Copyright @ 2008 John Wiley & Sons, Ltd.