Overcoming the Liability of Foreignness with Isomorphism
An examination of the effectiveness of isomorphic strategies used by German MNEs engaging in foreign direct investment in Africa
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Focusing on the "liability of foreignness" (LOF), this thesis explores the additional costs faced by firms in foreign markets compared to domestic ones. It highlights the need for actionable strategies for multinational enterprises (MNEs) to mitigate LOF, addressing a significant research gap. By leveraging institutional theory, the work investigates isomorphic strategies, particularly the adaptation and imitation of legitimate practices, to assess their effectiveness in reducing these costs. This study aims to enhance the understanding of practical solutions for MNEs navigating foreign markets.
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Overcoming the Liability of Foreignness with Isomorphism, Julia Kaiser
- Language
- Released
- 2021
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- Title
- Overcoming the Liability of Foreignness with Isomorphism
- Subtitle
- An examination of the effectiveness of isomorphic strategies used by German MNEs engaging in foreign direct investment in Africa
- Language
- English
- Authors
- Julia Kaiser
- Publisher
- GRIN Verlag
- Released
- 2021
- Format
- Paperback
- ISBN13
- 9783346462879
- Category
- Business and Economics
- Description
- Focusing on the "liability of foreignness" (LOF), this thesis explores the additional costs faced by firms in foreign markets compared to domestic ones. It highlights the need for actionable strategies for multinational enterprises (MNEs) to mitigate LOF, addressing a significant research gap. By leveraging institutional theory, the work investigates isomorphic strategies, particularly the adaptation and imitation of legitimate practices, to assess their effectiveness in reducing these costs. This study aims to enhance the understanding of practical solutions for MNEs navigating foreign markets.