How Long to Read Overcoming the Liability of Foreignness with Isomorphism

How Long Does it Take to Read Overcoming the Liability of Foreignness with Isomorphism?

It takes the average reader and 43 minutes to read Overcoming the Liability of Foreignness with Isomorphism by Julia Kaiser

Assuming a reading speed of 250 words per minute. Learn more

Description

Bachelor Thesis from the year 2020 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Jacobs University Bremen gGmbH, course: IBA, language: English, abstract: The "liability of foreignness" (LOF) describes the additional costs that a firm operating in a market overseas incurs compared to the domestic firms. In recent years, researchers have laid the foundation for multiple theoretical approaches that aim to overcome the LOF. However, there is still a considerable research gap concerning actionable strategies MNEs can apply in practice. Building on the work of these researchers, this thesis aims at contributing to the current literature by taking the perspective of institutional theory. In particular, it examines the effectiveness of isomorphic strategies, inter alias, processes of adaption and imitation of legitimated practices, in reducing the LOF. “We are improving”, said the German chancellor Angela Merkel at the G20 Investment Summit in 2019 as she reported on Germany’s efforts to encourage private investment in Africa. In an interview with the German ARD public television, she mentioned the “promising numbers” of the German investments in Africa; a continent that promised “more chances than risks”. Indeed, although German investments in Africa are still on a low level, Africa’s importance to Germany as an external trade partner has significantly increased. However, these opportunities have considerable costs and risks attached. One cost factor that is crucially important for German multinational enterprises (MNE) in Africa, as it is amplified by institutional distance, is the ‘liability of foreignness’ (LOF). First of all, I use existing literature to construct frameworks to categorize the cost dimensions of the LOF and several isomorphic strategies. Furthermore, using semi-structured expert interviews, this paper evaluates the effectiveness of adaption strategies employed by German MNEs in Africa for different cost dimensions. I argue that isomorphism, i.e., adaption strategies, are of high importance for the success of German investments in Africa. More specifically, I show that networking, the adaption of formal structures, and the adaption to the institutional environment are effective in reducing the LOF by lowering market entry risks, facilitating knowledge acquisition as well as enhancing legitimacy in the host market.

How long is Overcoming the Liability of Foreignness with Isomorphism?

Overcoming the Liability of Foreignness with Isomorphism by Julia Kaiser is 43 pages long, and a total of 10,879 words.

This makes it 15% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Overcoming the Liability of Foreignness with Isomorphism Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 59 minutes to read Overcoming the Liability of Foreignness with Isomorphism aloud.

What Reading Level is Overcoming the Liability of Foreignness with Isomorphism?

Overcoming the Liability of Foreignness with Isomorphism is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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