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"The role and significance of institutions in home and host countries in the process of firm internationalization has recently attracted the ever increasing attention of scholars and practitioners in the area of international business. Though some publications have been in circulation there still is a scarcity of appropriate insights concerning the impacts and the role of institutions in the diverse home and host contexts in which firms internationalize.Institutional Impacts on Firm Internationalization addresses various aspects of the investigated phenomenon, providing an insight in the role of the varieties of capitalism on the globalization of business activities worldwide. As a key way of internationalization, outward foreign direct investment process is critically analysed from home countries' perspective focusing on emerging economies contexts. Furthermore, the role of national government as a major institution is investigated and how this role will vary depending on the contextual specifics of firm internationalization processes. The impact of institutions on the formation of firm internationalization is put under scrutiny, while special attention is devoted to particular industries, namely retailing and pharmaceutical. The book concludes with unifying remarks on the role of institutions in the processes of firm internationalization giving theoretical as well as practical perspectives"--

"The Covid-19 pandemic has induced a crisis grasping the world abruptly, simultaneously, and swiftly. As a critical juncture, it ignited a change of era for international business. This book illustrates how governments have dealt with the pandemic and the consequent impacts on international business. It also explores the disrupted operations and responses of businesses as their worldwide interconnectivity has been seriously threatened. The book discourses multidirectional aspects of the effects of Covid-19 on international business, ranging from the juxtaposing forces disrupting globalization and installing a change of era through decoupling of technological, production and knowledge flows to its stimulating aspects to the strategic response on business, industry and state level. The book contains thirty chapters that offer a multidimensional interpretation of impacts of Covid-19 on international business theory and practice. Employing the latest state of knowledge on the topic, the book is aimed at international business audience - scholars, students and managers who need to understand better the nature, scope and scale of the impacts of the pandemic on international business."

Intro -- Half Title -- Series Page -- Title Page -- Copyright Page -- Contents -- List of Figures -- List of Tables -- Editors -- Contributors -- 1. International Business in the COVID-19 Pandemic -- State of the World Economy and COVID-19 -- COVID-19 and International Business -- The Book Chapters -- Concluding Remarks -- References -- Part I: General Outlook of COVID-19 and Its Overall Effects on International Business -- 2. Change of Era or Era of Changes -- The Role of Axis of Tensions in the Evolution of Humanity -- Change of Era or Era of Changes? -- Is COVID-19 the Cause of this Change of Era? Can We Predict the Effect It Will Have on International Business? -- References -- 3. COVID-19: Challenges to International Business -- COVID-19 and Its Specifics Concerning International Business -- COVID-19, Globalization, and Global Supply and Value Chains -- Major Challenges Set by COVID-19 to International Business -- The Present and Future of International Business in Relation to COVID-19 -- References -- 4. Digesting a Bitter Cherry on an Overbaked Cake: Renewing the Approach to Corporate Strategy in a Global Turmoil -- Introduction -- Step 1: New External Pressures -- A. At the Political-Regulatory Level -- B. At the Economic and Social levels -- C. At the Technological Level -- Step 2: Geo-Sectoral Challenges to Organizations -- A. The Challenge of Geographic and Sectoral Redeployment -- B. The Challenge of Adapting the Organization's Offer -- C. The Competition Challenge -- Step 3: Searching for Appropriate Competitive 'Levers' -- A. Innovation Lever -- B. Organizational Lever -- C. Profitability Lever -- Conclusion -- Notes -- References -- 5. We Are Different: Cross-national Similarities in the Non-response to COVID-19 Pandemic and the Need for Global Cooperation -- Introduction -- The Fog of Pandemic in the Data -- Policy Response.

"Internationalisation has been a binding request for firms dealing with the challenges of the present-day realities. Extant international business publications have recently begun to point out the relationship between the notions of 'business model' and 'internationalisation', yet the filed needs considerably more attention. The core aim of this book is to provide a comprehensive analysis of the ways in which business models and internationalisation impact one another in the process of initiating and expanding international business activities. The analysis makes it feasible to detect the core issues of the interdependences between business models and internationalisation to facilitate management decision-making and implementation of pertinent firm internationalisation incorporating the application of appropriate business models. In this book, the business model is applied to explore the specifics and aspects of firm internationalisation processes. Innovating the business model is analysed as a persuasive means for augmenting the propensities of firms to internationalise. The book enriches the comprehension of the significance of business model innovation as an enabler of firm internationalisation, in view that scares in what manners business model innovation facilitate firm internationalisation. The book chapters address a broad range of issues encompassing: the general roles of business model in firm internationalisation, the relationships between digital business models and platforms on one side and firm internationalisation on another, how business models determine the internationalisation of services firms, the interplay between business models and firm internationalisation in specific contexts. It will, therefore, be of interest to researchers, academics and advanced students in the fields of international business and management"--

1. International Business and Emerging Economy Firms: The Contexts of Central and Eastern Europe and Africa; Svetla T. Marinova, Jorma A. Larimo, Tiina Leposky and Marin A. Marinov. Part I. European Perspectives on the Internationalization of Emerging Economy Firms -- 2. The Role of Responsible Business Practices in International Business Relationships between SMEs from Developed and Emerging Economies; Maria Uzhegova, Lasse Torkkeli and Maria Ivanova-Gongne -- 3. West Meets East: Lessons Learned from Misunderstandings during Market Expansion in Russia; Vincent Montenero -- 4. Job Creation of Exporters and Non-exporters: Evidence from Estonia; Tiia Vissak and Jaan Masso -- 5. Determinants of Foreign Direct Investment in Serbia: Is the Concept of Distance Relevant?; Natasa Grujic and Dimitrios Kyrkilis -- 6. An Acceptance Model for the Adoption of Smart Glasses Technology by Healthcare Professionals; Dilek Özdemir-Güngör, Müge Göken, Nuri Basoglu, Amir Shaygan, Marina Dabić and Tugrul U. Daim -- Part II. African Perspectives on the Internationalization of Emerging Economy Firms -- 7. Empirical Evidence of an Inclusive Business Model: Lessons Learned from Aquaculture in Tanzania; Anders Anker-Ladefoged, Thomas Varberg and Daojuan Wang -- 8. Internationalizing SMEs and Social Networks in the Global South; Jackson Musona, Agnes Asemokha, Lasse Torkkeli and Pasi Syrjä -- 9.The Nexus of Knowledge Sharing and Innovations in the Informal Sector: The Case of Otigba Hardware Cluster in Nigeria; Emmanuel M. Ogunjemilua, Billy A. Oluwale, Oluseye O. Jegede and Blessing F. Ajao

1. International Business and Emerging Economy Firms: Present Characteristics and Future Trends; Marin A. Marinov, Svetla T. Marinova, Jorma A. Larimo and Tiina Leposky -- Part I. Universal Issues Concerning Emerging Economy Firms -- 2. Multinational Enterprise and Inclusive Innovation at the Bottom of the Pyramid: A Systematic Review; Sina Mortazavi, Igor Laine, Anne Quarshie, Juha Väätänen, and Suraksha Gupta -- 3. The Effect of Emerging Economies Operations on Knowledge Utilization: The Behavior of International Companies as Exaptation and Adaptation; Päivi Aaltonen, Lasse Torkkeli and Maija Worek -- 4. Value Co-creation in Multinational Enterprises' Services Marketing at the Bottom-of-the-Pyramid Markets; Tiina Leposky, Ahmad Arslan and Desislava Dikova -- 5. An Ethical Perspective on Corporate Leadership in Emerging Economy Contexts: Setting the Scene for Future Research; Li Thuy Dao,- Part II. Specifics of Chinese Firms and Chinese Context -- 6. The Power of Prestige: Investigating Employees' Commitment in Companies Acquired by Chinese Multinational Enterprises in Germany; Katrin Held -- 7. A Combinative Perspective on Technology Adoption: A Case Analysis of Blockchain Technology Adoption in the Chinese Financial Industry; Ziwei Zhao, Daojuan Wang and Xianhua Wei -- 8. Examining the Importance of Social Media and Other Emerging ICTs in Far Distance Internationalization: The Case of a Western Exporter Entering China; Øystein Moen, Alex Rialp and Josep Rialp