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2013 | 14 | 51-59
Article title

Institutional Context and Transaction Costs in Entry Made Choice

Content
Title variants
Languages of publication
EN
Abstracts
EN
One of the effects of globalization is increasing internationalization of companies, which takes on more and more advanced forms. One of the decisions facing enterprises concerns the choice of target markets and forms of expansion. A theory useful in the process of choosing internationalization forms is transaction cost theory, which belongs to institutional economics. In this paper decomposition of transaction is proposed, taking into account dimensions determining particular entry modes and devoting special attention to the institutional and cultural contexts. Institutional framework based costs may decide about whether or not to undertake certain forms of expansion. Furthermore it is necessary to include the efficiency of the planned action, both from the point of view of the enterprise, as well as the country.
Year
Volume
14
Pages
51-59
Physical description
Contributors
References
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Document Type
Publication order reference
Identifiers
ISSN
1732-1948
YADDA identifier
bwmeta1.element.desklight-7826b21a-0d55-4181-b44f-d872ce989c24
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