The Home Country Institutional Environment as an Internationalization Driver for the Large Brazilian Pharmaceutical Companies

Fernanda Steiner Perin*, Julia Paranhos

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    Abstract

    This study analyses the internationalization characteristics of Large Brazilian Pharmaceutical Companies. It contributes to the international business and evolutionary literature by showing how the home country institutional environment affects the firms? internationalization at a country- and industry-level. The methodology is a multiple case study with eight companies, exploring their competitive advantages, strategies, and obstacles to international expansion. Findings reveal that home country institutional environment constraints pushed companies to build capabilities to survive and compete in the domestic market, which served as advantages when going international. Companies? internationalization is driven by the exploitation and exploration of assets and capabilities.
    Original languageEnglish
    Pages (from-to)333-362
    Number of pages30
    JournalLatin American Business Review
    Volume24
    Issue number4
    DOIs
    Publication statusPublished (VoR) - 2 Oct 2023

    Funding

    This work was supported by the Coordination for the Improvement of Higher Education Personnel (CAPES) (Grant number 001), and the Ministry of Health through the National Council for Scientific and Technological Development (CNPq), as a partial result of the Project “Reflection of Brazilian Health Industrial and Technological Policies for Local Production and Supply of the Unified Health System (SUS)” (Grant number 41/2013).

    FundersFunder number
    Unified Health System41/2013
    Ministry of Health
    Coordenação de Aperfeiçoamento de Pessoal de Nível Superior001
    Conselho Nacional de Desenvolvimento Científico e Tecnológico

      Keywords

      • emerging markets multinational enterprise
      • home country institutional environment
      • internationalisation drivers
      • pharmaceutical industry
      • Brazil.

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