Asia Pacific Journal of Management

, Volume 19, Issue 2–3, pp 251–267 | Cite as

Towards an Institution-Based View of Business Strategy

  • Mike W. Peng


This article focuses on a key question: Why do strategies of firms from different countries differ? Drawing from recent research on business strategies in Asian organizations, this article outlines the emergence of an institution-based view of business strategy which sheds light on why firms differ, reviews four streams of research in a broad range of countries, and critiques and extends some of the current work by suggesting a number of future research directions.

institution business strategy Asia 


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Copyright information

© Kluwer Academic Publishers 2002

Authors and Affiliations

  • Mike W. Peng
    • 1
  1. 1.Fisher College of BusinessThe Ohio State UniversityColumbusUSA

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