Institutions and competition: does internationalisation provide advantages for the family firms in a transition economy?

dc.authoridKryeziu, Liridon/0000-0002-1382-7520
dc.authoridCOSKUN, RECAI/0000-0002-5200-6098
dc.authoridKrasniqi, Besnik/0000-0003-2440-3974
dc.authorwosidKryeziu, Liridon/AGV-1402-2022
dc.authorwosidCOSKUN, RECAI/A-2691-2019
dc.authorwosidKrasniqi, Besnik/Q-3411-2017
dc.contributor.authorCoşkun, Recai
dc.contributor.authorKryeziu, Liridon
dc.contributor.authorKrasniqi, Besnik A.
dc.date.accessioned2023-03-22T19:47:29Z
dc.date.available2023-03-22T19:47:29Z
dc.date.issued2022
dc.departmentBelirleneceken_US
dc.description.abstractPurpose Kosovo has experienced a radical shift from a centrally planned economy to a market economy and built institutions from scratch. During the institutional building process, due to inconsistencies in institutional reforms, firms faced several challenges in competing in the domestic market and engaging in exporting activities. The purpose of the study is threefold. First, to examine how institutional settings influence family firms' success; second, how and which types of strategic behaviours family firms pursue in response to institutional deficiencies and third, whether and how internationalisation helps the firms overcome the difficulties resulting from deficiencies of the institutions. Design/methodology/approach This study employs a qualitative document analysis technique using secondary and primary data to examine the impact of institutional settings on firm internationalisation and related firm reactions. Findings Findings suggest that fiscal policy, weak protection of property rights and contractual enforcement negatively influenced family firms because of unfair competition, unpredictable business environment and additional costs due to deficient institutions. The authors found that internationalisation provided benefits for the firms in handling the problems posed by the institutions. The firms focused on three main strategies to respond to weak institutions: improving product quality, diversifying and differentiating products and setting competitive prices. Originality/value This study contributes to the literature and explains how and which economic institutions influence firm internationalisation and how engagement in international business activities provides an advantage in responding to deficient institutions in the home country.en_US
dc.identifier.doi10.1108/JEPP-01-2022-0010
dc.identifier.endpage272en_US
dc.identifier.issn2045-2101
dc.identifier.issn2045-211X
dc.identifier.issue2/3en_US
dc.identifier.scopus2-s2.0-85137003778en_US
dc.identifier.scopusqualityQ2en_US
dc.identifier.startpage253en_US
dc.identifier.urihttps://doi.org/10.1108/JEPP-01-2022-0010
dc.identifier.urihttps://hdl.handle.net/20.500.14034/731
dc.identifier.volume11en_US
dc.identifier.wosWOS:000847398300001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherEmerald Group Publishing Ltden_US
dc.relation.journalJournal Of Entrepreneurship And Public Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectInstitutionsen_US
dc.subjectFiscal policiesen_US
dc.subjectProperty rightsen_US
dc.subjectContractual enforcementen_US
dc.subjectFamily firm internationalisationen_US
dc.subjectKosovoen_US
dc.subjectExport Performanceen_US
dc.subjectProperty-Rightsen_US
dc.subjectSme Growthen_US
dc.subjectEntrepreneurshipen_US
dc.subjectQualityen_US
dc.subjectVenturesen_US
dc.subjectEnvironmenten_US
dc.subjectStrategiesen_US
dc.subjectOwnershipen_US
dc.subjectResourcesen_US
dc.titleInstitutions and competition: does internationalisation provide advantages for the family firms in a transition economy?en_US
dc.typeArticleen_US

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