Linking Theory and Context: ‘Strategy Research in Emerging Economies’ after Wright et al. (2005)

25 Pages Posted: 12 Oct 2013

See all articles by Dean Xu

Dean Xu

China Europe International Business School (CEIBS)

Klaus E. Meyer

China Europe International Business School (CEIBS); Copenhagen Business School - Center for East European Studies (CEES)

Date Written: November 2013

Abstract

Emerging economies provide a laboratory for investigating the interaction between firm strategies and local contexts. Mike Wright and colleagues have shaped this research agenda by creating legitimacy for this line of research, and by outlining how research in four types of strategy contexts can advance theories. We assess how this agenda has progressed in eight leading journals in the past decade, particularly during the five years following their review, with the aims to identify broad trends of theorizing, and to outline future research challenges. Emerging economy contexts challenge some of the assumptions of theories originally developed for markets that are relatively stable and efficient. Researchers have advanced several theoretical perspectives by addressing these challenges. Wright and colleagues focused on institutional theory as a major foundation for such work, and we find it continuing to be the most popular theoretical perspective. In addition, new perspectives have emerged, focusing on learning, relationships, real options, and spillovers as focal concepts for theorizing.

Keywords: contexts, emerging economies, literature review, strategy research

Suggested Citation

Xu, Dean and Meyer, Klaus E., Linking Theory and Context: ‘Strategy Research in Emerging Economies’ after Wright et al. (2005) (November 2013). Journal of Management Studies, Vol. 50, Issue 7, pp. 1322-1346, 2013. Available at SSRN: https://ssrn.com/abstract=2339369 or http://dx.doi.org/10.1111/j.1467-6486.2012.01051.x

Dean Xu (Contact Author)

China Europe International Business School (CEIBS) ( email )

Shanghai-Hongfeng Road
Shanghai 201206
Shanghai 201206
China

Klaus E. Meyer

China Europe International Business School (CEIBS) ( email )

Shanghai-Hongfeng Road
Shanghai 201206
Shanghai 201206
China

HOME PAGE: http://www.ceibs.edu/faculty/facultylist/09/100132.shtml

Copenhagen Business School - Center for East European Studies (CEES) ( email )

Porcelanshaven 24
2000 Frederiksberg
Denmark

HOME PAGE: http://www.klausmeyer.co.uk

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