The Role of Institutional Distance in Nordic-Baltic Strategic Alliances
(2021) IBUH19 20211Department of Business Administration
- Abstract
- As it appears that the Nordic and Baltic countries share both similarities and differences in institutional environments, the potential role of it on cross-border cooperation is ambiguous. The aim of this study was to investigate the role of the distance in Nordic-Baltic strategic alliances. This study has revealed that formal national and supranational institutions affect the national business environment, influencing the formation and operation of cross-border strategic alliances. Furthermore, cultural similarities and awareness are seen as mitigating factors of challenges in cross-border cooperation. Additionally, the findings exemplify the potential benefits of the informal institutional distance, the role of labour unions, and... (More)
- As it appears that the Nordic and Baltic countries share both similarities and differences in institutional environments, the potential role of it on cross-border cooperation is ambiguous. The aim of this study was to investigate the role of the distance in Nordic-Baltic strategic alliances. This study has revealed that formal national and supranational institutions affect the national business environment, influencing the formation and operation of cross-border strategic alliances. Furthermore, cultural similarities and awareness are seen as mitigating factors of challenges in cross-border cooperation. Additionally, the findings exemplify the potential benefits of the informal institutional distance, the role of labour unions, and industry-specific legislation on international strategic alliances in the Nordic-Baltic context. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9051348
- author
- Masiulyté, Danielé LU and Stasiuk, Anna LU
- supervisor
- organization
- course
- IBUH19 20211
- year
- 2021
- type
- M2 - Bachelor Degree
- subject
- keywords
- Strategic alliances, institutional distance, Nordic and Baltic cooperation
- language
- English
- id
- 9051348
- date added to LUP
- 2021-06-24 15:00:56
- date last changed
- 2021-06-24 15:00:56
@misc{9051348, abstract = {{As it appears that the Nordic and Baltic countries share both similarities and differences in institutional environments, the potential role of it on cross-border cooperation is ambiguous. The aim of this study was to investigate the role of the distance in Nordic-Baltic strategic alliances. This study has revealed that formal national and supranational institutions affect the national business environment, influencing the formation and operation of cross-border strategic alliances. Furthermore, cultural similarities and awareness are seen as mitigating factors of challenges in cross-border cooperation. Additionally, the findings exemplify the potential benefits of the informal institutional distance, the role of labour unions, and industry-specific legislation on international strategic alliances in the Nordic-Baltic context.}}, author = {{Masiulyté, Danielé and Stasiuk, Anna}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Role of Institutional Distance in Nordic-Baltic Strategic Alliances}}, year = {{2021}}, }