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The Role of Institutional Distance in Nordic-Baltic Strategic Alliances

Masiulyté, Danielé LU and Stasiuk, Anna LU (2021) IBUH19 20211
Department 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:
author
Masiulyté, Danielé LU and Stasiuk, Anna LU
supervisor
organization
course
IBUH19 20211
year
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}},
}