Institutional capabilities and time to first internationalization: A study of Indian firms

Presenter

Christian Schmitt, PhD candidate, University of Sydney

Abstract

Institutions have been shown to be an important determinant for a firm’s internationalisation strategy, yet the literature dealing with the role of institutional change is scarce. Both, host and home country institutional environment, as well as their evolvement, shape a firm’s internationalisation strategy, including their speed of first internationalization. To fully comprehend in how far such institutional change affect domestic firms’ speed of internationalization, the focus of this paper lies on home country capability development that enables a quick internationalization after inception. We argue that firms develop institutional capabilities from home country institutional change and incorporate aspects of experiential and organizational learning to understand capability development. We link this home country capability development to the firm’s ability to pursue a faster first internationalization.

Biography

Christian grew up in Germany where he completed his undergraduate studies in management and economics. He has interned at HSBC and worked at the ifo Institute for Economic Research in Munich. He then pursued further studies in Economics and Finance at the Universidad Carlos III de Madrid (UC3M) and now at the University of Sydney. Besides his studies, Christian has tutored university students and high school students. He also served as class ambassador for the Master of Economics cohort at UC3M.