Contemporary Influences on International Business in Latin America: Environmental, Firm and Individual-level Factors PDF
Preview Contemporary Influences on International Business in Latin America: Environmental, Firm and Individual-level Factors
Contemporary Infl uences on International Business in Latin America Environmental, Firm and Individual-level Factors Edited by William Newburry, Leonardo Liberman and Moacir de Miranda Oliveira Jr. AIB Latin America Series Editor Leonardo Liberman Libens Research and Development Santiago, Chile The AIB-LAT book series is an initiative from the Latin American chap- ter of the Academy of International Business. The series publishes books that bring together theory, academic research and research-driven prac- tice in the field of International Business (IB) from, and within, the Latin American region. The AIB-LAT Book Series is a significant outlet of research-driven knowledge on IB and multinational company (MNC) behavior in the region. The AIB-LAT series invites scientific research and theory that deals with strategies, structures and decision-making pro- cesses of MNCs in Latin America; cross-border activities of enterprises such as intra-company trade, investments, finance, technology transfer, people management and innovation; interactions between MNC enter- prises and other relevant actors in Latin-America: organizations, institu- tions, markets, governments, and indigenous stakeholders. The series also deals with research on the impact of, and interaction between, the differ- ent Latin American cultural, economic, legal, and political settings on activities, strategies, structures and decision-making processes of MNCs. Other topics of interest are cross-country comparative studies of busi- nesses, business processes, contexts and organizational behavior in Latin America and the development of strategic export alliances, and mergers and acquisitions in the Latin American context. The AIB-LAT book series will serve to inform scholars and practitioners about the current developments of IB theories and research in the region and also awake the interest of IB scholars to further advance the knowledge and understand- ing of IB and MNC behavior in Latin America. More information about this series at http://www.palgrave.com/gp/series/14760 William Newburry • Leonardo Liberman Moacir de Miranda Oliveira Jr. Editors Contemporary Influences on International Business in Latin America Environmental, Firm and Individual- level Factors Editors William Newburry Leonardo Liberman Department of International Business Libens Research and Development Florida International University Santiago, Chile Miami, FL, USA Moacir de Miranda Oliveira Jr. Business Administration Department University of São Paulo São Paulo, Brazil AIB Latin America ISBN 978-3-319-98339-4 ISBN 978-3-319-98340-0 (eBook) https://doi.org/10.1007/978-3-319-98340-0 Library of Congress Control Number: 2018960357 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: ildogesto / iStock / Getty Images Plus This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland Foreword The AIB-LAT book series brings together selected research studies that were presented at the 2015 AIB-LAT conference held at Universidad de los Andes in Santiago, Chile and the 2016 conference held at Universidad of São Paulo, São Paulo, Brazil. The ambition of the series is to incorpo- rate academically driven studies in the field of International Business and Multinational Companies in Latin America. Our book series was created with three motives in mind. Firstly, there is a great deal of solid empirical International Business (IB) research being produced in all countries located between Mexico and Chile that can add to and further the under- standing of multi-national corporations’ (MNCs’) behaviors and pro- cesses. These valuable pieces of work are scientifically oriented and need to be appropriately disseminated to a wider international audience inter- ested in IB and MNCs in Latin America. A second reason respects the regional business internalization and integration going on at an extremely fast pace in Latin America. This fast development is not being matched by growth when it comes to our knowledge and understanding of how IB processes and issues apply to the region. A third motive refers to the fact that we believe that there is a shortage of appropriate outlets for scholarly submissions within the business disciplines highlighting IB research find- ings in the context of Latin America. This book series expects to trigger further research into the behavior, strategies, structures and decision-making processes of MNCs from, or v vi Foreword in, Latin America. We also aspire to increase scholars’ and business peo- ple’s interests in understanding the processes and impacts of MNCs’ interactions with other influences and stakeholders, such as cultural, eco- nomic, legal and political frameworks present region-wide. The topic of this third series aims to expose contemporary influences on IB in the Latin-American context. As these influences are complex and intertwined, we organize the studies into three levels of analyses: environmental, firm and individual. We hope that this third book in the AIB-LAT series will help academics, research students and business peo- ple wishing to bring their understanding of IB in Latin America up-to- date. Santiago, Chile Leonardo Liberman Acknowledgements We would like to extend gratitude to all whose efforts have made this book possible. First, we want to thank Universidad de los Andes in Chile and Universidade de São Paulo for hosting the annual Conference of the Latin American Chapter of the Academy of International Business (AIB- LAT). Additionally, we thank all the people who supported the confer- ence, including the several volunteers who served as members of the conference scientific committee, reviewers and session chairs, all of whom played a role in raising the quality of the papers selected for this volume. We particularly thank the contributors to this third book series for sup- porting this enterprise from the start by submitting excellent papers to the conference. We would additionally like to thank the College of Business at Florida International University, Universidad de los Andes in Chile and Universidade de São Paulo for granting their support and time to assem- ble and edit this third book of the AIB-LAT book series. We also thank Daniel Andrews for copy editing assistance in the early stages of volume production. vii Contents 1 Building a Whole from the Parts: Environmental, Firm and Individual- Level Factors 1 William Newburry, Leonardo Liberman, and Moacir de Miranda Oliveira Jr. 2 Public Instruments to Support Internationalization: The Case of Brazil Machinery Solutions 9 Diego Bonaldo Coelho and Moacir de Miranda Oliveira Jr. 3 Regime Structure, Institutional Stability and Pro-market Reforms 39 Luis Alfonso Dau, Elizabeth M. Moore, and Catherine Bradley 4 Country Development Stage and the Level of Corporate Social Disclosure 77 Simone R. Barakat, Greici Sarturi, and Keysa Manuela Cunha de Mascena ix x Contents 5 Overcoming Institutional Barriers When Entering Brazil: A Legitimacy Perspective 101 Daniel Rottig, Jason A. Hoop, Nicholas J. Cid, and David M. Peterson 6 Internationalization and the Tale of the Cabo Frio Beachwear Cluster 125 Beatriz Kury, Angela da Rocha, and Jorge Ferreira da Silva 7 Investigating the Export Behavior of Family SMEs from Chile 155 Constanza Bianchi 8 Acculturation Process in Cross-border M&A: A Case Study of a Brazilian Automobile Firm 179 Bruno de Oliveira Carvalho and Mário Henrique Ogasavara 9 Exploring the Relationship Between International Service Performance and Personal Characteristics in the Latin American Context 205 Leonardo Liberman and David Kimber C. 10 Examining the Influence of Self-Efficacy, Optimism and Curiosity on the Performance of International Locals 225 Leonardo Liberman, David Kimber C., and Javier Pinto Garay Index 245
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