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Political strategies, entrepreneurial overconfidence and foreign direct investment in developing countries

Heidenreich, Stefan, Mohr, Alexander T., Puck, Jonas (2015) Political strategies, entrepreneurial overconfidence and foreign direct investment in developing countries. Journal of World Business, 50 (4). pp. 793-803. ISSN 1090-9516. (doi:10.1016/j.jwb.2015.03.002) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:80025)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
https://dx.doi.org/10.1016/j.jwb.2015.03.002

Abstract

Foreign investors in developing countries are exposed to comparatively high levels of environmental uncertainty and often use political activities to manage this uncertainty. At the same time, international entrepreneurs seek out uncertain environments, because of the potential opportunities and upside potential associated with uncertain situations. We investigate the interplay between political strategies and entrepreneurial overconfidence in managing environmental uncertainty based on an in-depth case study of an entrepreneurial foreign direct investment (FDI) project in Ghana. Our results provide insight into the individual and combined roles that political strategies and entrepreneurial overconfidence can play in international entrepreneurial decision-making in highly uncertain environments. In particular, we find that the adoption of political strategies can exacerbate entrepreneurial overconfidence and affect the survival of an investment.

Item Type: Article
DOI/Identification number: 10.1016/j.jwb.2015.03.002
Uncontrolled keywords: Entrepreneurial internationalization, Uncertainty, Decision-making, Political strategies, Entrepreneurial overconfidence
Subjects: H Social Sciences > HF Commerce > HF5351 Business
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Depositing User: Alex Mohr
Date Deposited: 11 Feb 2020 10:13 UTC
Last Modified: 17 Feb 2021 15:27 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/80025 (The current URI for this page, for reference purposes)
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