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International Retailing as Embedded Business Models

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Author

Summary, in English

As retailers internationalize they interact with diverse socio-political-economic environ- ments and the activities, processes, behaviours and outputs underpinning their business models evolve over time and space. Retailers are not passive, and through managerial agency they interpret the environment to compete and further their own commercial aims. Consequently, mutual interaction with the host environment means that changes may also occur in the established institutional norms in a market. Most existing studies have focused on the implications of territorial embeddedness for internationalizing retailers. In this article we also consider the societal and network forms of embeddedness identified by Hess, and illustrate how retailers transfer, negotiate and adapt their business model as they embed themselves in different institutional environments. A case study of IKEA is used to illustrate the synthesis of these two frameworks.

Publishing year

2016

Language

English

Pages

715-747

Publication/Series

Journal of Economic Geography

Volume

16

Issue

3

Document type

Journal article

Publisher

Oxford University Press

Topic

  • Business Administration

Keywords

  • Embeddedness
  • business model
  • international retailing
  • IKEA
  • D22
  • F6
  • F23
  • L81
  • M16

Status

Published

ISBN/ISSN/Other

  • ISSN: 1468-2702