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Compact case
Case
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Reference no. 303-014-1
Published by: INSEAD
Published in: 2003

Abstract

This is the fourth of a four-mini-case bundle which illustrates the features of institutional theory: regulative processes, enforced obligations and expectations, and cultural values. The authors see the extreme conservatism of potential Japanese investors, relationship building in the Korean chaebol, the placement of Japanese societal needs over breakthrough innovation, and job security in Germany and Japan. Without an appreciation of local values, a foreign entry can stumble badly, 'Bull Run: Merrill Lynch in Japan'. Knowledge of relationships helps understand the strategy of potential partners or competitors 'House of Cards: Daewoo'. Reward systems reflect potential innovation/competitiveness 'Pain Without Gain: Japan's Patent System' and employment policies reveal potential labour problems 'Keeping Busy: Preserving Jobs in Japan, Germany'. Each case can be either taught separately or as part of the mini-case bundle.
Other setting(s):
2001-2002

About

Abstract

This is the fourth of a four-mini-case bundle which illustrates the features of institutional theory: regulative processes, enforced obligations and expectations, and cultural values. The authors see the extreme conservatism of potential Japanese investors, relationship building in the Korean chaebol, the placement of Japanese societal needs over breakthrough innovation, and job security in Germany and Japan. Without an appreciation of local values, a foreign entry can stumble badly, 'Bull Run: Merrill Lynch in Japan'. Knowledge of relationships helps understand the strategy of potential partners or competitors 'House of Cards: Daewoo'. Reward systems reflect potential innovation/competitiveness 'Pain Without Gain: Japan's Patent System' and employment policies reveal potential labour problems 'Keeping Busy: Preserving Jobs in Japan, Germany'. Each case can be either taught separately or as part of the mini-case bundle.

Settings

Other setting(s):
2001-2002

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