We propose that home-country network advantages shape the pattern of foreign expansion of firms. We argue that social status advantage is transferable from one market to another as a signal of quality, while brokerage advantage is more context-specific and difficult to transfer. Furthermore, the...

We examine the institutions that facilitate the growth of organizations. Following a Weberian approach, we argue that organizations prefer institutions that create an environment rich in technological opportunities, legally secure, financially vibrant and politically predictable, and that they...