Emerging markets and transition economies challenge established business theories. In this paper, we conceptualise a framework incorporating the institution-and resource-based view to analyse how institutions impact the operations of western companies in a transition economy context: foreign...

This strategy and action plan put forward a guiding vision for the trans-Caucasus transit corridor (CTC), with a focus on the part to be played by Georgia and Azerbaijan to develop the CTC into a competitive alternative to other regional routes for the transport of goods, especially for...