A1 Refereed original research article in a scientific journal
Industrial policy environments and the flourishing of African multinational enterprises
Authors: Zoogah Baniyelme D., Degbey William Y., Elo Maria
Publisher: Palgrave Macmillan
Publication year: 2023
Journal: Journal of international business policy
Journal name in source: Journal of International Business Policy
eISSN: 2522-0705
DOI: https://doi.org/10.1057/s42214-023-00171-2
Web address : https://link.springer.com/article/10.1057/s42214-023-00171-2
Self-archived copy’s web address: https://research.utu.fi/converis/portal/detail/Publication/181457266
Research on African organizations has focused on the influence of environmental factors in organizational effectiveness. However, increasing concerns about challenges in Africa and how they negatively affect organizational outcomes have necessitated leveraging the "positive turn" of organizational scholarship to advance a perspective of how industrial policies can permit Africa-originated multinational enterprises (A-MNEs) to flourish. We propose a multilevel model in which the industrial policy environment comprised of agency and policy development positively impacts A-MNE flourishing, a composite index of human, environmental, and economic flourishing. This relationship is mediated by industrial policies - labor, trade, infrastructure, and resources - and moderated by policy fit, relevance, and timeliness. Overall, we shift the old paradigm of organizational outcomes represented by organizational effectiveness to a new paradigm represented by organizational flourishing. This new paradigm seems more appropriate for Africa, which is bedeviled by unusual challenges that limit effectiveness. We discuss empirical testing of the model and implications for managers.
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