W09A (Amir, Wednesday 09:00-10:30) Forum discussion topic 2: Institutional voids and potential opportunities
According to Khanna and Palepu (2010), institutional voids occur when institutions are missing or inefficient and operating without them will pose specific challenges – as well as opportunities. Institutional voids come in many forms, and can impact the product, capital, and labour markets in many emerging economies. Institutional voids such as the absent or unreliable sources of market information, an uncertain regulatory environment, and inefficient judicial systems are three main sources of market failure, and they make consumers, employers, and investors often reluctant to do business in emerging markets. Institutional voids, however, are not only” roadblocks". They can also create opportunities for companies to build businesses based on filling these voids. Discuss strategies, ideas, and actions how firms may generate opportunities out of these settings and operate successfully in environments characterized by institutional voids (Source: Khanna & Palepu 2010).
Please make your post by 5pm 14 June (Friday). The forum input will be used in the discussion in the following week's (week 3) tutorial.
How to post to the discussion forum: Select 'Add discussion topic', Enter subject, message and select 'Post to forum'.
Please also note that responses should be conversational in language and tone and should adhere to referencing conventions and the word limit (max. 200 words per post).
You are required to make 1 post with your insights and respond to the prompt or reply to a peer in the same post.