Purpose -The goal of this study is to use the institution-based view as the background for an investigation of how formal institutions influence the internationalization processes of firms from an emerging economy.Design/methodology/approach -Our case study is based on semistructured interviews with twenty-one representatives of formal institutions and firms in the Brazilian wine industry.Findings -It was noted that formal institutions have positive influences on the internationalization of Brazilian wineries by providing learning, relationship networks, intelligence about foreign markets, costs reduction, internationalization of business processes, and by promoting the home country's image as a wine producer in foreign markets, and as a recognized supplier to the domestic market. They also have negative influences, as excessive bureaucracy, strikes, erection of legal barriers to trade with other countries, insufficient technical knowledge, high taxes, and favoritism benefiting the largest wine producers in the industry.Originality/value -The paper closes with suggestions for future research on how phenomena such as the relationship strategies established by the wineries impact upon internationalization and how decisions of a political nature made by formal institutions influence the wine industry, providing a new outlook on the internationalization of these firms.

A indústria calçadista brasileira tem perdido sua competitividade no mercado internacional em função da concorrência com as empresas asiáticas. Este estudo visa analisar a configuração das estratégias de internacionalização de diferentes empresas calçadistas brasileiras, com base na análise da influência da indústria, das capacidades organizacionais e das instituições -os três elementos do tripé da estratégia que foi desenvolvido por Peng, Wang e Jiang em 2008. Assim, a análise deste trabalho foi direcionada à compreensão de cada elemento do tripé e sua relação na configuração estratégica das empresas calçadistas ao buscar o mercado externo. Para isso, desenvolveu um estudo de caso incorporado, entrevistando executivos de quatro empresas calçadistas brasileiras. De forma complementar, entrevistaram-se cinco instituições, para ampliar o conhecimento sobre estas entidades e sua atuação em relação às empresas.Os resultados demonstram que, embora as empresas pertençam a mesma indústria e estejam expostas a oportunidades e benefícios governamentais similares, cada um dos casos avaliados possui particularidades em seu processo de internacionalização decorrentes de suas capacidades organizacionais.PaLaVraS-ChaVe: Negócios Internacionais. Estratégia. Visão Baseada em Instituições.

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Purpose -This research analyzes to what extent committing resources to the internationalization of family business groups is related to the institutional distance of the host country.Design/methodology/approach -We used OLS panel data with fixed effects.Findings -We identified that family business groups decide to internationalize themselves committing fewer resources to countries that present a positive institutional distance, and that are more institutionally developed than the country of origin. On the other hand, when family business groups choose to expand abroad committing more resources, they tend to invest in countries with a negative institutional distance, and that are less institutionally developed than the country of origin.Originality/value -Our main contribution to existing theory on internationalization of family business groups is to test the relationship between the level of resource commitment by family business groups in their international expansion and the institutional distance between the country of origin and the host country.

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