The institution-based view of strategyhow to measure it

  1. Elisabet Garrido 1
  2. Jaime Gómez Villascuerna 2
  3. Juan Pablo Maicas López 1
  4. Raquel Orcos Sánchez 3
  1. 1 Universidad de Zaragoza

    Universidad de Zaragoza

    Zaragoza, España


  2. 2 Universidad de La Rioja

    Universidad de La Rioja

    Logroño, España


  3. 3 Universidad CEU San Pablo

    Universidad CEU San Pablo

    Madrid, España


Business Research Quarterly

ISSN: 2340-9436

Year of publication: 2014

Volume: 17

Issue: 2

Pages: 82-101

Type: Article



The institution-based view of strategy has emerged as a leading perspective in Strategic Management. It incorporates the institutional dimension when offering relevant answers to the fundamental questions of strategy. One of the challenges of this perspective is to develop stronger measures of institutions (Peng et al., 2009). This paper seeks to contribute in this direction by offering a detailed analysis of the main measures of institutions that previous works in Strategic Management have used. Our aim is to offer a guide that will help researchers to decide how they should incorporate the institutional dimension into their empirical work.

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