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The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets

Thesis (PhD)--University of Pretoria, 2018.

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Other Authors: Olivier, Johan
Format: Thesis
Language:English
Published: University of Pretoria 2018
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access_status_str Open Access
author2 Olivier, Johan
author_browse Olivier, Johan
author_facet Olivier, Johan
collection Thesis
dc_rights_str_mv © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Thesis (PhD)--University of Pretoria, 2018.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:25.592Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2018
publishDateRange 2018
publishDateSort 2018
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/67295 The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets Olivier, Johan none Madziva, Tonderayi Jafias UCTD Nonmarket strategy Infrastructure-building nonmarket strategy Cost Thesis (PhD)--University of Pretoria, 2018. This study examined effect of partnering, infrastructure gaps and currency weakness on the implementation cost of infrastructure-building nonmarket strategy. Limited knowledge on cost of nonmarket strategy existed, leading to absence of meaningful understanding of the business competitive and performance benefits of its implementation. The study was conducted in the mining sector of the South African emerging market, characterized by unavailable or underdeveloped business aiding infrastructure and ageing physical infrastructure. Nonmarket strategy has performance and competitiveness benefits from its implementation as reported in previous studies. Other studies examined its integration with market strategy, taxonomies, antecedents, and internationalization. No studies had examined the implementation cost of nonmarket strategy. To address the gap, hypotheses were developed to answer the research question: what are the effects of strategy option, institutional & economic factors on the cost of infrastructure-building nonmarket strategy implementation? A quantitative method embedded in a cross-sectional survey design using a snowball non-probability sampling technique was used to collect data from 239 participants. Analysis using factor analysis and structural equation modelling showed a positive relationship between a partnering strategy option and cost of implementing infrastructure-building nonmarket strategy likely driven by the absence of: contractual agreements; political ties and networks; project management; regulatory requirement understanding; and capacity building among partners. The relationship with institutional & economic factors was not significant likely driven by the fact that these factors are embedded in the business environment and participants perceived no impact. This study has made significant progress toward the understanding of the cost of implementing nonmarket strategy, as well as providing meaningful understanding of its perceived organizational performance and competitiveness benefits. The study illuminates a surprising observation, where the natural expectation is that partnerships would lower cost of implementing an infrastructure-building nonmarket strategy. Contrary to this expectation the study shows that a partnering relationship increases cost suggesting antecedents that drive the direction of the relationship. Future research can focus on a single set of factors among strategy options, institutional factors, economic factors, as well as examine the antecedents on the relationship with cost of implementing nonmarket strategy. Gordon Institute of Business Science (GIBS) PhD Unrestricted 2018-11-23T07:02:36Z 2018-11-23T07:02:36Z 2018 2018 Thesis Madziva, TJ 2018, The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets, PhD Thesis, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/67295> http://hdl.handle.net/2263/67295 en © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Nonmarket strategy
Infrastructure-building nonmarket strategy
Cost
The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets
title The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets
title_full The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets
title_fullStr The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets
title_full_unstemmed The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets
title_short The effect of partnering, infrastructure gaps and currency weakness on the cost of an infrastructure-building nonmarket strategy in emerging markets
title_sort effect of partnering infrastructure gaps and currency weakness on the cost of an infrastructure building nonmarket strategy in emerging markets
topic UCTD
Nonmarket strategy
Infrastructure-building nonmarket strategy
Cost
url http://hdl.handle.net/2263/67295