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Essay Details:
Essay text:
He primarily takes into account political actors and considers them as central to his study.
The main question addressed is how businesses behave when they interact with political actors. This is important because such activities can create winners or losers in the market by their effect on needed resources. To explain this, a 3-factor model: interactions (commitment to gaining knowledge, resource commitment and trust), objective (influence) and actor’s characteristics (legitimacy, type, size) is used.
It is stated that initially power supremacy lies with governments. Business actors then establish influential relationships to convince political actors to provide specific types of political support...
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