TY - JOUR
T1 - Multinational enterprises from emerging economies
T2 - what theories suggest, what evidence shows. A literature review
AU - Amighini, Alessia
AU - Cozza, Claudio
AU - Giuliani, Elisa
AU - Rabellotti, Roberta
AU - Scalera, Vittoria Giada
N1 - Publisher Copyright:
© 2015, Associazione Amici di Economia e Politica Industriale.
PY - 2015/9/22
Y1 - 2015/9/22
N2 - The phenomenon of Emerging Economy Multinational Enterprises (EMNEs) and their internationalization process have sparked the debate over the appropriateness of International Business theories to study EMNEs’ internationalization processes. The literature has extensively investigated what distinguishes EMNEs from Advanced Country Multinational Enterprises (AMNEs). This review summarizes and discusses some of the issues that have mostly attracted scholarly debate in this research area. We discuss the specificities of EMNEs: how they differ from AMNEs with respect to three very important and well studied topics: first, country-specific and firm-specific advantages; second, motivations for investing abroad; and third, different modes of entry into foreign markets. We conclude that EMNEs do differ from AMNEs, although these differences may be contingent and transitory.
AB - The phenomenon of Emerging Economy Multinational Enterprises (EMNEs) and their internationalization process have sparked the debate over the appropriateness of International Business theories to study EMNEs’ internationalization processes. The literature has extensively investigated what distinguishes EMNEs from Advanced Country Multinational Enterprises (AMNEs). This review summarizes and discusses some of the issues that have mostly attracted scholarly debate in this research area. We discuss the specificities of EMNEs: how they differ from AMNEs with respect to three very important and well studied topics: first, country-specific and firm-specific advantages; second, motivations for investing abroad; and third, different modes of entry into foreign markets. We conclude that EMNEs do differ from AMNEs, although these differences may be contingent and transitory.
KW - Country-specific advantages
KW - Emerging Economy Multinational Enterprises
KW - Firm-specific advantages
KW - Foreign direct investment strategies
KW - Mode of entry
UR - http://www.scopus.com/inward/record.url?scp=84939600443&partnerID=8YFLogxK
U2 - 10.1007/s40812-015-0011-8
DO - 10.1007/s40812-015-0011-8
M3 - Article
SN - 0391-2078
VL - 42
SP - 343
EP - 370
JO - Journal of Industrial and Business Economics
JF - Journal of Industrial and Business Economics
IS - 3
ER -