Emerging multinationals in emerging markets

✍ Scribed by Ravi Ramamurti; Jitendra V Singh

• Publisher: Cambridge University Press
• Year: 2009
• Tongue: English
• Leaves: 461
• Category: Library

✦ Synopsis

"Why have so many firms in emerging economies internationalised quite aggressively in the last decade? What competitive advantages do these firms enjoy and what are the origins of those advantages? Through what strategies have they built their global presence? How is their internationalization affecting Western rivals? And, finally, what does all this mean for mainstream international business theory? In Emerging Multinationals in Emerging Markets, a distinguished group of international business scholars tackle these questions based on a shared research design. The heart of the book contains detailed studies of emerging-market multinationals (EMNEs) from the BRIC economies, plus Israel, Mexico, South Africa, and Thailand. The studies show that EMNEs come in many shapes and sizes, depending on the home-country context. Furthermore, EMNEs leverage distinctive competitive advantages and pursue distinctive internationalization paths. This timely analysis of EMNEs promises to enrich mainstream models of how firms internationalize in today's global economy"--Provided by publisher. Read more...

✦ Table of Contents

Content: Why study emerging-market multinationals? / Ravi Ramamurti --
Third world multinationals : a look back / Louis T. Wells Jr. --
Theoretical aspects of MNEs from emerging economies / Alan M. Rugman --
Does firm ownership matter? POEs vs. FOEs in the developing world / Alice H. Amsden --
Chinese multinationals : emerging through new global gateways / Peter J. Williamson and Ming Zeng --
Indian multinationals : generic internationalization strategies / Ravi Ramamurti and Jitendra V. Singh --
Russian multinationals : natural resource champions / Daniel J. McCarthy, Sheila M. Puffer, and Oleg S. Vikhanski --
Brazilian multinationals : surfing the waves of internationalization / Afonso Fleury and Maria Tereza Leme Fleury --
South African multinationals : building on a unique legacy / Andrea Goldstein and Wilson Prichard --
Mexican multinationals : insights from CEMEX / Donald R. Lessard and Rafel Lucea --
Thai multinationals : entering the big league / Pavida Pananond --
Israeli multinationals : competing from a small open economy / Yair Aharoni --
What have we learned about emerging-market MNEs? / Ravi Ramamurti.
Abstract:

A distinguished group of international business scholars present detailed studies of emerging-market multinationals (EMNEs). Read more...