The role of springboarding in economic catch-up: A theoretical perspective
Peter Enderwick and
Peter J. Buckley
Journal of International Management, 2021, vol. 27, issue 3
Abstract:
This paper offers a taxonomic examination of the springboard perspective, outlining three upgrading paths pursued by emerging market firms – path following, path creating and path compressing. The choice of the upgrading path is determined primarily by home-country conditions including market size and growth, innovative capability, government intervention, and market and institutional imperfections. We find that “springboarding” is a strategy most likely to be adopted by path-compressing firms and least likely to be observed among path-creating firms.
Keywords: Emerging market MNEs; Catch-up; Springboard perspective (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (11)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:intman:v:27:y:2021:i:3:s1075425321000120
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DOI: 10.1016/j.intman.2021.100832
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