The home country of the MNE: The case of emerging economy firms

Bersant Hobdari (), Peter Gammeltoft (), Jing Li () and Klaus Meyer
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Bersant Hobdari: Copenhagen Business School
Peter Gammeltoft: Copenhagen Business School
Jing Li: Beedie School of Business, Simon Fraser University

Asia Pacific Journal of Management, 2017, vol. 34, issue 1, No 1, 17 pages

Abstract: Abstract Research on multinational enterprises that originate from emerging economies has highlighted the importance of the home country for firms’ strategies of internationalization. In this paper, we outline a simple analytical framework linking institutions and resource munificence in the home country to the domestic business eco-system in an emerging economy, and thereby to strategies of outward investments. Specifically, we argue that businesses interact with each other in their home economy, and these patterns of interactions influence strategies of internationalization as companies not only compete with each other, but share resources, coordinate actions and serve as each other’s role model. Strategies of outward investment thus reflect the competition and collaboration in their home country business eco-system.

Keywords: Emerging market multinationals; Institutions; Resource munificence; Business groups; Business networks; Peer businesses (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (33)

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DOI: 10.1007/s10490-017-9505-4

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