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The Influence of Domestic Economic Agents on the International Competitiveness of Latin American Firms: Evidence from Peruvian Small and Medium Multinational Enterprises

Jesus Vinces () and David Urbano ()

Emerging Markets Finance and Trade, 2014, vol. 50, issue 6, 229-248

Abstract: We evaluate how home-country economic agents (government, universities and research centers, and industry) affect the international competitiveness of small and medium multinational enterprises (SMNEs) of developing countries in Latin America. Drawing on a sample of 100 SMNEs of Peru, the main findings reveal that for Peruvian SMNEs, the government is a core economic agent. Competitiveness of SMNEs also depends on the relationships they have with companies operating in the same industry. Universities and research centers do not have a positive effect on the international competitiveness of SMNEs. The study both advances theory and offers practical advice

Date: 2014
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DOI: 10.1080/1540496X.2014.1013865

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Handle: RePEc:mes:emfitr:v:50:y:2014:i:6:p:229-248