Regional competitive advantage based on pioneering economic reforms: the case of Chilean FDI

Patricio Del Sol and Joseph Kogan
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Patricio Del Sol: Industrial and Systems Engineering Department, Pontificia Universidad Católica de Chile, Santiago, Chile
Joseph Kogan: [1] 2Escuela de Administración, Pontificia Universidad Católica de Chile, Santiago, Chile [2] 3Lehman Brothers, New York, USA

Journal of International Business Studies, 2007, vol. 38, issue 6, 927 pages

Abstract: Foreign affiliates of Chilean companies operating in Latin America were more profitable than similar local firms, but this difference in profitability has been decreasing over time. Two case studies of Chilean multinationals illustrate our hypothesis that one source of competitive advantage for Chilean firms was their know-how of business strategy during economic liberalization. Using empirical and theoretical considerations, we analyze whether this hypothesis is valid for other firms and industries. Journal of International Business Studies (2007) 38, 901–927. doi:10.1057/palgrave.jibs.8400299

Date: 2007
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