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Multinational Enterprises from Small Economies: The Internationalization Pattern of Large Companies from Denmark, Finland and Norway

Gabriel Benito (), Jorma Larimo, Rajneesh Narula () and Torben Pedersen
Additional contact information
Jorma Larimo: University of Vaasa, Postal: Department of Marketing, University of Vaasa, P.O. Box 700, FIN-65101 Vaasa, Finland
Torben Pedersen: Department of International Economics and Management, Copenhagen Business School, Postal: Department of International Economics and Management, Copenhagen Business School, Howitzvej 60, 2nd floor , DK-2200 Copenhagen N, Denmark

No 13-2001, Working Papers from Copenhagen Business School, Department of International Economics and Management

Abstract: Analyzing the internationalization of large companies from small countries requires understanding the process of internationalization by examining push-pull forces associated with the interface between micro and macro level factors. We examine the growth and international expansion of the ten largest companies in Denmark, Finland, and Norway over the period 1990 to 1999. Most companies in the sample became more international during the last decade across basically all the investigated dimensions of internationalization. This was particularly accentuated in the case of Norwegian firms, possibly due to their lower degree of internationalization at the beginning of the period. The study also shows that companies increasingly internationalized even such strategic activities as research and development activities, and headquarters functions.

Keywords: Internationalization; Scandinavia; Multinational corporations; Small open economies (search for similar items in EconPapers)
Pages: 36 pages
Date: 2001-06-11
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http://openarchive.cbs.dk/cbsweb/handle/10398/6586 (application/pdf)

Related works:
Chapter: Multinational Enterprises from Small Economies: The Internationalization Patterns of Large Companies from Denmark, Finland and Norway (2009) Downloads
Journal Article: Multinational Enterprises from Small Economies: Internationalization Patterns of Large Companies from Denmark, Finland, and Norway (2002) Downloads
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