Indian Journal of Industrial Relations: Economics & Social Dev.

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Multinational Companies from Emerging Economies Composition, Conceptualization & Direction in the Global Economy


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The rise of multinational corporations from emerging economies is a distinctive facet of the current globalization wave, with important implications for our understanding of the world economy, global business and international political economy. Andrea Goldstein shows that the need to compete internationally and acquire the necessary competencies and assets is the force that drives firms to invest abroad at an early stage of their history. In so far as emerging multinationals are embedded in dense political, social and ethnic networks, the history of multinational business offers valuable lessons for the present.
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  • Bonaglia, Federico, Aslý Colpan & Andrea Goldstein (2008), “Innovation and Internationalisation in the White Goods GVC: the Case of Arçelik”, International Journal of Technological Learning, Innovation and Development, 1(4): 520-35.

  • Bonaglia, Federico, Andrea Goldstein & John Mathews (2007), “Accelerated Internationalization by Emerging Multinationals: The Case of White Goods”, Journal of World Business, 42(4): 369-83.

  • Busjeet, Vinod (1980), Foreign Investors from Less-Developed Countries: A Strategic Profile, doctoral thesis, Graduate School of Business Administration, Harvard University.

  • Goldstein, Andrea (2008a), “A Latin American Global Player Goes to Asia: Embraer in China”, International Journal of Techno-logy and Globalisation, 4(1): 56-69.

  • Goldstein, Andrea (2008b), “Emerging Economies’ Transnational Corporations: the Case of Tata”, Transnational Corporations, 17(3): 85-108.

  • Goldstein, Andrea & Pavida Pananond (2008), “Singapore Inc. Goes Shopping Abroad: Profits and Pitfalls”, Journal of Contemporary Asia, 38(3): 417–38.

  • Jones, Geoffrey (2005), Multinationals and Global Capitalism, Oxford and New York: Oxford UP.

  • Jones, G. & Tarun Khanna (2006), “Bringing History (Back) into International Business.” Journal of International Business Studies, 37(4):453-68.

  • Lall, Sanjaya (ed.) (1983), The New Multinationals: the Spread of Third World Enterprises, Chichester: Wiley/IRM Series on Multinationals.

  • Wells, Louis (1983), Third World Multinationals, Cambridge, MA: MIT Press.


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  • Multinational Companies from Emerging Economies Composition, Conceptualization & Direction in the Global Economy

Abstract Views: 261  |  PDF Views: 0

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Abstract


The rise of multinational corporations from emerging economies is a distinctive facet of the current globalization wave, with important implications for our understanding of the world economy, global business and international political economy. Andrea Goldstein shows that the need to compete internationally and acquire the necessary competencies and assets is the force that drives firms to invest abroad at an early stage of their history. In so far as emerging multinationals are embedded in dense political, social and ethnic networks, the history of multinational business offers valuable lessons for the present.

References