Emerging Multinationals in Emerging Markets
Ravi Ramamurti, Jitendra V. Singh
Cambridge University Press, Apr 16, 2009 - Business & Economics
Why have so many firms in emerging economies internationalized quite aggressively in the last decade? What competitive advantages do these firms enjoy and what are the origins of those advantages? Through what strategies have they built their global presence? How is their internationalization affecting Western rivals? And, finally, what does all this mean for mainstream international business theory? In Emerging Multinationals in Emerging Markets, a distinguished group of international business scholars tackle these questions based on a shared research design. The heart of the book contains detailed studies of emerging-market multinationals (EMNEs) from the BRIC economies, plus Israel, Mexico, South Africa, and Thailand. The studies show that EMNEs come in many shapes and sizes, depending on the home-country context. Furthermore, EMNEs leverage distinctive competitive advantages and pursue distinctive internationalization paths. This timely analysis of EMNEs promises to enrich mainstream models of how firms internationalize in today's global economy.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
abroad acquired acquisition activities Africa AmBev Amsden Asia assets Bank billion brands Brazil Brazilian capabilities capital cement CEMEX China Chinese dragons Chinese firms competitive advantages competitors corporate cost innovation country’s CSAs customers CVRD developing countries domestic Embraer emerging economies emerging markets emerging-market EMNEs enterprises Europe example exports firm’s foreign Fortune Global 500 FSAs Gazprom global consolidator global first-mover global market growth Hindalco home market Huawei IB theory important India Indian firms industry Infosys integrated international expansion investment Israel Lenovo low-cost partner M&As Mahindra major manufacturing Marcopolo natural resources operations optimizer outward FDI overseas percent Petrobras pharmaceuticals POEs regional retail revenues Rugman Russian MNEs SABMiller sector Singapore South African firms steel studies subsidiaries suppliers Suzlon Tata Teva Thai multinationals Thailand trade TWMNCs UNCTAD value chain Western MNEs Wipro world’s largest