Emerging Multinationals in Emerging Markets
Cambridge University Press
Edition: Illustrated, 7/22/2010
EAN 9780521160186, ISBN10: 0521160189
Paperback, 460 pages, 22.9 x 15.2 x 2.6 cm
Language: English
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.
List of figures
List of tables
Abbreviations
List of contributors
Acknowledgements
Part I. Introduction
1. Why study emerging market MNEs? Ravi Ramamurti
2. Third world multinationals
a look back Louis T. Wells, Jr
3. Theoretical aspects of MNEs from emerging markets Alan Rugman
4. Does firm ownership matter? POEs vs. FOEs in the developing world Alice H. Amsden
Part II. Country Studies
5. Chinese multinationals
emerging through new global gateways Peter Williamson and Ming Zeng
6. Indian multinationals
generic internationalization strategies Ravi Ramamurti and Jitendra V. Singh
7. Russian multinationals
natural resource champions Daniel J. McCarthy, Sheila M. Puffer and Oleg S. Vikhanski
8. Brazilian multinationals
surfing the waves of internationalization Afonso Fleury and Maria Tereza Leme Fleury
9. South African multinationals
building on a unique legacy Andrea Goldstein and Wilson Prichard
10. Mexican multinationals
lessons from Cemex Donald R. Lessard and Rafel Lucea
11. Thai multinationals
struggling to enter the big league Pavida Pananond
12. Israeli multinationals
competing from a small open economy Yair Aharoni
Part III. Conclusions
13. What have we learned about emerging-market MNEs? Ravi Ramamurti
Index.