6 research outputs found
Multinational enterprises from emerging economies: what theories suggest, what evidence shows. A literature review
The phenomenon of Emerging Economy Multinational Enterprises
(EMNEs) and their internationalization process have sparked the debate over the
appropriateness of International Business theories to study EMNEs’ internationalization
processes. The literature has extensively investigated what distinguishes
EMNEs from Advanced Country Multinational Enterprises (AMNEs). This review
summarizes and discusses some of the issues that have mostly attracted scholarly
debate in this research area. We discuss the specificities of EMNEs: how they differ
from AMNEs with respect to three very important and well studied topics: first,
country-specific and firm-specific advantages; second, motivations for investing
abroad; and third, different modes of entry into foreign markets. We conclude that EMNEs do differ from AMNEs, although these differences may be contingent and
transitory