Introduction to Part II: Emerging Economies and Multinational Enterprises

Elitsa R. Banalieva, Laszlo Tihanyi, Timothy M. Devinney, Torben Pedersen

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    Do multinational enterprises evolve differently in emerging and developed economies? Although one camp argues that emerging economy multinationals are different from their developed country counterparts owing to the underdeveloped institutions in their home countries, another camp counters that they are the same and the existing international business theories can fully explain their strategies. A third camp suggests a more nuanced perspective by finding value in both approaches. In this introductory chapter, we review this debate and offer new perspectives on how to extend existing theories by accounting for four specific aspects of the home country institutional environments of emerging economies: breadth, depth, timing, and duration of exposure to institutional development. We then discuss how the chapters in this volume extend these ideas
    Original languageEnglish
    Title of host publicationEmerging Economies and Multinational Enterprises
    EditorsLaszlo Tihanyi, Elitsa R. Banalieva, Timothy M. Devinney, Torben Pedersen
    Number of pages25
    Place of PublicationBingley
    PublisherEmerald Group Publishing
    Publication date2015
    ISBN (Print)9781784417406
    ISBN (Electronic)9781784417390
    Publication statusPublished - 2015

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