TY - JOUR
T1 - The Home Country of the MNE
T2 - The Case of Emerging Economy Firms
AU - Hobdari, Bersant
AU - Gammeltoft, Peter
AU - Li, Jing
AU - Meyer, Klaus E.
PY - 2017/3
Y1 - 2017/3
N2 - Research on multinational enterprises that originate from emerging economies has highlighted the importance of the home country for firms’ strategies of internationalization. In this paper, we outline a simple analytical framework linking institutions and resource munificence in the home country to the domestic business eco-system in an emerging economy, and thereby to strategies of outward investments. Specifically, we argue that businesses interact with each other in their home economy, and these patterns of interactions influence strategies of internationalization as companies not only compete with each other, but share resources, coordinate actions and serve as each other’s role model. Strategies of outward investment thus reflect the competition and collaboration in their home country business eco-system.
AB - Research on multinational enterprises that originate from emerging economies has highlighted the importance of the home country for firms’ strategies of internationalization. In this paper, we outline a simple analytical framework linking institutions and resource munificence in the home country to the domestic business eco-system in an emerging economy, and thereby to strategies of outward investments. Specifically, we argue that businesses interact with each other in their home economy, and these patterns of interactions influence strategies of internationalization as companies not only compete with each other, but share resources, coordinate actions and serve as each other’s role model. Strategies of outward investment thus reflect the competition and collaboration in their home country business eco-system.
KW - Emerging market multinationals
KW - Institutions
KW - Resource munificence
KW - Business groups
KW - Business networks
KW - Peer businesses
KW - Emerging market multinationals
KW - Institutions
KW - Resource munificence
KW - Business groups
KW - Business networks
KW - Peer businesses
UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=954921380785&rft.object_portfolio_id=&svc.holdings=yes&svc.fulltext=yes
U2 - 10.1007/s10490-017-9505-4
DO - 10.1007/s10490-017-9505-4
M3 - Journal article
VL - 34
SP - 1
EP - 17
JO - Asia Pacific Journal of Management
JF - Asia Pacific Journal of Management
SN - 0217-4561
IS - 1
ER -