Internalization theory and the performance of emerging-market multinational enterprises
被引:62
作者:
Buckley, Peter J.
论文数: 0引用数: 0
h-index: 0
机构:
Univ Leeds, Ctr Int Business, Maurice Keyworth Bldg, Leeds LS2 9JT, W Yorkshire, EnglandUniv Leeds, Ctr Int Business, Maurice Keyworth Bldg, Leeds LS2 9JT, W Yorkshire, England
Buckley, Peter J.
[1
]
Tian, Xiaowen
论文数: 0引用数: 0
h-index: 0
机构:
Murdoch Univ, Sch Management & Governance, 90 South St, Murdoch, WA 6150, AustraliaUniv Leeds, Ctr Int Business, Maurice Keyworth Bldg, Leeds LS2 9JT, W Yorkshire, England
Tian, Xiaowen
[2
]
机构:
[1] Univ Leeds, Ctr Int Business, Maurice Keyworth Bldg, Leeds LS2 9JT, W Yorkshire, England
[2] Murdoch Univ, Sch Management & Governance, 90 South St, Murdoch, WA 6150, Australia
Internalization theory;
Multinational enterprise;
Emerging market;
Performance;
Global factory;
INTERNATIONAL EXPANSION;
DIVERSIFICATION;
FIRMS;
D O I:
10.1016/j.ibusrev.2017.03.005
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
Constrained by their peripheral position in the global factory system and underdeveloped institutions at home, emerging-market multinational enterprises (MNEs) are likely to achieve monopoly-based, rather than knowledge-based, financial gains from internationalization conditional on R&D. Emerging market MNEs need to engage in R&D to upgrade orchestration know-how within the global factory. This needs to be accompanied by the development of home-based enabling institutions. This article develops the argument based on internalization theory, and tests hypotheses against the experience of major emerging-market MNEs from 2004 to 2011. (C) 2017 Elsevier Ltd. All rights reserved.