“…Unlike the DMNEs, the acquisitions of emerging market MNEs (EMNEs), especially in the developed markets, are driven by knowledge seeking motives to a large extent (Bangara, Freeman and Schroder, 2012;Buckley et al, 2016a;Jormanainen and Koveshnikov, 2012;Kedia, Gaffney and Clampit, 2012;Luo and Tung, 2007;Mathews, 2006;Thite et al, 2015;Wilkinson, Wood and Demirbag, 2014). As latecomers, these acquisitions are vital for them to rapidly catch up with their global competitors (springboard).…”