Third World Multinationals: A Growing Force in International Relations

Kumar, Krishna

doi:10.2307/2600427

Cited by 53 publications

(24 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…the international business literature provides explanations for internationalization and entry mode decisions of MNes from developed countries, but there is no single theory that can be used to explain outward FDi from emerging country economies (Buckley et al 2007;luo and tung 2007;Yiu et al 2007). earlier works on developing country MNes or third world MNes, initially used an adapted transaction cost explanation of internationalization (Kumar 1982;lee and Beamish 1995). More recently informed observers have noted that the emerging trend is much more complex, therefore it requires insights from a number of perspectives (Mathews 2006;Bonaglia et al 2007;luo and tung 2007).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 98%

“…in the past, developing country MNes (so called third world MNes) targeted other developing countries and had more resource oriented activities (lecraw 1977;Heenan and Keegan 1979;Kumar 1982;lall 1983;Wells 1983). however, recent trends indicate that emerging country MNes target their operations toward both developed and developing markets, as well as in resource intensive and higher value adding activities (luo and tung 2007;OecD 2007).…”

Section: Introductionmentioning

confidence: 98%

“…however, recent trends indicate that emerging country MNes target their operations toward both developed and developing markets, as well as in resource intensive and higher value adding activities (luo and tung 2007;OecD 2007). Research on MNes from emerging countries has so far focused on governance (Filatotchev et al 2007), determinants of chinese outward FDi (Buckley et al 2007;Yiu et al 2007) and FDi strategies of emerging country MNes in other emerging countries (lecraw 1977;Raju and Prahalad 1980;Kumar 1982;lee and Beamish 1995;chen 1998;Yeung 1998Yeung , 1999. so, although some recent empirical studies have examined emerging country MNEs′ strategies (Bonaglia et al 2007;Buckley et al 2007;Filatotchev et al 2007;Yiu et al 2007), the entry mode choice of these companies with respect to developed and other emerging and developing countries has yet to be studied (Brouthers and hennart 2007).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Perceptions of Institutional Environment and Entry Mode

2010

View full text Add to dashboard Cite

0Multinational companies from emerging and developing economies (eMNcs) are becoming major players in the globalized world economy and are likely to wield growing influence on economic dynamics in OecD, emerging, and developing countries alike. this paper presents data gathered from Turkish firms investing in the transitional economies of the Central Asian Republics. 0Using an integrated risk management framework (Miller 1992) as a platform for investigating executives′ perceptions of environmental uncertainty in entry mode decisions, we extend the framework through the addition of variables, such as corruption, which synthesise institutional level factors. 0The findings indicate that greater ethical-societal uncertainties result in a preference for joint venture over wholly owned subsidiary. there is a strong correlation between the perceived risk of intervention and joint venture entry mode. We find only limited support for the Uppsala internationalisation model. ass. Prof. h. altay school of tourism and hotel administration,

show abstract

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 98%

Section: Introductionmentioning

confidence: 98%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Perceptions of Institutional Environment and Entry Mode

2010

View full text Add to dashboard Cite

show abstract

“…Other possible sources of ownership advantage of developing-country MNEs are the presence of ethnic connections, the specialization in products not made by developed countries' MNEs, the cultural similarity with the host country, the high level of acceptance by many host governments (Kumar, 1982). Nevertheless, these kinds of ownership advantages are valid when Third World firms invest in other developing countries, but they could not be considered sources of competitive advantages when they invest in developed countries.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Why Chinese Companies Go Abroad? A Theoretical Model to Explain the Drivers of the Internationalization Strategy of Chinese MNEs

Parmentola¹

2017

IBR

View full text Add to dashboard Cite

China is today considered the second power in the world after the USA and recently many Chinese companies became global leaders in their specific industries. This success is also realized thanks to the expansion strategy adopted by many Chinese multinationals that have realized FDIs both towards other developing countries and towards advanced economies. What are the determinants that push the Chinese companies to go abroad? Are the traditional internalization theories based on the concept of ownership advantage able to explain the internationalization of Chinese MNES? Accordingly aim of this paper is to describe the determinants that induce the Chinese companies to realize FDIs and the characteristics that distinguish their internationalization strategy by the strategy adopted by developed countries multinationals.

show abstract

“…A maior parte desses trabalhos teve como base aspectos microeconômicos, como: fatores de produção específicos no chão da fábrica, plantas com baixas economias de escala e adequadas às economias de igual ou menor nível desenvolvimento, fabricação de produtos relativamente homogêneos e maduros, baixos salários pagos aos trabalhadores e aos gerentes expatriados, adoção de tecnologia de produção adequada aos países menos desenvolvidos etc. (LECRAW, 1977;KUMAR, 1982;LALL, 1983).…”

Section: Teorias Da Internacionalização De Empresasunclassified

Os novos espaços de acumulação do Grupo Votorantim

Santos¹

2010

Ra'e Ga

View full text Add to dashboard Cite

RESUMOEste artigo está voltado à compreensão das recentes mudanças no capitalismo industrial brasileiro, particularmente a expansão de empresas e grupos no exterior. O recorte de análise deste texto é o Grupo Votorantim, um dos mais importantes conglomerados do país e da América Latina. O grupo atua em diversos ramos da economia e, recentemente, tem investido na aquisição de empresas estrangeiras em diferentes negócios e em diferentes países. Neste artigo, serão apontadas as teorias da internacionalização de empresas e grupos e a trajetória histórica do Grupo Votorantim desde sua origem até a internacionalização de sua produção. Os dados secundários foram obtidos a partir de relatórios anuais do grupo, de revistas especializadas e de jornais. Palavras-chave:Produção do espaço; Dinâmicas territoriais; Globalização; Grupo Votorantim; Brasil. ABSTRACTThis article aims to getting at the recent changes in Brazilian industrial capitalism, especially the expansion of companies and business groups abroad. The analyzed theme is the Votorantim Group, one of the most important groups in the country and Latin America. The Group acts in several branches of the economy and it has recently invested in the acquisition of foreign companies in different business and countries. In this article, the theories of internationalization of companies and business groups and the path of the Votorantim Group are focused -from its origin to productive internationalization. The secondary data were compiled from annual reports of the group, specialized magazines and newspapers.

show abstract

Third World Multinationals: A Growing Force in International Relations

Cited by 53 publications

References 6 publications

Perceptions of Institutional Environment and Entry Mode

Perceptions of Institutional Environment and Entry Mode

Why Chinese Companies Go Abroad? A Theoretical Model to Explain the Drivers of the Internationalization Strategy of Chinese MNEs

Os novos espaços de acumulação do Grupo Votorantim

Contact Info

Product

Resources

About