TITLE

Accelerated internationalization by emerging markets� multinationals: The case of the white goods sector

AUTHOR(S)
Bonaglia, Federico; Goldstein, Andrea; Mathews, John A.
PUB. DATE
December 2007
SOURCE
Journal of World Business;Dec2007, Vol. 42 Issue 4, p369
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Abstract: The emergence of a �second wave� of developing country multinational enterprises (MNEs) in a variety of industries is one of the characterizing features of globalization. This paper documents how emerging markets� MNEs (EM-MNEs) may follow quite different patterns to reach, or at least approach, global competitiveness. In particular, it investigates how three EM-MNEs pursued global growth through accelerated internationalization combined with strategic and organizational innovation. Haier (China), Mabe (Mexico) and Ar�elik (Turkey) emerged as multinationals in the large home appliances (so-called �white goods�) industry. The recipe for the success of these firms seems to lie in their ability to treat global competition as an opportunity to build capabilities, move into more profitable industry segments, and adopt strategies that turn latecomer status into a source of competitive advantage. At the same time, their experiences show that there are many strategies and trajectories for going global, consistent with a pluralistic conceptualization of globalization.
ACCESSION #
27356340

 

Related Articles

  • An Ambidexterity Perspective Toward Multinational Enterprises From Emerging Economies. Yadong Luo; Huaichuan Rui // Academy of Management Perspectives;Nov2009, Vol. 23 Issue 4, p49 

    In this article we present an ambidexterity perspective on the international expansion of emerging economy enterprises, highlighting the unique strategic behavior of emerging market multinational enterprises (EM MNEs). Specifically, we conceptualize ambidexterity as a multidimensional term...

  • Competing with emerging market multinationals. Ramamurti, Ravi // Business Horizons;May2012, Vol. 55 Issue 3, p241 

    Abstract: A new breed of multinationals from emerging markets is appearing in many industries. Western firms are wrong to underestimate, as they often do, the competitive threat from these firms. The discussion herein highlights the non-traditional competitive advantages these firms use to win...

  • The World's New Economic Landscape. Gunther, Marc // Fortune International (Europe);7/26/2010, Vol. 162 Issue 2, p81 

    This article discusses how companies are able to do business anywhere in the world with any customer. The article cites as an example the use of a barge by consumer products company Nestl� to travel up the Amazon River in Brazil carrying some of its most popular products to inhabitants...

  • Legitimacy and accelerated internationalisation: An Indian perspective Bangara, Athena; Freeman, Susan; Schroder, William // Journal of World Business;Oct2012, Vol. 47 Issue 4, p623 

    Abstract: This paper extends the institutional theory perspective by examining the strategic behaviour of founders of smaller service firms in a key emerging economy—India. Building on accelerated internationalisation and legitimacy literature in the emerging market context, we provide a...

  • The World's New Economic Landscape. Gunther, Marc // Fortune;7/26/2010, Vol. 162 Issue 2, p104 

    This article discusses how companies are able to do business anywhere in the world with any customer. The article cites as an example the use of a barge by consumer products company Nestl� to travel up the Amazon River in Brazil carrying some of its most popular products to inhabitants...

  • LITHUANIAN COMPANIES IN EMERGING MARKETS: INTERNATIONALIZATION MOTIVES AND BARRIERS. Sekliuckiene, Jurgita // Economics & Management;2013, Vol. 18 Issue 1, p124 

    Companies that want to compete not only in domestic but also in the international market and continue to grow have to look to internationalization as the essence of their development. Nowadays they are increasingly looking to emerging markets, especially BRIC, for sales, profit, and product...

  • Internationalisation of R&D: New insights into multinational enterprises' R&D strategies in emerging markets. Haakonsson, Stine Jessen; Ujjual, Vandana // Management Revue;2015, Vol. 26 Issue 2, p101 

    Multinational enterprises' research and development (R&D) activities are increasingly internationalised and organised into new types of network, as part of their global innovation networks. In this article, we investigate the dynamics and strategies of R&D reorganisation through an in-depth case...

  • INTERNATIONALIZATION OF STATE-OWNED ENTERPRISES THROUGH FOREIGN DIRECT INVESTMENT. RIBEIRO CAHEN, FERNANDA // Administração de Empresas em Revista;nov/dec2015, Vol. 55 Issue 6, p645 

    State-owned enterprises (SOEs) are created to focus on domestic needs, and yet recent evidence points to increasing outward foreign direct investment by SOEs. Existing International Business (IB) theories focus on efficiency-based motives for internationalization; therefore, they do not fully...

  • Jobs follow the market. Conner, Margery // EDN;11/11/2004 Supplement2, Vol. 49, p44 

    The article discusses the impact of globalization on the engineering profession. Companies that compete in the global market hire technologists from Asia because of engineers. China produces 220, 000 basic engineering graduates a year. Manufacturing output is growing at 8% in emerging markets...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics