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- W2479039017 abstract "Purpose This paper aims to examine the conditions, characteristics and strategies pertaining to the rise of emerging markets’ multinationals (EMNEs). Design/methodology/approach The paper relies on both academic and professional resources to offer a holistic understanding of EMNEs by reviewing, analyzing and classifying their underlying conditions, characteristics, internationalization motivations, strategies and competitive advantages. Findings The analysis indicates that EMNEs ascended as a result of major socio-economic transformations in the past two decades after the Cold War; follow an accelerated path of expansion; implement flexible and decentralized organizational configurations; enjoy strong political connections; do not internationalize according to the ownership-location-internalization paradigm, rather follow the linkage-leverage-learning pattern; benefit from multiple sources of competitive advantage and adopt five main types of international strategies; are becoming more sophisticated and represent serious threats to their counterparts from advanced economies. Research limitations/implications As emerging markets and their multinationals are highly heterogeneous, the findings and suggestions remain context-bound. Practical implications The paper synthesizes the EMNEs literature, bridges theory and practice and offers an integrative outline that can be useful for international business managers. Originality/value The paper takes an all-inclusive approach and provides insights into multiple societal and organizational facets of EMNEs." @default.
- W2479039017 created "2016-08-23" @default.
- W2479039017 creator A5054557959 @default.
- W2479039017 date "2016-08-08" @default.
- W2479039017 modified "2023-10-14" @default.
- W2479039017 title "An examination of the conditions, characteristics and strategies pertaining to the rise of emerging markets multinationals" @default.
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- W2479039017 doi "https://doi.org/10.1108/ebr-10-2015-0129" @default.
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