An Ambidexterity Perspective Toward Multinational Enterprises From Emerging Economies
从双元能力视角分析新兴经济体跨国企业的国际化扩张,提出包含共同演化、共同能力、共同竞争和共同导向的多维概念,并用中国案例说明其如何利用双元能力弥补后发劣势。
Executive Overview 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 comprising co-evolution, co-competence, co-opetition, and co-orientation. While all firms need and maintain some degree of ambidexterity, EM MNEs have stronger motives and abilities to build and leverage such ambidexterity to offset their late-mover disadvantages. They behave co-evolutionarily to deal with the external environment they face at home and abroad, leverage their co-competence (transactional and relational) to compete against their global rivals, develop co-opetitive (simultaneous cooperation and competition) ties with their business stakeholders, and maintain co-orientations (leveraging competitive advantages to bolster short-term survival and compensating competitive disadvantages for long-term growth). This article uses several cases from China to detail this view and provides theoretical and practical implications of ambidexterity in the context of global business. It sets a foundation for discussion and examination of the critical domain of multinational enterprises from emerging economies—one that is yet to be widely examined.