Emerging Multinationals from Mid‐Range Economies: The Influence of Institutions and Factor Markets
扩展了作者2005年的研究，提出更精细的国家背景分类，聚焦中等范围新兴经济体，分析其跨国公司的区域和全球国际化，并指出政府影响、资源整合、市场进入和公司治理四个研究方向。
Abstract This paper revisits and extends our earlier work (in 2005) in the pages of this journal. We argue that there is a need for more fine‐grained understanding of the country context along two dimensions: (1) institutional development and (2) infrastructure and factor market development. Specifically, we propose an enriched typology of emerging economies with a focus on mid‐range emerging economies, which are positioned between traditional emerging economies and newly developed economies. Then we examine new multinationals from these mid‐range emerging economies that have internationalized both regionally and globally. We outline directions for further research based on this typology in terms of (1) government influence, (2) resource orchestration, (3) market entry, and (4) corporate governance regarding the internationalization strategy of these emerging multinationals from mid‐range economies.