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Extending theory by analyzing developing country multinational companies: Solving the Goldilocks debate

Published on Aug 1, 2012in Global Strategy Journal2.73
· DOI :10.1111/j.2042-5805.2012.01039.x
Alvaro Cuervo-Cazurra32
Estimated H-index: 32
(College of Business Administration)
Abstract
I analyze how the study of developing country multinational companies (DMNCs) can help extend theory. The renewed interest in DMNCs has generated a ‘Goldilocks’ debate, with one camp arguing that the analysis of DMNCs is ‘hot’ and requires new theory, another camp arguing that it is ‘cold’ and no new theory is required, and a third camp arguing that it is ‘just right’ and it can be used to extend theory. I follow this third camp and argue that the unique conditions of developing countries influence the internationalization of DMNCs, creating a laboratory for extending theory. I illustrate this idea by reviewing some of the key theories and models of the multinational company and explaining how they can be extended with the study of DMNCs.
  • References (87)
  • Citations (227)
References87
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#1Snehal Awate (TU: Temple University)H-Index: 4
#2Marcus Møller Larsen (CBS: Copenhagen Business School)H-Index: 9
Last.Ram Mudambi (TU: Temple University)H-Index: 42
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Cited By227
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#1Liubov Ermolaeva (SPbU: Saint Petersburg State University)
#2Konstantin Nefedov (SPbU: Saint Petersburg State University)
Last.Dmitrii Viktorov (SPbU: Saint Petersburg State University)
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#1Rajneesh Narula (University of Reading)H-Index: 37
#2Christian Geisler Asmussen ('KCL': King's College London)H-Index: 15
Last.Sumit K. Kundu (FIU: Florida International University)H-Index: 23
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#1Vikas Kumar (USYD: University of Sydney)H-Index: 29
#2Deeksha Singh (RU: Rutgers University)H-Index: 9
Last.Ajai S. Gaur (RU: Rutgers University)H-Index: 29
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