Internationalization Patterns of Multilatinas

Published on Jan 1, 2012in AD-minister
Juanita Castro Olaya1
Estimated H-index: 1
(EAFIT University),
Juliana Castro Olaya1
Estimated H-index: 1
(EAFIT University),
Indira Jaller Cuéter1
Estimated H-index: 1
(University of Strasbourg)
Abstract
The following paper addresses an issue that has been gaining importance in today’s world: Multilatinas. Those are companies that have emerged from Latin American developing economies and that during the last decades have been growing really fast in the national and the international field. Through this paper we studied the importance of Multilatinas in the region, their common characteristics and their internationalization processes in order to identify if there is a common pattern in their international moves. Actually, the economic openness of Latin America in the 90s left two options for enterprises: to modernize or to disappear. Therefore, Multilatinas represent the survivors from this phenomenon that flourished in adverse conditions through a process of “learning-by-doing”. Modelos de internacionalizacion de las multilatinas El presente trabajo aborda un tema que ha ido ganando importancia en el mundo actual: las Multilatinas. Estas empresas han surgido de las economias en desarrollo de America Latina y durante las ultimas decadas han crecido exponencialmente tanto en el ambito nacional como internacional.A traves de este trabajo se estudia la importancia de las Multilatinas en la region, sus caracteristicas comunes y sus procesos de internacionalizacion con el fin de identificar si existe un patron comun en sus movimientos internacionales. De hecho, la apertura economica que vivio America Latina en los anos 90 dejo dos opciones para las empresas: modernizarse o desaparecer. Por lo tanto, las Multilatinas son las sobrevivientes de este fenomeno que se desarrollo en condiciones adversas a traves de un proceso de “Aprender-haciendo”.
  • References (39)
  • Citations (8)
References39
Published on Jan 1, 2010
Mauro F. Guillén31
Estimated H-index: 31
(University of Pennsylvania),
Esteban García-Canal17
Estimated H-index: 17
(University of Oviedo)
List of figures List of tables 1. The new multinationals 2. Traditional and new multinationals 3. Diversification and vertical integration in traditional industries 4. Market access and technology in durable consumer goods 5. Serving global customers in producer goods 6. Learning by doing in infrastructure and financial services 7. Competing in hard and soft services 8. Toward a new theory of the multinational enterprise Bibliography Index.
30 Citations Source Cite
Published on Jun 1, 2003in Asia Pacific Journal of Management 2.47
Peter Ping Li18
Estimated H-index: 18
(California State University)
Despite their growing proliferation and importance, the multinational enterprises (MNEs) from the developing countries have not received adequate attention. Further, there is a growing concern with the validity of the extant MNE theories in the context of globalization and network. This paper seeks to address two questions: (1) how much can we apply the extant MNE theories (which are built on the evidence from the developed countries) to the MNEs from the developing countries as latecomers; and ...
96 Citations Source Cite
Published on Sep 27, 2007
Pankaj Ghemawat28
Estimated H-index: 28
(Harvard University)
Why do so many global strategies fail--despite companies' powerful brands and other border-crossing advantages? Seduced by market size, the illusion of a borderless, "flat" world, and the allure of similarities, firms launch one-size-fits-all strategies. But cross-border differences are larger than we often assume, explains Pankaj Ghemawat in Redefining Global Strategy. Most economic activity--including direct investment, tourism, and communication--happens locally, not internationally. In this ...
243 Citations
Published on May 5, 2005
Grazia Ietto-Gillies1
Estimated H-index: 1
This unique textbook provides a comprehensive critical analysis of modern theories, concepts and effects relating to transnational corporations and international production. Its user-friendly presentation includes boxes to highlight key concepts as well as suggestions for further reading. The text begins with a clear and concise discussion of basic concepts, and goes on to examine various theoretical approaches, topics and authors including:. Hymer, Vernon, Knickerbocker, Aliber, Dunning, Cantwe...
60 Citations
Andrea Goldstein15
Estimated H-index: 15
(Organisation for Economic Co-operation and Development)
Introduction Trends in 'Southern' Outward FDI Towards an Industry Categorization The New Asian Multinationals 'Multilatinas' Extant Theories and Their Relevance to EMNCs The Role of Governments Some Key Questions Consequences for OECD Governments, Firms and Workers Conclusions: The Way Ahead
120 Citations
Published on Jan 1, 2009
Ravi Ramamurti17
Estimated H-index: 17
,
Jitendra Vir Singh21
Estimated H-index: 21
List of figures List of tables Abbreviations List of contributors Acknowledgements Part I. Introduction: 1. Why study emerging market MNEs? Ravi Ramamurti 2. Third world multinationals: a look back Louis T. Wells, Jr 3. Theoretical aspects of MNEs from emerging markets Alan Rugman 4. Does firm ownership matter? POEs vs. FOEs in the developing world Alice H. Amsden Part II. Country Studies: 5. Chinese multinationals: emerging through new global gateways Peter Williamson and Ming Zeng 6. Indian mu...
292 Citations Source Cite
Alvaro Bruno Cyrino3
Estimated H-index: 3
(Fundação Getúlio Vargas),
Erika Penido Barcellos2
Estimated H-index: 2
(Fundação Dom Cabral),
Betania Tanure4
Estimated H-index: 4
(Pontifícia Universidade Católica de Minas Gerais)
Purpose – It has been argued in the international business literature that companies begin their internationalization trajectories by entering countries that are geographically and psychically closest to the country in which their home market is located before entering more distant ones. This paper aims to verify whether this assertion is correct for Brazilian companies. If it is correct, the companies would be expected to begin their international expansion in countries within the Latin America...
27 Citations Source Cite
Published on Jan 1, 2010in Universia Business Review
Alfonso Fleury1
Estimated H-index: 1
(University of São Paulo),
Maria Tereza Leme Fleury18
Estimated H-index: 18
,
Germano Glufke Reis3
Estimated H-index: 3
Este articulo analiza las ventajas de las multinacionales de paises emergentes. Examina el proceso de internacionalizacion de 12 multinacionales brasilenas en base a una contextualizacion historica e identifica las ventajas y desventajas comparativas del pais. Destaca que lo que se distingue en la internacionalizacion de las empresas brasilenas —y que caracteriza su forma propia de «caminar»— es el modelo de gestion que llevan a cabo, fundamentado en una combinacion original de competencias orga...
10 Citations
Published on Dec 4, 2010in International Business Management
M. B. A. José G. Vargas-Hernández8
Estimated H-index: 8
,
Mohammad Reza Noruzi7
Estimated H-index: 7
(Islamic Azad University)
The entry to global markets, expansion and proliferation of the “new” multinational enterprises (MNs) originating in emerging economies, such as the case of Brazil, China, India and Mexico, during the last two decades, have surprised policymakers and analysts. The Boston Consulting Group (2006) identified 6 Mexican MNEs out of top 100 emerging multinationals. The 2009 Boston Consulting Group (BCG) 100 new global challengers are based on 14 rapidly development economies (RDEs), including Mexico. ...
7 Citations Source Cite
Cited By8
Mtro. José Satsumi López-Morales1
Estimated H-index: 1
,
Jorge Alberto Wise-Lozano1
Estimated H-index: 1
,
M.B.A Josè G. Vargas-Hernà ndez1
Estimated H-index: 1
(University of Guadalajara)
The aim of this paper is to analyze the origin and conceptualization of “multilatinas†and some particular features, for which it is conducted a review of the literature related to the conceptualization of these topics. Next, it is presented the historical development of the internationalization process in Latin America, some particular features of emerging multinationals and “multilatinas†. Likewise, it is presented some particular features of state “multilatinas†and non-traditional ...
2 Citations Source Cite
Published on Oct 7, 2014in European Business Review
Maria Alejandra Gonzalez-Perez5
Estimated H-index: 5
(EAFIT University),
Juan Velez-Ocampo1
Estimated H-index: 1
(EAFIT University)
Purpose – This paper aims to provide an examination of the ongoing internationalisation processes undertaken by 30 major multinational Colombian-owned firms. It also presents a theoretical overview and a conceptual framework for the understanding of internationalisation patterns from emerging countries’ multinational enterprises. Design/methodology/approach – This study is built based both on the results collected from comparative case studies based in the literature and empirical observations o...
12 Citations Source Cite
Published on Jun 1, 2016in Journal of Business Research 2.51
Claudio Ramos Conti1
Estimated H-index: 1
(Fundação Getúlio Vargas),
Ronaldo Parente14
Estimated H-index: 14
(Florida International University),
Flávio Carvalho de Vasconcelos13
Estimated H-index: 13
(Fundação Getúlio Vargas)
Distance is an important concept for the study of international location decisions, but conflicting empirical results call for the investigation of when distance matters. Based on institutional distance, this conceptual paper proposes that the general preference for less distant countries is lower when: the company is state owned; internationalization motives are asset, resource, or efficiency seeking rather than market seeking; and internationalization occurs after globalization and the advent ...
6 Citations Source Cite
Florian Christopher Fleming1
Estimated H-index: 1
,
Jose Ednilson de Oliveira Cabral1
Estimated H-index: 1
Our general objective is to present an extension of the established theories of the multinationality-performance relationship. In methodological terms, it is an in-depth study based on an extensive review of the literature. The proposed conceptual model includes the contextual factors, like Firm, Industry and Home-Country Factors. Through the contextual factors, the model gives a broader insight and a detailed explanation of the influencing factors of the multinationality-performance relationshi...
3 Citations Source Cite
Published on Jul 1, 2016in Estudios Gerenciales
José Satsumi López Morales1
Estimated H-index: 1
,
Isabel Ortega Ridaura1
Estimated H-index: 1
Este trabajo busca identificar la presencia de la expansion internacional (EI) en los planteamientos estrategicos de las principales compa˜nias latinas del ranking «Las 500 mayores empresas de America Latina». Para realizar lo anterior se utilizo una tecnica cualitativa de analisis de contenido de la mision y vision de sus paginas web. En el estudio se identificaron 232 empresas latinas (200 privadas y 32 estatales) que hacian explicitos dichos planteamientos, a partir de lo cual se encontro que...
2 Citations Source Cite
Published on Jun 1, 2017in Journal of World Business 3.99
Armando Juan Borda3
Estimated H-index: 3
,
William Newburry19
Estimated H-index: 19
(Florida International University)
+ 5 AuthorsZulma Quispe1
Estimated H-index: 1
Abstract We explore how a country’s economic openness impacts firm-level signal interpretation when stakeholders assess firm reputation, arguing that host country norms influence the reference frames of assessors. In more open economies, regional MNCs’ international activities are more valued as signals of firm quality–indicating effective cross-border deployment of ownership advantages. Latin America’s unique development trajectory has resulted in groupings of both more open and more restrictiv...
7 Citations Source Cite