Abstract

http://ssrn.com/abstract=2146498
 


 



Resources and Internationalization Strategies:The Case of Latin American Multinationals


Mauricio Losada Otalora


Universidad de los Andes, Colombia

Lourdes Casanova


Cornell University - Johnson Graduate School of Management; INSEAD

September 14, 2012

INSEAD Working Paper No. 2012/82/ST

Abstract:     
In light of the recent interest in the internationalization of multinationals from emerging countries (EMNCs), we propose an analytical framework that challenges the somewhat condescending way in which these global players have been portrayed. Case studies of Latin American multinationals provide empirical evidence of the way certain resource attributes – availability, transferability and substitutability – are related to the decision to exploit, develop or defend their resources in foreign markets. We find that the internationalization strategies deployed by EMNCs are similar to those of traditional multinationals in many respects. To characterize them as resource 'laggards' is an oversimplification and hinders the development of comprehensive theories of the internationalization of EMNCs.

Number of Pages in PDF File: 18

Keywords: Resource Exploitation, Resource Development, Resource Defense, Resource Transferability, Resource Substitutability, Resource Scarcity, Internationalization, Emerging Multinationals, Latin America


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Date posted: September 16, 2012  

Suggested Citation

Losada Otalora, Mauricio and Casanova, Lourdes, Resources and Internationalization Strategies:The Case of Latin American Multinationals (September 14, 2012). INSEAD Working Paper No. 2012/82/ST. Available at SSRN: http://ssrn.com/abstract=2146498 or http://dx.doi.org/10.2139/ssrn.2146498

Contact Information

Mauricio Losada Otalora
Universidad de los Andes, Colombia ( email )
Carrera Primera # 18A-12
Bogota, D.C. 110311
Colombia
Lourdes Casanova (Contact Author)
Cornell University - Johnson Graduate School of Management ( email )
370 Sage Hall
Johnson, Cornell University
Ithaca, NY 14853
United States
+16072295251 (Phone)
HOME PAGE: http://www.johnson.cornell.edu/Faculty-And-Research/Profile.aspx?id=lc683

INSEAD ( email )
Boulevard de Constance
77305 Fontainebleau
France
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