Abstract

http://ssrn.com/abstract=2298699
 
 

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The Evolution of EMNCS and EMNC Thinking: A Capabilities Perspective


Donald R. Lessard


Massachusetts Institute of Technology (MIT) - Sloan School of Management

June 20, 2013

Forthcoming in Cuervo-Cazurra, A. and Ramamurti, R. 2014. Understanding Multinationals from Emerging Markets. Cambridge: Cambridge University Press.

Abstract:     
This chapter explores the parallel evolution of international business forms, the context for international business, and that ways that IB scholars frame these two. It employs a capabilities-based perspective, the RAT-CAT framework, to argue that Emerging Market Multinational Companies do have so-called “O-advantages”, built both on experience at home and learning abroad, and applies this framework both to traditional multinationals based on horizontal FDI and to Global Value Chain Enterprises based on vertical FDI.

Number of Pages in PDF File: 20

Keywords: multinational companies, emerging market multinational companies, capabilities, ownership advantages, global value chains, global strategy

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Date posted: August 1, 2013 ; Last revised: February 8, 2014

Suggested Citation

Lessard, Donald R., The Evolution of EMNCS and EMNC Thinking: A Capabilities Perspective (June 20, 2013). Forthcoming in Cuervo-Cazurra, A. and Ramamurti, R. 2014. Understanding Multinationals from Emerging Markets. Cambridge: Cambridge University Press. . Available at SSRN: http://ssrn.com/abstract=2298699 or http://dx.doi.org/10.2139/ssrn.2298699

Contact Information

Donald R. Lessard (Contact Author)
Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )
100 Main Street
E62-460
Cambridge, MA 02142
United States
617-253-6688 (Phone)
617-258-6617 (Fax)
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