Abstract

http://ssrn.com/abstract=960240
 
 

References (45)



 
 

Citations (4)



 


 



Accelerated Internationalisation by Emerging Multinationals: The Case of the White Goods Sector


Federico Bonaglia


Organization for Economic Co-Operation and Development (OECD) - Development Centre (DEV)

Andrea Goldstein


Organization for Economic Co-Operation and Development (OECD)

John A. Mathews


Macquarie Graduate School of Management

January 16, 2007


Abstract:     
The emergence of a "second wave" of developing-country multinational enterprises (MNEs) in a variety of industries is one of the characterizing features of globalization. This paper documents how emerging markets' MNEs (EM-MNEs) may follow quite different patterns to reach, or at least approach, global competitiveness. In particular, it investigates how three EM-MNEs pursued global growth through accelerated internationalization combined with strategic and organizational innovation. Haier (China), Mabe (Mexico) and Arçelik (Turkey) emerged as multinationals in the large home appliances (so-called "white goods") industry. The recipe for the success of these firms seems to lie in their ability to treat global competition as an opportunity to build capabilities, move into more profitable industry segments, and adopt strategies that turn latecomer status into a source of competitive advantage. At the same time, their experiences show that there are many strategies and trajectories for going global, consistent with a pluralistic conceptualization of globalization.

Number of Pages in PDF File: 29

Keywords: Internationalisation, latecomer, MNEs, white goods, Haier, Arcelik, Mabe

JEL Classification: F23, M2

working papers series


Download This Paper

Date posted: January 30, 2007  

Suggested Citation

Bonaglia, Federico and Goldstein, Andrea and Mathews, John A., Accelerated Internationalisation by Emerging Multinationals: The Case of the White Goods Sector (January 16, 2007). Available at SSRN: http://ssrn.com/abstract=960240 or http://dx.doi.org/10.2139/ssrn.960240

Contact Information

Federico Bonaglia (Contact Author)
Organization for Economic Co-Operation and Development (OECD) - Development Centre (DEV) ( email )
2 rue Andrea Pascal
75016 Paris
France
+33 1 4524 9603 (Phone)
+33 1 4524 7943 (Fax)
HOME PAGE: http://www.oecd.org/dev
Andrea Goldstein
Organization for Economic Co-Operation and Development (OECD) ( email )
2 rue Andre Pascal
Paris Cedex 16, 75775
France
John A. Mathews
Macquarie Graduate School of Management ( email )
New South Wales - 2109
Australia
612 9850 6082 (Phone)
Feedback to SSRN


Paper statistics
Abstract Views: 3,895
Downloads: 763
Download Rank: 16,065
References:  45
Citations:  4

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo3 in 0.797 seconds