Multilatinas as Sources of New Research Insights: The Learning and Escape Drivers of International Expansion

18 Pages Posted: 20 Mar 2017

See all articles by Alvaro Cuervo-Cazurra

Alvaro Cuervo-Cazurra

Northeastern University - Department of International Business and Strategy

Date Written: September 21, 2015

Abstract

This study reviews the literature on Multilatinas, Latin American multinationals, and provide suggestions for using these firms as a laboratory for extending existing theories and models of the multinational. Analyses of their behavior tend to discuss their upgrading of capabilities and their patterns of internationalization. An additional opportunity exists to contribute to the literature by analyzing how some of the unique characteristics of Latin American countries affect the internationalization of firms. The review explains how four characteristics of the home countries (political uncertainty, violence, pro-market reforms and reversals, and geographic isolation) can result in the foreign expansion of firms, either because managerial learning of the home country conditions facilitates internationalization (the learning driver), or because the home country conditions induce internationalization to escape those conditions (the escape driver).

Keywords: Escape, internationalization, Latin America, learning, multilatinas, multinational companies

JEL Classification: F23

Suggested Citation

Cuervo-Cazurra, Alvaro, Multilatinas as Sources of New Research Insights: The Learning and Escape Drivers of International Expansion (September 21, 2015). Available at SSRN: https://ssrn.com/abstract=2934754 or http://dx.doi.org/10.2139/ssrn.2934754

Alvaro Cuervo-Cazurra (Contact Author)

Northeastern University - Department of International Business and Strategy ( email )

D'Amore-McKim School of Business
313 Hayden Hall, 360 Huntington Avenue
Boston, MA 02115
United States
16173736568 (Phone)
16173738628 (Fax)

HOME PAGE: http://cuervo-cazurra.com

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