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Emerging multinationals from mid-range economies: the influence of institutions and factor markets

Robert Hoskisson, Mike Wright (UGent) , Igor Filatotchev and Mike Peng
(2013) JOURNAL OF MANAGEMENT STUDIES. 50(7). p.1295-1321
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Abstract
This paper revisits and extends our earlier work (in 2005) in the pages of this journal. We argue that there is a need for more fine-grained understanding of the country context along two dimensions: (1) institutional development and (2) infrastructure and factor market development. Specifically, we propose an enriched typology of emerging economies with a focus on mid-range emerging economies, which are positioned between traditional emerging economies and newly developed economies. Then we examine new multinationals from these mid-range emerging economies that have internationalized both regionally and globally. We outline directions for further research based on this typology in terms of (1) government influence, (2) resource orchestration, (3) market entry, and (4) corporate governance regarding the internationalization strategy of these emerging multinationals from mid-range economies.
Keywords
CORPORATE DIVERSIFICATION STRATEGIES, FOREIGN DIRECT-INVESTMENT, M-AND-AS, FIRM PERFORMANCE, BUSINESS GROUPS, INTERNATIONAL EXPANSION, KNOWLEDGE SPILLOVERS, ENTRY STRATEGIES, GOVERNANCE, CHINA, emerging economies, factor markets, institutions, mid-range emerging economies

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MLA
Hoskisson, Robert, et al. “Emerging Multinationals from Mid-Range Economies: The Influence of Institutions and Factor Markets.” JOURNAL OF MANAGEMENT STUDIES, vol. 50, no. 7, 2013, pp. 1295–321, doi:10.1111/j.1467-6486.2012.01085.x.
APA
Hoskisson, R., Wright, M., Filatotchev, I., & Peng, M. (2013). Emerging multinationals from mid-range economies: the influence of institutions and factor markets. JOURNAL OF MANAGEMENT STUDIES, 50(7), 1295–1321. https://doi.org/10.1111/j.1467-6486.2012.01085.x
Chicago author-date
Hoskisson, Robert, Mike Wright, Igor Filatotchev, and Mike Peng. 2013. “Emerging Multinationals from Mid-Range Economies: The Influence of Institutions and Factor Markets.” JOURNAL OF MANAGEMENT STUDIES 50 (7): 1295–1321. https://doi.org/10.1111/j.1467-6486.2012.01085.x.
Chicago author-date (all authors)
Hoskisson, Robert, Mike Wright, Igor Filatotchev, and Mike Peng. 2013. “Emerging Multinationals from Mid-Range Economies: The Influence of Institutions and Factor Markets.” JOURNAL OF MANAGEMENT STUDIES 50 (7): 1295–1321. doi:10.1111/j.1467-6486.2012.01085.x.
Vancouver
1.
Hoskisson R, Wright M, Filatotchev I, Peng M. Emerging multinationals from mid-range economies: the influence of institutions and factor markets. JOURNAL OF MANAGEMENT STUDIES. 2013;50(7):1295–321.
IEEE
[1]
R. Hoskisson, M. Wright, I. Filatotchev, and M. Peng, “Emerging multinationals from mid-range economies: the influence of institutions and factor markets,” JOURNAL OF MANAGEMENT STUDIES, vol. 50, no. 7, pp. 1295–1321, 2013.
@article{4227711,
  abstract     = {{This paper revisits and extends our earlier work (in 2005) in the pages of this journal. We argue that there is a need for more fine-grained understanding of the country context along two dimensions: (1) institutional development and (2) infrastructure and factor market development. Specifically, we propose an enriched typology of emerging economies with a focus on mid-range emerging economies, which are positioned between traditional emerging economies and newly developed economies. Then we examine new multinationals from these mid-range emerging economies that have internationalized both regionally and globally. We outline directions for further research based on this typology in terms of (1) government influence, (2) resource orchestration, (3) market entry, and (4) corporate governance regarding the internationalization strategy of these emerging multinationals from mid-range economies.}},
  author       = {{Hoskisson, Robert and Wright, Mike and Filatotchev, Igor and Peng, Mike}},
  issn         = {{0022-2380}},
  journal      = {{JOURNAL OF MANAGEMENT STUDIES}},
  keywords     = {{CORPORATE DIVERSIFICATION STRATEGIES,FOREIGN DIRECT-INVESTMENT,M-AND-AS,FIRM PERFORMANCE,BUSINESS GROUPS,INTERNATIONAL EXPANSION,KNOWLEDGE SPILLOVERS,ENTRY STRATEGIES,GOVERNANCE,CHINA,emerging economies,factor markets,institutions,mid-range emerging economies}},
  language     = {{eng}},
  number       = {{7}},
  pages        = {{1295--1321}},
  title        = {{Emerging multinationals from mid-range economies: the influence of institutions and factor markets}},
  url          = {{http://doi.org/10.1111/j.1467-6486.2012.01085.x}},
  volume       = {{50}},
  year         = {{2013}},
}
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