Emerging market multinationals and the theory of the multinational enterprise
Why is this work in the frame?
A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.
No Canadian affiliation. An affiliation-only frame — the usual design — would never have seen this work. It is one of the works that make the case for inverting the frame.
Machine scores (provisional)
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
- Teacher spread
- 0.231 · how far apart the two teachers sit on this one work
- Validation status
score_only:v0-immature-baseline· verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it
Abstract
Does Dunning's OLI model really explain the pattern of foreign direct investments by emerging market multinationals (EMMs)? I argue that it suffers from the basic flaw of assuming that location advantages (CSAs) are properties of a country and freely available to all firms operating there. But some CSAs have owners, usually local firms, who can sometimes derive significant gains from the monopoly control of these resources. They can use this monopoly power to finance intangible‐seeking investments in developed countries to obtain the firm‐specific advantages (FSAs) they lack and, hence. compete with FSA‐rich MNEs in their own market, and then internationally.
Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.
The record
- Venue
- Global Strategy Journal
- Topic
- International Business and FDI
- Field
- Business, Management and Accounting
- Canadian institutions
- —
- Funders
- Singapore Management UniversityQueen's UniversityYonsei UniversityUniversity of Queensland
- Keywords
- Multinational corporationMonopolyIndustrial organizationBusinessEmerging marketsForeign direct investmentMarket powerControl (management)EconomicsMarket economyFinanceManagement
- Has abstract in OpenAlex
- yes