Guest Editors’ Introduction
Year: 2015
Type: editorial
Abstract: :The rapid internationalization of firms from emerging economies and the consequent phenomenal rise of the “new multinationals” have led to the emergence of a new research frontier in the international business domain (Child and Rodriguez 2005 Child, J., and S. B. Rodriguez. 2005. “The Internationalization of Chinese Firms: A Case for Theoretical Extension?” Management and Organization Review 1(3):381–410. doi:10.1111/j.1740-8784.2005.0020a.x[Crossref] , [Google Scholar]; Luo and Tung 2007 Luo, Y., and R. L. Tung. 2007. “International Expansion of Emerging Market Enterprises: A Springboard Perspective.” Journal of International Business Studies 38(4):481–98. doi:10.1057/palgrave.jibs.8400275[Crossref], [Web of Science ®] , [Google Scholar]; Guillen and Garcia-Canal 2009 Guillen, M. F., and E. Garcia-Canal. 2009. “The American Model of the Multinational Firm and the ‘New’ Multinationals from Emerging Economies.” Academy of Management Perspectives 23(2):23–35. doi:10.5465/amp.2009.39985538[Crossref], [Web of Science ®] , [Google Scholar]; Chang and Rhee 2011 Chang, S.-J., and J. H. Rhee. 2011. “Rapid FDI Expansion and Firm Performance.” Journal of International Business Studies 42(9):979–94. doi:10.1057/jibs.2011.30[Crossref], [Web of Science ®] , [Google Scholar]; Ramamurti 2012 Ramamurti, R. 2012. “What is Really Different about Emerging Market Multinationals?” Global Strategy Journal 2(1):41–47. doi:10.1002/gsj.1025[Crossref], [Web of Science ®] , [Google Scholar]). While researchers have debated the need for new theories to explain this phenomenon (Mathews 2006 Mathews, J. A. 2006. “Dragon Multinationals: New Players in 21st Century of Globalization.” Asia Pacific Journal of Management 23(1):5–27. doi:10.1007/s10490-006-6113-0[Crossref] , [Google Scholar]; Narula 2012 Narula, R. 2012. “Do We Need Different Frameworks to Explain Infant MNEs from Developing Countries?” Global Strategy Journal 2(3):188–204. doi:10.1111/j.2042-5805.2012.01035.x[Crossref], [Web of Science ®] , [Google Scholar]), there is an increasing realization that traditional internationalization theories are constrained in fully deciphering the uniqueness of the internationalization process of firms from emerging economies (Gaur and Kumar 2010 Gaur, A. S., and V. Kumar. 2010. “Internationalization of Emerging Market Firms: A Case for Theoretical Extension.” In Advances in International Management—The Past, Present and Future of International Business and Management, edited by T. M. Devinney T. Pedersen and L. Tihanyi vol. 23, 603–627. New York: Emerald.[Crossref] , [Google Scholar]; Cuervo-Cazurra 2012 Cuervo-Cazurra, A. 2012. “Extending Theory by Analyzing Developing Country Multinational Companies: Solving the Goldilocks Debate.” Global Strategy Journal 2(3):153–67. doi:10.1111/j.2042-5805.2012.01039.x[Crossref], [Web of Science ®] , [Google Scholar]).
Authors: M. K. Nandakumar, Saptarshi Purkayastha, Vikas Kumar
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4250888035