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Unlocking the Potential of EMNEs for Attaining the SDGs in Developing Economies

Year: 2025

Type: article

Abstract: Emerging market multinational enterprises (EMNEs) are vital in achieving the United Nations’ Sustainable Development Goals (SDGs) in developing economies that often lack alternative investment avenues. By leveraging an abundant workforce that is largely unskilled and low-skilled, EMNEs not only provide substantial employment opportunities but also contribute to the eradication of poverty (SDG 1). EMNEs’ ambitions to expand into adjacent markets offer SMEs valuable opportunities to integrate into regional and global value chains. This in turn spurs economic growth (SDG 8) and reduces inequalities (SDG 10). The access of EMNEs to leapfrogging and relatable technologies mitigates infrastructural bottlenecks and cultivates innovation (SDG 9) in these economies. For EMNEs to successfully deliver on these goals, key stakeholders, especially NGOs and governments, must take an active role in persuading, enabling, and incentivizing these enterprises.

Source: AIB Insights

DOI: 10.46697/001c.132338

Author: Addis Gedefaw Birhanu

Institution: École de management de Lyon

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Partnerships for the goals, Industry, innovation and infrastructure, Reduced inequalities, No poverty

Open Access status: diamond

OpenAlex ID: W4408659090

FWCI:

Cites: 13

Cited by:

Related to: 10