Multinational Business Review最新文献

{"title":"How outward investment from emerging markets affects economic development at home: using the eclectic paradigm to synthesize two IB literatures","authors":"G. Hendriks","doi":"10.1108/mbr-10-2019-0133","DOIUrl":"https://doi.org/10.1108/mbr-10-2019-0133","url":null,"abstract":"\u0000Purpose\u0000This paper aims to use the eclectic paradigm as a broad organizing framework to bring together two somewhat parallel international business (IB) literatures, one on the development effects of multinational enterprise activity and the other on the internationalization of emerging market multinationals (EMNEs). The author does so to better understand how outward foreign investment shapes economic development in firms’ home countries.\u0000\u0000\u0000Design/methodology/approach\u0000Considering that the characteristics of foreign investment by EMNEs likely differ from that of their developed economy counterparts and that such characteristics may have unique development consequences, the author revisits one of IB’s overarching theories to rethink how ownership, location and internalization advantages take shape and stimulate diverse development outcomes.\u0000\u0000\u0000Findings\u0000My narrative review and conceptual analysis indicate that the eclectic paradigm is a valuable framework that can be used to shed light on underexplored phenomena and thereby inform important policy debates. The analysis suggests that unique characteristics of EMNE investment simultaneously have positive and negative development consequences in their home countries.\u0000\u0000\u0000Practical implications\u0000The author sets out a research agenda that revolves around six propositions that separately relate one of these three distinct characteristics of EMNE investment to two development outcomes, namely, spillovers and direct effects on home-country employment. My propositions suggest that important policy dilemmas potentially apply, in that each of the three characteristics positively affects one of the aspects of development, but negatively the other.\u0000\u0000\u0000Originality/value\u0000My research agenda presents international business scholars with new opportunities to build on a history of policymaking impact, now geared toward resolving society’s grand challenge of underdevelopment.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2020-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mbr-10-2019-0133","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47910149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Internationalisation theory and Born Globals","authors":"Nigel Wadeson","doi":"10.1108/mbr-10-2019-0123","DOIUrl":"https://doi.org/10.1108/mbr-10-2019-0123","url":null,"abstract":"\u0000Purpose\u0000It has been claimed that Born Globals are incompatible with the Uppsala model, which is based on the firm having a maximum tolerable risk level. This assumption was used to explain observed incremental commitments, with further commitments being made as experiential learning reduces the level of risk faced. This study aims to show that adding a consideration of the role of expected value, including the effects of resource constraints, can reconcile the Born Global and internationalisation process literatures.\u0000\u0000\u0000Design/methodology/approach\u0000The theoretical arguments are supported by mathematical modelling of a firm pursuing expected value based on subjective beliefs.\u0000\u0000\u0000Findings\u0000While the effects of risk and expected value coincide when firms limit their downside risks by taking an incremental approach to commitments, other factors impacting on expected value can shift the balance of incentives towards earlier and more rapid internationalisation. For instance, some firms are specialised and have high costs of R&D, and so need to achieve early and rapid growth but face small home markets. While resource constraints can lead a firm to expand for some time in its home market before internationalising, the effect can be reversed in the case of the finance constraint for some firms.\u0000\u0000\u0000Originality/value\u0000The study shows how Born Global and internationalisation process literatures can be reconciled through a consideration of the effects of expected value on internationalisation decisions. It also provides a novel theoretical analysis of Born Globals.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2020-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mbr-10-2019-0123","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49003954","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"International assignments, human capital resources and MNC subsidiary performance in CEE countries","authors":"M. Zaharie, József Poór, P. Rațiu, Codruța Osoian","doi":"10.1108/mbr-08-2019-0094","DOIUrl":"https://doi.org/10.1108/mbr-08-2019-0094","url":null,"abstract":"\u0000Purpose\u0000Multinational companies (MNCs) expect the highest return from their locally dispersed units, and thus the factors that impact the success of the subsidiaries have been of great interest to the literature. Building on the resource-based view, this paper aims to explore the effects of a set of contextual resources, in particular, the international staffing (expatriate and inpatriate assignments) and human capital resources on the performance of foreign-owned subsidiaries in Central and Eastern European (CEE) countries.\u0000\u0000\u0000Design/methodology/approach\u0000By means of a survey applied on 295 MNC subsidiaries from five CEE countries (Hungary, Romania, Poland, Serbia and the Czech Republic), the paper reveals the main relationships between contextual subsidiary level resources (the in-coming and out-going international assignments, human capital resources at both employee and management level and the human resource knowledge transfer) and the subsidiary performance.\u0000\u0000\u0000Findings\u0000This paper brings empirical support for the positive relationship between the MNCs’ contextual resources, in particular, the inpatriate assignments, the human capital resources and the performance of the locally dispersed subsidiaries. The findings show an interaction effect between the inpatriate and the expatriate assignments on the performance of the subsidiaries. The empirical results bring an insight into the understanding of the added value that the out-going inpatriate assignments and the human capital resources have for the global businesses.\u0000\u0000\u0000Research limitations/implications\u0000This paper is empirical in nature and calls for further exploration of the topic on larger random MNC samples. The findings of this paper have the potential to improve how the management of the global businesses leverages the inpatriate assignments and human capital resources, thus leading to more value-added to stakeholders.\u0000\u0000\u0000Originality/value\u0000The originality of the paper stems from the implementation of the empirical survey in the dynamic but under-researched context of the CEE region. Thus, the findings reveal valuable input about the contribution of the human capital resources at the subsidiary level for the performance of the locally dispersed MNC units in five European developing countries.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mbr-08-2019-0094","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42250765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Intellectual structure of international new venture research","authors":"Félix Rodríguez-Ruiz, Paloma Almodóvar, Quyen T.K. Nguyen","doi":"10.1108/MBR-01-2018-0003","DOIUrl":"https://doi.org/10.1108/MBR-01-2018-0003","url":null,"abstract":"\u0000Purpose\u0000This paper aims to identify the most influential papers/authors, publication outlets and theoretical and empirical research topics of the international new venture (INV) literature.\u0000\u0000\u0000Design/methodology/approach\u0000The authors examine the intellectual structure of the INV literature using bibliometric citation and co-citation analysis. The authors focus on the 100 most cited papers in this research stream published between 1994 and 2015. In the post-hoc reading, they supplement their main bibliometric techniques with the content analysis method to shed light on some issues.\u0000\u0000\u0000Findings\u0000The authors find that the literature has grown significantly over the past two decades, increasing its relevancy in the academic discourse. The findings show the interdisciplinary nature of the INV literature, where we can find different research topics: Definition of INVs, measurements of “newness” and “degree of internationalization” and the characteristics of international entrepreneurs; time dimension in terms of speed of internationalization; international versus domestic new ventures; and the relationships between firm-specific advantages, international strategy and INV performance.\u0000\u0000\u0000Originality/value\u0000The authors identify the most influential studies and authors in the INV discipline and show its evolution from the very start to the present. They present the key topics in the literature and highlight the theoretical debates and the inconsistencies between theoretical conceptualization and measurements in the empirical work. The authors offer suggestions for promising future research directions and identify the major conceptual framework on which future research can be constructed. Overall, this study contributes to enhance the understanding of the INV phenomenon and provides useful new insights.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/MBR-01-2018-0003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45367576","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Impacts of dynamic managerial capability and international opportunity identification on firm performance","authors":"Imtiaz Mostafiz, M. Sambasivan, S. Goh","doi":"10.1108/MBR-09-2018-0061","DOIUrl":"https://doi.org/10.1108/MBR-09-2018-0061","url":null,"abstract":"\u0000Purpose\u0000This paper aims to investigate the antecedents and outcomes of international opportunity identification (IOI) in export-manufacturing firms. The fundamental question addressed in this research is: How does dynamic managerial capability (DMC) of entrepreneurs contribute to IOI and success of the firms?\u0000\u0000\u0000Design/methodology/approach\u0000The research model was tested through structural equation modeling among the readymade garment manufacturing firms in the least developed country, Bangladesh. A survey was conducted with a random sampling approach and responses were collected from 390 firms.\u0000\u0000\u0000Findings\u0000The salient findings are: DMC has direct and indirect impacts through IOI on financial and non-financial performance; IOI mediates the relationship between managerial social capital and non-financial performance and between managerial cognition and non-financial performance; IOI has a negative relationship with the financial performance of the firms; and scope of accelerated internationalization positively moderates the relationship between IOI and financial performance of firms.\u0000\u0000\u0000Originality/value\u0000This paper notably shows that DMC of export-manufacturing entrepreneurs leads to the identification of the right kind of opportunities, which, in turn, generate better performance. It is advantageous for this type of firm to operate a business in multiple countries.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/MBR-09-2018-0061","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44764705","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"EMNC technological knowledge flow patterns: an overview of the US patents granted","authors":"Feng Zhang","doi":"10.1108/mbr-03-2019-0021","DOIUrl":"https://doi.org/10.1108/mbr-03-2019-0021","url":null,"abstract":"\u0000Purpose\u0000With considerable attention paid to the motives and process of idiosyncratic internationalization trajectory of multinationals from emerging economies (EMNCs), little is known on whether, and if so how, new competitive advantages of EMNCs are created and accumulated over time. MNC and EMNC literature agrees on the importance of external and internal knowledge linkages in technological competence creation. By building upon this framework, this paper aims to evaluate EMNCs’ external and internal knowledge flow patterns by benchmarking their counterparts from mature industrialized countries (MMNCs).\u0000\u0000\u0000Design/methodology/approach\u0000This study analyzes US patents granted between 2000 and 2014 to leading innovation-oriented EMNCs from China and India, and their matched MMNCs. Being the first to use the US patent and citation data in studying leading innovation-oriented EMNCs, the authors use a descriptive statistical method.\u0000\u0000\u0000Findings\u0000The findings offer empirical insights of the scale, scope and quality of EMNC technological competence creation. Moreover, in contrast to existing EMNC literature, it is found that EMNC parents have been the most important center of EMNC technological knowledge generation. The matched group comparisons of external and internal knowledge flows further reveal detailed similarities and differences of competence creation between EMNCs and MMNCs, and among EMNCs.\u0000\u0000\u0000Originality/value\u0000This study represents one of the first attempts to investigate the post-internationalization technological competence creation of EMNCs by using a novel data source. This study sets the foundation to deepen the understanding of EMNC technological competence creation. The findings suggest interesting propositions and offer important implications for future researches.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mbr-03-2019-0021","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42950273","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"International expansion for knowledge acquisition or knowledge acquisition for international expansion?","authors":"C. S. Kogut, R. Mello, A. Rocha","doi":"10.1108/mbr-11-2018-0084","DOIUrl":"https://doi.org/10.1108/mbr-11-2018-0084","url":null,"abstract":"\u0000Purpose\u0000Starting from the knowledge-based view as a theoretical perspective, this study aims to examine how an emerging market multinational enterprise (EMMNE) engages in reverse knowledge transfer (RKT) processes and how such processes are managed by headquarters. Therefore, this paper captures the perspective of top management concerning RKT and the processes used to create, transfer and integrate knowledge.\u0000\u0000\u0000Design/methodology/approach\u0000The study uses a longitudinal design based on the case method of investigation. The case selected for the study was a Brazilian company theoretically sampled for being a domestically, regionally and globally important, information-rich company that operates in an industry in which technology plays a crucial role. The company was also selected for having had asset-seeking motives in at least some of its foreign market entries and for having successfully absorbed foreign-acquired capabilities.\u0000\u0000\u0000Findings\u0000The study provides counterfactual evidence to the springboard perspective, considering timing and speed of the internationalization and catch-up processes and the size of acquisitions. The study also highlights differences to other emerging market multinational enterprises, concerning the internationalization trajectory and catch-up moves, and to traditional MNEs, regarding RKT challenges and practices.\u0000\u0000\u0000Research limitations/implications\u0000The main limitations of the study relate to the case study method, which does not allow for statistical generalization, although it does support analytical generalization.\u0000\u0000\u0000Originality/value\u0000The study contributes to the literature by shedding light on the process by which a Latin American multinational firm developed technological capabilities to compete globally, focusing on the symbiotic, self-nurturing relationship between internationalization processes and technology acquisition and integration processes. Moreover, the work provides novel theoretical insights regarding timing, location, size and execution of the RKT activities. Finally, the paper contributes to the understanding of the relational aspects of the RKT process by focusing on building human relationships as the major force behind knowledge integration and examining the resistance of the acquired companies from developed markets to adopt the parent company’s best practices, or to contribute to its integrated knowledge, when the parent company is an EMMNE.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/mbr-11-2018-0084","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43490258","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Why multinational enterprises may be causing more inequality than we think","authors":"E. Giuliani","doi":"10.1108/MBR-10-2018-0068","DOIUrl":"https://doi.org/10.1108/MBR-10-2018-0068","url":null,"abstract":"Purpose\u0000This paper aims to discuss the ways in which multinational enterprises (MNEs) may contribute to growing inequality.\u0000\u0000\u0000Design/methodology/approach\u0000By showing some macroscopic evidence of business-related human rights infringements, this paper claims that the negative impacts of MNEs has been largely overlooked.\u0000\u0000\u0000Findings\u0000The extent to which MNEs contribute to income-based inequality through the abnormal accumulation of wealth by chief executive officers (CEOs), top managers and shareholders is known, and almost nothing is known about whether this is connected to MNEs’ track record of human rights infringements.\u0000\u0000\u0000Originality/value\u0000This paper suggest that there might be a connection between MNEs’ human rights infringements and the abnormal accumulation of wealth by companies’ CEOs, top managers and shareholders. It calls for more international business research investigating this link.","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/MBR-10-2018-0068","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48706276","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Multinational enterprises, local firms, and employee human rights violation in the workplace","authors":"Ana Colovic, Octavio Escobar, Olivier Lamotte, P. Meschi","doi":"10.1108/MBR-06-2017-0037","DOIUrl":"https://doi.org/10.1108/MBR-06-2017-0037","url":null,"abstract":"\u0000Purpose\u0000This paper aims to investigate whether multinational enterprises (MNEs) are more or less likely than local firms to violate their employees’ human rights in emerging economies, whether regional institutional pressures influence the likelihood of violating employee human rights and whether the density of MNEs in a region affects the likelihood of employees’ human rights violation by local firms.\u0000\u0000\u0000Design/methodology/approach\u0000Building on neo-institutional theory, this paper hypothesizes that, in an emerging economy, MNEs violate their employees’ human rights significantly less than local firms do. Moreover, it is hypothesized that the quality of regional institutions only influences the social behavior of local firms toward their employees. In addition, it is hypothesized that the density of MNEs in a region has a positive effect on local firms’ attitudes toward employee human rights. These hypotheses are examined using a sample of 1,211,638 respondent–year observations in 32 Mexican regions between 2005 and 2014.\u0000\u0000\u0000Findings\u0000This paper shows that MNEs are less likely to violate their employees’ human rights than local firms are. It also provides evidence that regional institutions do not influence MNE behavior toward employee human rights violation, but affect local firms. Furthermore, contrary to what was hypothesized, the density of MNEs in a region has a negative rather than positive influence on local firms’ respect of employee human rights.\u0000\u0000\u0000Originality/value\u0000This paper advances understanding of the behavior of MNEs in an emerging economy setting and contributes to the ongoing debate in the literature on their social impact.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/MBR-06-2017-0037","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42803138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Environmental impact of FDI – the case of US subsidiaries","authors":"J. P. Bento, A. Moreira","doi":"10.1108/MBR-06-2017-0038","DOIUrl":"https://doi.org/10.1108/MBR-06-2017-0038","url":null,"abstract":"\u0000Purpose\u0000This paper aims to examine how foreign direct investment (FDI) and firm-specific advantages (FSAs) of US multinational enterprises (MNEs) majority-owned subsidiaries affect environmental pollution in host countries. The research results contribute to helping managers and policymakers understand the environmental impact of MNEs activities, and encourage these firms to develop environmentally responsible management (ERM) as an element of their corporate social responsibility practice.\u0000\u0000\u0000Design/methodology/approach\u0000Panel data consisting of developing and developed countries spanning the years 2004 through 2014 are used. The dynamic panel generalised method of moments technique is implemented. This method avoids common estimation bias, such as endogeneity, heteroscedasticity and autocorrelation.\u0000\u0000\u0000Findings\u0000This paper finds that the direct environmental impacts of FDI vary significantly between the two groups of countries. The environmental benefits of FDI to the recipient country are achieved through capital and technology transfer. The study also reveals that R&D intensity moderates the relationship between FDI and environmental pollution in both developing and developed countries in such a way that environmental pollution decreases.\u0000\u0000\u0000Research limitations/implications\u0000Future research could explore the environmental impact of MNEs on host countries by considering both equity and non-equity entry modes. The findings offer some support to host government policies offering generous incentive packages to attract R&D investment to improve environmental pollution. This research raises questions as to the reasons corporations operating in developing and developed countries should pursue their ERM practices.\u0000\u0000\u0000Originality/value\u0000This research examines both the direct effect of FDI and the moderating effects of FSAs on the relationship between FDI and the environment. Although previous studies have already looked at the relationship between FDI and the environment, the moderating effect of FSAs is very under-developed in this relationship.\u0000","PeriodicalId":46630,"journal":{"name":"Multinational Business Review","volume":" ","pages":""},"PeriodicalIF":2.7,"publicationDate":"2019-09-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1108/MBR-06-2017-0038","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44358697","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}