A resource dependence perspective of EMNE FDI strategy
| Autor: | Ben L. Kedia, Jack Clampit, Nolan Gaffney |
|---|---|
| Rok vydání: | 2013 |
| Předmět: |
Marketing
Resource dependence theory Exploit media_common.quotation_subject Perspective (graphical) Foreign direct investment Internationalization Market economy Resource (project management) Conceptual model Economics Business and International Management Emerging markets Finance Industrial organization media_common |
| Zdroj: | International Business Review. 22:1092-1100 |
| ISSN: | 0969-5931 |
| Popis: | Using Resource Dependence Theory as a lens, we explore current explanations of how and why Emerging Market Multinationals (EMNEs) seek to compete internationally through Foreign Direct Investment. We find that all three dominant explanations and much of the ongoing literature either explicitly or implicitly highlight the importance of a firm's ability to acquire and maintain resources to its own survival and ability to compete as latecomers on a global stage. Through our conceptual model we show that whether EMNEs seek to exploit existing resources, seek to augment their resource base, or pursue a combination of both it is reflected by their generic internationalization strategy. This generic strategy is also reflective of the firm's strategic focus, as well as predictive of its entry mode and resulting resource dependence. Taking this perspective informs the current literature by clarifying how an internationalization strategy alters EMNE dependence on the external environment for critical resources. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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