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Internationalization Patterns of Multilatinas

Author

Listed:
  • Juanita Castro Olaya
  • Juliana Castro Olaya
  • Indira Jaller Cuéter

Abstract

The following paper addresses an issue that has been gaining importance in today’s world: Multilatinas. Those are companies that have emerged from Latin American developing economies and that during the last decades have been growing really fast in the national and the international field. Through this paper we studied the importance of Multilatinas in the region, their common characteristics and their internationalization processes in order to identify if there is a common pattern in their international moves. Actually, the economic openness of Latin America in the 90s left two options for enterprises: to modernize or to disappear. Therefore, Multilatinas represent the survivors from this phenomenon that flourished in adverse conditions through a process of “learning-by-doing”. Modelos de internacionalización de las multilatinas El presente trabajo aborda un tema que ha ido ganando importancia en el mundo actual: las Multilatinas. Estas empresas han surgido de las economías en desarrollo de América Latina y durante las últimas décadas han crecido exponencialmente tanto en el ámbito nacional como internacional.A través de este trabajo se estudia la importancia de las Multilatinas en la región, sus características comunes y sus procesos de internacionalización con el fin de identificar si existe un patrón común en sus movimientos internacionales. De hecho, la apertura económica que vivió América Latina en los anos 90 dejó dos opciones para las empresas: modernizarse o desaparecer. Por lo tanto, las Multilatinas son las sobrevivientes de este fenómeno que se desarrolló en condiciones adversas a través de un proceso de “Aprender-haciendo”.

Suggested Citation

  • Juanita Castro Olaya & Juliana Castro Olaya & Indira Jaller Cuéter, 2012. "Internationalization Patterns of Multilatinas," Revista Ad-Minister, Universidad EAFIT, September.
  • Handle: RePEc:col:000475:011695
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    References listed on IDEAS

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    Cited by:

    1. Conti, Claudio Ramos & Parente, Ronaldo & de Vasconcelos, Flávio C., 2016. "When distance does not matter: Implications for Latin American multinationals," Journal of Business Research, Elsevier, vol. 69(6), pages 1980-1992.
    2. Mtro. José Satsumi López-Morales & Dr. Jorge Alberto Wise-Lozano & Josè G. Vargas-Hernà ndez, M.B.A, Ph.D., 2014. "Emerging Multinationals: Multilatinas," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 4(4), pages 136-145, April.

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    More about this item

    Keywords

    Multilatinas; EMNEs (Emerging Multinational Enterprises); RDEs (Rapidly Developing Economies); Internationalization Patterns; Economic Liberalization; Multilatinas; Empresas Multinacionales Emergentes (EMNEs); economías en vías de desarrollo; patrones de internacionalización; liberalización económica.;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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