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The Influence of Domestic Economic Agents on the International Competitiveness of Latin American Firms: Evidence from Peruvian Small and Medium Multinational Enterprises

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  • Jesús C. Peña-Vinces
  • David Urbano

Abstract

We evaluate how home-country economic agents (government, universities and research centers, and industry) affect the international competitiveness of small and medium multinational enterprises (SMNEs) of developing countries in Latin America. Drawing on a sample of 100 SMNEs of Peru, the main findings reveal that for Peruvian SMNEs, the government is a core economic agent. Competitiveness of SMNEs also depends on the relationships they have with companies operating in the same industry. Universities and research centers do not have a positive effect on the international competitiveness of SMNEs. The study both advances theory and offers practical advice

Suggested Citation

  • Jesús C. Peña-Vinces & David Urbano, 2014. "The Influence of Domestic Economic Agents on the International Competitiveness of Latin American Firms: Evidence from Peruvian Small and Medium Multinational Enterprises," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(6), pages 229-248, November.
    • Handle: RePEc:mes:emfitr:v:50:y:2014:i:6:p:229-248
    DOI: 10.1080/1540496X.2014.1013865
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    Cited by:

    1. Feng Liu & Kwangtae Park & Unjung Whang, 2019. "Organizational Capabilities, Export Growth and Job Creation: An Investigation of Korean SMEs," Sustainability, MDPI, vol. 11(14), pages 1-16, July.
    2. Castro-Gonzáles, Segundo & Peña-Vinces, Jesús C. & Guillen, Jorge, 2016. "The competitiveness of Latin-American economies: Consolidation of the double diamond theory," Economic Systems, Elsevier, vol. 40(3), pages 373-386.
    3. Jesús Peña-Vinces & David Audretsch, 2021. "Tertiary education and science as drivers of high-technology exporting firms growth in developing countries," The Journal of Technology Transfer, Springer, vol. 46(6), pages 1734-1757, December.

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