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Asian emerging multinationals and the dynamics of institutions and networks

Author

Listed:
  • Pavida Pananond

    (Thammasat University)

  • Axèle Giroud

    (University of Manchester)

Abstract

Multinationals from developing Asia originate from highly diverse countries. Their rise challenges various existing theoretical concepts on the internationalisation of MNEs, their institutional background and context-specific features. We suggest here that the role of institutions and firm networks must be better conceptualised to reflect the internationalisation of MNEs from developing Asia. In particular, we propose that a key driver for internationalisation is explained not just by social networks but also by dynamic evolution in network relationships within industry value chains. We also argue, given the context of increased regional integration, that institutional boundaries should be expanded from country to region.

Suggested Citation

  • Pavida Pananond & Axèle Giroud, 2016. "Asian emerging multinationals and the dynamics of institutions and networks," Asian Business & Management, Palgrave Macmillan, vol. 15(4), pages 255-263, September.
    • Handle: RePEc:pal:abaman:v:15:y:2016:i:4:d:10.1057_s41291-016-0010-2
    DOI: 10.1057/s41291-016-0010-2
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    References listed on IDEAS

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    Cited by:

    1. Mustafa Sakr & Andre Jordaan, 2017. "Foreign Market Selection of Emerging Multinational Corporations: Evidence from South African and Egyptian Corporations," Working Papers 201734, University of Pretoria, Department of Economics.
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    3. Edyta Gołąb-Andrzejak, 2024. "Editorial," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 36(1), pages 1-3.

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