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Emerging Asian MNCs

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  • Changsu Kim
  • Donghyun Park

Abstract

Developed countries traditionally account for the lion's share of outward foreign direct investment (FDI) and multinational corporations (MNCs). More recently, however, developing countries are emerging as a significant source of outward FDI and globally influential MNCs. The central objective here is to analyze and compare the main issues facing emerging Asian MNCs today with the main issues which faced developed-country MNCs 30 years ago. Our basic hypothesis is that the two groups of MNCs significantly differ due to both exogenous and endogenous factors. Particularly important are differences in motivation and behaviour, ownership patterns, ownership-specific advantages and the institutional infrastructures of their home countries.

Suggested Citation

  • Changsu Kim & Donghyun Park, 2015. "Emerging Asian MNCs," Asia Pacific Business Review, Taylor & Francis Journals, vol. 21(4), pages 457-463, October.
    • Handle: RePEc:taf:apbizr:v:21:y:2015:i:4:p:457-463
    DOI: 10.1080/13602381.2014.900274
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    References listed on IDEAS

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    1. Louis T. Wells, 1983. "Third World Multinationals: The Rise of Foreign Investments from Developing Countries," MIT Press Books, The MIT Press, edition 1, volume 1, number 026273169x, April.
    2. Peter J. Buckley & Mark Casson, 1991. "The Future of the Multinational Enterprise," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-1-349-21204-0, December.
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    Cited by:

    1. Babbar, Sunil & Behara, Ravi S. & Koufteros, Xenophon A. & Huo, Baofeng, 2017. "Emergence of Asia and Australasia in operations management research and leadership," International Journal of Production Economics, Elsevier, vol. 184(C), pages 80-94.

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