Explaining the competitiveness of Multinational Companies from developing economies: A critical review of the academic literature

International Journal of Technology and Globalisation

Volumn 4, Issue 1, 2008, Pages 23-38

  Tolentino, Paz Estrella ^a  

^a UNIVERSITY OF LONDON   (United Kingdom)

Author keywords

Developing country MNCs; MNC competitiveness; MNC models

Indexed keywords

EID: 48849095820     PISSN: 14765667     EISSN: 17418194     Source Type: Journal    
DOI: 10.1504/IJTG.2008.016185     Document Type: Article

References (70)

1. Brown, R.A. (Ed.) (1995) Chinese Business Enterprise in Asia, Routledge, London and New York.
2. Buckley, P.J. (2004) 'Asian network firms: An analytical framework', Asia Pacific Business Review, Vol. 10, Nos. 3-4, pp.254-271.
3. Cantwell, J. (2000) 'A survey of theories of international production', in Pitelis, C.N. and Sugden, R. (Eds.): The Nature of the Transnational Firm, Routledge, London, pp.10-56.
4. Cantwell, J. and Tolentino, P.E. (1990) 'Technological accumulation and third world multinationals', University of Reading Discussion Paper in International Investment and Business Studies, No. 139, Department of Economies, University of Reading, Reading, UK.
5. Carney, M. (1998) 'A management capacity constraint?: Obstacles to the development of the overseas Chinese family business'. Asia Pacific Journal of Management, Vol. 15, No. 2, pp.137-162.
6. Davis, D.E. (2003) 'Review of Mauro F. Guillén, The limits of convergence: Globalization and organizational change in Argentina, South Korea, and Spain', Economic Development and Cultural Change, Vol. 52, No. 1, pp.239-242.
7. Dunning, J.H. (1981) 'Explaining outward direct investment of developing countries: In support of the eclectic theory of international production', in Kumar, K. and McLeod, M.G. (Eds.): Multinationals from Developing Countries, Lexington Books, Lexington, Massachusetts, pp.1-22.
8. Dunning, J.H. (1988) 'The eclectic paradigm of international production: a restatement and some possible extensions', Journal of International Business Studies, Vol. 19, No. 1, pp.1-31.
9. Dunning, J.H. and Narula, R. (Eds.) (1997) 'The investment development path revisited: Some emerging issues', Foreign Direct Investment and Governments Catalysts for Economic Restructuring, Routledge, London, pp.1-41.
10. Ernst, D. (2000) 'Inter-organizational knowledge outsourcing: What permits sman Taiwanese firms to compete in the computer industry?', Asia Pacific Journal of Management, Vol. 17, No. 2, pp.223-256.
11. Ghauri, P.N. and Prasad, S.B. (1995) 'A network approach to probing Asia's interfirm linkages', in Prasad, S.B. (Ed.): Advances in International Comparative Management, Greenwich, Connecticut and London, England, Vol. 10, JAI Press, pp.63-77.
12. Giddy, I.H. and Young, S. (1982) 'Conventional theory and unconventional multinationals: Do new forms of multinational enterprise require new theories?', in Rugman, A.M. (Ed.): New Theories of the Multinational Enterprises, Croom Helm, London, pp.55-78.
13. Gomez, E.T. (1999) Chinese Business in Malaysia: Accumulation, Accommodation and Ascendance, Curzon Press, Richmond.
14. Granovetter, M. (1994), 'Business groups', in Smelser, N. and Swedberg, R. (Eds.): The Handbook of Economic Sociology, Princeton University Press, Princeton, New Jersey, pp.453-475.
15. Gray, H.P. (1982) 'Macroeconomic theories of foreign direct investment: an assessment', in Rugman, A.M. (Ed.): New Theories of the Multinational Enterprise, Croom Helm, London, pp.172-195.
16. Guillén, M.F. (2001) The Limit of Convergence: Globalization and Organizational Change in Argentina, South Korea, and Spain, Princeton University Press, Princeton, New Jersey.
17. Haley, G.T. and Haley, U.C.V. (1998) 'Boxing with shadows: Competing effectively with the overseas Chinese and overseas Indian business networks in the Asian arena'. Journal of Organizational Change Management, Vol. 11, No. 4, pp.301-320.
18. Hamilton, G.G. (1996) 'The organization of capital in South Korea and Taiwan', in Safarian, A.E. and Dobson, W. (Eds.): East Asian Capitalism: Diversity and Dynamism, Hongkong Bank of Canada Papers on Asia, Vol. 2, University of Toronto Press, Toronto, pp.19-44.
19. Hobday, M. (1995) Innovation in East Asia: The Challenge to Japan, Edward Elgar, Aldershot.
20. Hobday, M. (1997) 'Latecomer catch-up strategies in electronics: Samsung of Korea and Acer of Taiwan', Asia Pacific Business Review, Vol. 4, Nos. 2-3, pp.48-83.
21. Johanson, J. and Vahlne, J.E. (1977), 'The internationalization process of the firm - a model of knowledge development and increasing foreign market commitment', Journal of International Business Studies, Vol. 8, No. 1, pp.25-34.
22. Khanna, T. (2005) 'Asia's new business giants', Global Agenda, No. 3, pp.166-167.
23. Kogut, B. and Zander, U. (1995) 'Knowledge, market failure and the multinational enterprise: A reply', Journal of International Business Studies, Vol. 26, No. 2, pp.417-426.
24. Kojima, K. (1973) 'A macroeconomic approach to foreign direct investment', Hitotsubashi Journal of Economics, Vol. 14, No. 1, pp.1-21.
25. Kojima, K. (1978) Direct Foreign Investment: A Japanese Model of Multinational Business Operations, Croom Helm, London.
26. Lall, S. (1982) Developing Countries as Exporters of Technology, Macmillan, London and Basingstoke.
27. Lall, S. (Ed) (1983) 'The theoretical background', The New Multinationals: The Spread of Third World Enterprises, John Wiley, Chichester, pp.1-20.
28. Lecraw, D.J. (1980) 'Intra-Asian direct investment: Theory and evidence from the ASEAN region', UMBC Economic Review, Vol. 16, pp.20 25.
29. Lecrawn D.J. (1981) 'Internationalization of firms from LDCs: Evidence from the ASEAN region'. in Kumar, K. and McLeod, M.G. (Eds.): Multinationals from Developing Countries, Lexington Books, Lexington, Massachusetts, pp.37-51.
30. Li, P.P. (1993) 'How national context influences corporate strategy: A comparison of South Korea and Taiwan'. in Prasad, S.B. and Peterson, R.B. (Eds.): Advances in International Comparative Management, Vol. 8. JAI Press, Greenwich, Connecticut and London, England, pp.55-78.
31. Li, P.P. (1994) 'Strategy profiles of indigenous MNEs from the NIEs: The case of South Korea and Taiwan'. International Executive, Vol. 36, No. 2. pp. 147-170.
32. Li, P.P. (1998) 'Towards a geocentric framework of organizational form: a holistic, dynamic and paradoxical approach'. Organization Studies Vol. 19, No. 5. pp.829-861.
33. Li, P.P. (2003) 'Toward a geocentric theory of multinational evolution: the implications from the Asian MNEs as latecomers'. Asia Pacific Journal of Management, Vol. 20, pp.217-42.
34. Lim, L.Y.C. (1996a) 'The evolution of Southeast Asian business systems', Journal of Asian Business, Vol. 12, No. 1, pp.51-74.
35. Lim, L.Y.C. (1996b) 'Southeast Asian business systems: The dynamics of diversity', in Safarian, A.E. and Dobson, W. (Eds.): East Asian Capitalism: Diversity and Dynamism, Hongkong Bank of Canada Papers on Asia, Vol. 2, University of Toronto Press, Toronto, pp.91-117.
36. Lim, L.Y.C. (2000) 'Southeast Asian Chinese business: Past success, recent crisis and future evolution'. Journal of Asian Business, Vol. 16, No. 1, pp.1-14.
37. Mathews, J.A. (2002) Dragon Multinational: A New Model for Global Growth, Oxford University, Press, Oxford.
38. Mitchell, K. (1995) 'Flexible circulation in the Pacific rim: Capitalism in cultural context', Economic Geography, Vol. 71, No. 4. pp.364-382.
39. Narula, R. (1996) Multinational investment and Economic Structure: Globalisation and Competitiveness, Routledge, London.
40. Oh, D., Choi, C.J. and Choi, E. (1998) 'The globalization strategy of Daewoo Motor Company'. Asia Pacific Journal of Management, Vol. 15, No. 2. pp.195-203.
41. Ong-Giger, K. (1999) 'Review of Henry Wai-chung Yeung, Transnational corporations and business networks: Hong Kong firms in the ASEAN region'. ASEAN Economic Bulletin, Vol. 16, No. 1, pp.127-129.
42. Ozawa, T. (1991) 'Japanese Multinationals and 1992'. in Bürgenmeier, B. and Mucchielli, J. (Eds.): Multinationals and Europe 1992: Strategies for the Future, Routledge, London, pp.135-154.
43. Redding, S.G. (1990) The Spirit of Chinese Capitalism, Walter de Gruyter, Berlin and New York.
44. Redding, S.G. (1995) 'Overseas Chinese networks: Understanding the enigma', Long Range Planning, Vol. 28, No. 1, pp.61-69.
45. Redding, S.G. (2000) 'What is Chinese about Chinese family business? And how much is family and how much is business', in Yeung, H.W-C and Old, K. (Eds.): Globalization of Chinese Business Firms, St. Martin's Press, New York and Macmillan Press, London, pp.31-54.
46. Redding, S.G. (2001) 'The smaller economies of Pacific Asia and their business systems'. in Rugman, A.M. and Brewer, T.L. (Eds): The Oxford Handbook of International Business, Oxford University Press, Oxford, pp.760-781.
47. Shapiro, D.M., Gedajlovic, E. and Erdener, C. (2003) 'The Chinese family firm as a multinational enterprise', The International Journal of Organizational Analysis, Vol. 11, No. 2, pp.105-122.
48. Tallman, S.B. and Shenkar, O. (1990) 'International cooperative venture strategies: Outward investment and small firms from N.I.C.s, Management International Review, Vol. 30, No. 4, pp.299-315.
49. Tolentino, P.E.E. (1993) Technological Innovation and Third World Multinationals, Routledge, London.
50. Tolentino, P.E.E. (2000) Multinational Corporations, Emergence and Evolution, Routledge, London.
51. Tolentino, P.E.E. (2006) 'Explaining multinational companies from the developing economies of East and Southeast Asia'. in Yeung, H.W-C. (Ed.): Handbook of Research on Asian Business, Edward Elgar, Cheltenham, UK and Northampton, Massachusetts, pp.409-427.
52. Tsoukas, H. (1993) 'Review of Richard Whitley, Business systems in East Asia: Firms, markets and societies', Journal of Management Studies Vol. 30, No. 4, pp.681-684.
53. Ulgado, F.M., Yu, C-M.J. and Negandhi, A.R. (1994) 'Multinational enterprises from Asian development countries: Management and organizational characteristics', International Business Review, Vol. 3. No. 2. pp.123-133.
54. UNCTAD (2005) World Investment Report 2005: Transnational Corporations and the Internationalization of R&D, United Nations, New York and Geneva.
55. van Hoesel, R. (1999) New Multinational Enterprises from Korea and Taiwan, Routledge, London.
56. Vernon, R. (1966) 'International investment and international trade in the product cycle'. Quarterly Journal of Economics, Vol. 80, No. 2, pp. 190-207.
57. Vroom, C.W. (1995) 'Review of Richard Whitley, Business systems in East Asia: Firms, markets and societies', Organization Studies, Vol. 16, No. 1, pp.59-161.
58. Wells Jr., L.T. (1984) 'Multinationals from Asian developing countries', in Moxon, R.W., Roehl, T.W. and Truitt, J.F. (Eds.): International Business Strategies in the Asia-Pacific Region: Environmental Changes and Corporate Response, Research in International Business and Finance JAI Press, Greenwich, Connecticut, Vol 4(A), pp.127-143.
59. Whitley, R.D. (1990) 'Eastern Asian enterprise structures and the comparative analysis of forms of business organization', Organization Studies, Vol. 11, No. 1, pp.47-74.
60. Whitley, R.D. (1991) 'The social construction of business systems in East Asia', Organization Studies, Vol. 12, No. 1, pp.1-28.
61. Whitley, R.D. (1992) Business Systems in East Asia: Firms, Markets and Societies, Sage, Newbury Park, California, London and New Delhi.
62. Whitley, R.D. (1998) 'Internationalization and varieties of capitalism: the limited effects of cross-national coordination of economic activities on the nature of business systems', Review of International Political Economy, Vol. 5, No. 3, pp.445-481.
63. Whitley, R.D. (2000) 'The institutional structuring of innovation strategies: Business systems, firm types and patterns of technical change in different market economies', Organization Studies, Vol. 21, No. 5, pp.855-886.
64. Williamson, P.J. (2005) 'Strategies for Asia's new competitive game', Journal of Business Strategy, Vol. 26, No. 2, pp.37-43.
65. Wong, J. (1999) 'Southeast Asian ethnic Chinese investing in China', Global Economic Review, Vol 29, No. 1, pp.3-27.
66. Yeung, H.W-C. (1994) 'Third world multinationals revisited: A research critique and future agenda', Third World Quarterly, Vol. 15, No. 2, pp.297-317.
67. Yeung, H.W-C. (1998) Transnational Corporations and Business Networks: Hong Kong Firms in the ASEAN Region, Routledge, London.
68. Yeung, H. W-C. (2000) 'The dynamics of Asian business system in a globalizing era', Review of International Political Economy, Vol. 7, No. 3, pp.399-433.
69. Yeung, H. W-C. and Olds, K. (Eds.) (2000) Globalization of Chinese Business Firms, St. Martin's Press, New York, Macmillan Press, London.
70. Zutshi, R.K. and Gibbons, P.T. (1998) 'The internationalization process of Singapore government-linked companies: A contextual view.' Asia Pacific Journal of Management, Vol. 15, No. 2, pp.219-246.