EXTENDING THEORY BY ANALYZING DEVELOPING COUNTRY MULTINATIONAL COMPANIES: SOLVING THE GOLDILOCKS DEBATE

作者：Cuervo Cazurra, Alvaro^*

来源：Global Strategy Journal, 2012, 2(3): 153-167.

DOI：10.1111/j.2042-5805.2012.01039.x

• developing countries
• multinational companies
• emerging markets
• international business
• theory development

I analyze how the study of developing country multinational companies (DMNCs) can help extend theory. The renewed interest in DMNCs has generated a 'Goldilocks' debate, with one camp arguing that the analysis of DMNCs is 'hot' and requires new theory, another camp arguing that it is 'cold' and no new theory is required, and a third camp arguing that it is 'just right' and it can be used to extend theory. I follow this third camp and argue that the unique conditions of developing countries influence the internationalization of DMNCs, creating a laboratory for extending theory. I illustrate this idea by reviewing some of the key theories and models of the multinational company and explaining how they can be extended with the study of DMNCs.

• 出版日期2012-8
• 单位东北大学