A Critical Review of Theoretical Perspectives on Emerging Economy Multinationals

AYDEN, Yüksel
June 2015
European Journal of Economic & Political Studies;Summer2015, Vol. 8 Issue 1, p1
Academic Journal
This study provides a critical review of the mainstream (i.e. internationalization process model and eclectic paradigm) and emergent perspectives (i.e. springboard perspective and linkage, leverage, and learning model) on internationalization process of emerging economy multinational enterprises (EE MNEs). It discusses the theoretical knowledge on multinational enterprise (MNE) behavior by providing the contributions of each perspective to the literature, their explanations about EE MNEs' international expansion, as well as the extensions, modifications, and criticism made on them. The comparative discussion of the extant literature demonstrates that each theoretical perspective explains a particular trajectory of MNE internationalization; therefore, an integration of the current perspectives on MNE internationalization is needed.


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