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Tekijä: | Cuervo-Cazurra, A. Genc, M.E. |
Otsikko: | Obligating, pressuring, and supporting dimensions of the environment and the non-market advantages of developing-country multinational companies |
Lehti: | Journal of Management Studies
2011 : MAR, VOL. 48:2, p. 441-455 |
Asiasana: | multinational companies globalization developing countries theories |
Kieli: | eng |
Tiivistelmä: | This study explores the non-market advantages of developing-country multinational companies (DMNCs) over advanced-economy multinational companies (AMNCs) with both competing in the same host country. Based on the resource-based theory and the 'distance' concept, dimensions (here as: dims.) of a country's (herein as: ctrs.) environment are classified into three types: i. obligating, ii. pressuring, and iii. supporting. Each type is argued to have a different impact on the advantages of DMNCs over AMNCs. First, i. obligating dims. are those with which ctrs. are not more or less (as: m-or-l.) developed than others. Second, ii. pressuring dims. are those ones in which ctrs. are m-or-l. demanding in pressuring the firm to continuously upgrade its non-market resources. Third, iii. supporting dims. are those in which ctrs. are m-or-l. developed in their provision of external non-market resources supporting the firm's operations. In this case, DMNCs tend to enjoy an advantage over AMNCs, because the former are better at dealing with a lack of supporting resources than the latter. The last two types of dims. challenge the commonly held ideas of distance being always directionless and always resulting in a disadvantage. |
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