Academic literature on the topic 'Emerging Multinationals (EMNEs)'

Cette recherche doctorale étudie un phénomène important dans les champs du management international et de la stratégie ; l’internationalisation des multinationales des pays émergents (EMNEs). Depuis quelques années, l’internationalisation des EMNEs reçoit une attention croissante de la part des chercheurs, des décideurs politiques et des managers. Ceci est expliqué par l’émergence rapide des EMNEs en tant qu’acteurs mondiaux. D’un point de vue théorique, les EMNEs questionnent les théories d’internationalisation qui ont traditionnellement été utilisées pour expliquer l’internationalisation des entreprises. D’un point de vue pratique, ces entreprises ont réussi à s’internationaliser, à monter en gamme et à concurrencer les entreprises des pays développés au niveau international internationaux dans une période très courte.Afin d’adresser des sujets et questions important dans l’internationalisation des EMNEs, cette recherche se compose de trois articles de recherche. Tout d’abord, l’article 1 est une étude bibliographique avec une revue de littérature structurée qui étudie l’évolution de la recherche sur les EMNEs pendant les deux dernières décennies. Ensuite, l’article 2 étudie l’impact des institutions, ou plus précisément la distance institutionnelle et les caractéristiques des pays hôtes sur le choix de mode d’entrée des EMNEs à l’international. Enfin, l’article 3 étudie l’impact de l’innovation sur leurs stratégies d’internationalisation. Au niveau empirique, cette recherche est basée sur des données des entreprises indiennes pendant une période de dix ans. Les données proviennent de plusieurs sources ; SDC Platinum, inFinancials et les rapports annuels des entreprises<br>This doctoral dissertation studies a growing phenomenon in the IB- and Strategy literature; the internationalization of multinationals from emerging markets (EMNEs). The internationalization of EMNEs has received increased attention from both practitioners, policy makers and scholars over the last years, thanks to their rapid emergence as international players. From a theoretical point of view, EMNEs question theories that traditionally have been used to explain firm internationalization. From a practical point of view, these firms manage to internationalize, up-grade and compete with Western incumbents in short time. To address current issues and questions on EMNE internationalization, this dissertation is built up of three research essays. First, essay 1 is a bibliometric study and a structured literature review that studies the evolution of EMNE research in the IB- and strategy literature over the last two decades. Second, essay 2 addresses the importance of institutions, or institutional distance and host country characteristics more specifically, and the impact they have on the chosen entry mode of EMNEs into foreign markets. Third, essay 3 looks at how innovation impacts whether EMNEs choose to internationalize through international joint ventures or acquisitions. The empirical research essays in this dissertation are based upon a data set of Indian firms over a ten-year period with data from several sources, i.e. SDC Platinum Data Base, inFinancials, and the firms’ annual reports

Les intégrations post-acquisitions up-market de multinationales émergentes (EMNE) dans des économies avancées ont été peu étudiées empiriquement. Cette recherche dresse une typologie des approches mises en œuvre suite à 25 acquisitions en France d’EMNE de 13 pays différents, et analyse les déterminants de leurs choix. L’approche partenariale est majoritairement adoptée, sous diverses modalités dynamiques, mais elle n’est pas systématique. La diversité des types d’intégration révèle l’influence de l’effet du pays d’origine des EMNE sur leurs décisions stratégiques. Cet effet est exploré sous l’angle des héritages administratifs des EMNE, précisément leurs imaginaires stratégiques et politiques qui influencent leur représentation des opportunités du contexte géo-économique global<br>Few studies empirically addressed emerging multinationals (EMNE) integrations following up-market acquisitions in advanced economies countries. This research establishes a typology of the approaches adopted after 25 acquisitions in France by EMNE from 13 different countries, and analyses the antecedents of their choices. Partnering approach is predominantly adopted, with several dynamic forms, but is not systematic. The diversity of integration types reveals the significance of EMNE country-of-origin effect on their strategic decisions. This effect is investigated through EMNE administrative heritages, precisely their strategic and political imagination which influence their representation of the global geoeconomics context

A Teoria de Negócios Internacionais sugere que ao aumentar o seu grau de internacionalização, as Empresas Multinacionais dos Países Emergentes dependerão cada vez menos dos efeitos dos seus países de origem, escapando assim das mazelas e deficiências desses países e igualando-se às Empresas Multinacionais dos Países Desenvolvidos. Essa argumentação de escape do país de origem, ou argumentação de escape, enfrenta, no entanto, dois desafios. O primeiro refere-se à geração das vantagens competitivas das multinacionais. As firmas originárias dos países desenvolvidos utilizam-se principalmente de capacidades tecnológicas e marketing para construir suas vantagens com base em seus produtos e marcas diferenciados, enquanto as multinacionais dos países emergentes o fazem a partir do aproveitamento de condições específicas do seu país de origem, utilizando-se de capacidades de inovação em processos e operações e em funções administrativas. O segundo desafio refere-se a evidências empíricas de que efeitos de país de origem se fazem sentir mesmo nas empresas multinacionais maduras de países desenvolvidos. A presente pesquisa busca ampliar o conhecimento sobre as capacidades de inovação das empresas multinacionais de países emergentes através do estudo dos limites do argumento do escape. Uma análise longitudinal das capacidades de inovação das empresas multinacionais brasileiras é utilizada para este fim. Estuda-se um período de cinco anos em que o ambiente de negócios do Brasil mudou de estável e favorável a turbulento e desafiador. A análise utiliza dois \"surveys\" aplicados em 2010 e 2015, além de informação complementar de fontes primárias e secundárias. Os resultados sugerem que as capacidades de inovação dessas empresas multinacionais ainda podem sofrer influência do ambiente institucional político e econômico do seu país de origem, mesmo com incremento do seu grau de internacionalização. Observam-se ainda diferentes consequências conforme a estratégia de internacionalização utilizada pelas firmas. As implicações dos achados são discutidas.<br>The international Business theory suggests that as they increase their degree of internationalization, Multinationals from Emerging Markets reduce their dependency on their Country of Origin Effects, escaping from these countries\' instabilities and deficiencies, therefore leveling with Multinationals from developed countries. The escape from the country of origin, or escape argument, faces two challenges. The first is that firms from developed countries base their advantages on technology and marketing capabilities to build strong products and brands, whereas firms from emerging countries do so mainly by exploiting their country of origin effects using innovative capabilities related to process and operations and to administrative functions. The second challenge relates to empirical evidence of the persistence of country of origin effects on mature multinational firms from developed countries. This research attempts to improve the knowledge on the innovation capability of Emerging Markets Multinational Enterprises through studying the limits of the escape argument. A longitudinal analysis of the innovative capabilities of Brazilian Multinational firms is used for that purpose. The five-year period studied involves a shift in Brazil\'s conditions from a stable and positive institutional environment to one of turbulence and instability. The research uses data from two surveys executed in 2010 and 2015, as well as other primary and secondary sources. The results suggest that the innovative capabilities from Emerging Market Multinationals can still suffer influences from changes in their home country political and economic institutional environment, even with an increase in their degree of internationalization. The outcomes vary according to the internationalization strategy used by the firms. Implications of these findings are discussed.