Accelerated Internationalisation by Emerging Multinationals: the Case of White Goods Sector

• Published in: IDEAS Working Paper Series from RePEc
• Main Authors: Bonaglia, Federico, Goldstein, Andrea, Mathews, John
• Format: Paper
• Language: English
• Published: St. Louis Federal Reserve Bank of St. Louis 01.01.2006
• Subjects: Competitive advantage; Developing countries; Globalization; LDCs; Multinational corporations

The emergence of a "second wave" of developing-country multinational enterprises (MNEs) in a variety of industries is one of the characterizing features of globalization. These new MNEs did not delay their internationalisation until they were large, as did most of their predecessors, and o...