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Co-evolution of emerging economy MNEs and institutions: A literature review

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  • Liu, Xiaming
  • Yang, Na
  • Li, Linjie
  • Liu, Yuanyuan

Abstract

This paper provides a review of the existing literature about the co-evolution of emerging economy multinational enterprises (EMNEs) and institutions and proposes directions for future study. We find that many existing studies involving the institution-EMNE relationship focus on the impact of institutions on EMNEs, and the research on their co-evolution is very limited in terms of emerging economies involved and theories and research methods applied. Given varieties of the institution-EMNE relationship we call for more studies by applying more contextualized theoretical perspectives and innovative and multiple research methods to advance our knowledge about the topic.

Suggested Citation

  • Liu, Xiaming & Yang, Na & Li, Linjie & Liu, Yuanyuan, 2021. "Co-evolution of emerging economy MNEs and institutions: A literature review," International Business Review, Elsevier, vol. 30(4).
    • Handle: RePEc:eee:iburev:v:30:y:2021:i:4:s0969593121000354
    DOI: 10.1016/j.ibusrev.2021.101828
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