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From LLL to IOL3: Moving dragon multinationals research forward

Author

Listed:
  • Jane Lu

    (University of Melbourne)

  • Xufei Ma

    (Chinese University of Hong Kong)

  • Lucy Taksa

    (Macquarie University)

  • Yue Wang

    (Macquarie University)

Abstract

In the past decade, there has been a large number of studies on how firms from the fast developing Asia-Pacific region initiate and manage their international business expansions, leading to an emerging area of research which could be labeled as dragon multinationals research. To illustrate how we can move dragon multinationals research forward, in this editorial we first expand John Mathews’ linkage-leverage-learning (LLL) model to an extended framework of inward linkages-outward linkages-leverage-learning (IOL3) framework that aims to help us better analyze what makes dragon multinationals’ international expansion unique. We then introduce the papers selected for this Special Issue and highlight their contributions in line with our proposed new analytical framework. Finally, we use the framework to explore opportunities and directions for future research on dragon multinationals.

Suggested Citation

  • Jane Lu & Xufei Ma & Lucy Taksa & Yue Wang, 2017. "From LLL to IOL3: Moving dragon multinationals research forward," Asia Pacific Journal of Management, Springer, vol. 34(4), pages 757-768, December.
    • Handle: RePEc:kap:asiapa:v:34:y:2017:i:4:d:10.1007_s10490-017-9542-z
    DOI: 10.1007/s10490-017-9542-z
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    References listed on IDEAS

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    9. Anderson, John & Sutherland, Dylan & Severe, Sean, 2015. "An event study of home and host country patent generation in Chinese MNEs undertaking strategic asset acquisitions in developed markets," International Business Review, Elsevier, vol. 24(5), pages 758-771.
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    12. Peter Hertenstein & Dylan Sutherland & John Anderson, 2017. "Internationalization within networks: Exploring the relationship between inward and outward FDI in China’s auto components industry," Asia Pacific Journal of Management, Springer, vol. 34(1), pages 69-96, March.
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    Cited by:

    1. Jain, Naveen Kumar & Pangarkar, Nitin & Yuan, Lin & Kumar, Vikas, 2019. "Rapid internationalization of emerging market firms—The role of geographic diversity and added cultural distance," International Business Review, Elsevier, vol. 28(6), pages 1-1.
    2. Jain, Naveen Kumar & Celo, Sokol & Kumar, Vikas, 2019. "Internationalization speed, resources and performance: Evidence from Indian software industry," Journal of Business Research, Elsevier, vol. 95(C), pages 26-37.
    3. Chen, Jianxun & Zhan, Wu & Tong, Zhaodi & Kumar, Vikas, 2020. "The effect of inward FDI on outward FDI over time in China: A contingent and dynamic perspective," International Business Review, Elsevier, vol. 29(5).
    4. Renfei Gao & André Sammartino, 2024. "How does inward foreign direct investment shape emerging market firm invention patenting tendency? Evidence from China," Asia Pacific Journal of Management, Springer, vol. 41(1), pages 407-436, March.
    5. Wein-Hong Chen & Yi-Yuan Liu, 2021. "Configurations of home-country experience, leapfrog strategy, and management team composition for acceleration of international expansion: Evidence from Asian multinational enterprises," Asia Pacific Journal of Management, Springer, vol. 38(2), pages 709-733, June.
    6. Ma, Xufei & Deng, Ziliang & Tang, Yi, 2021. "Relieving status anxiety: How low-status firms respond to international status-heterophilous relationships," Journal of World Business, Elsevier, vol. 56(6).
    7. Renfei Gao, 2023. "Inward FDI spillovers and emerging multinationals’ outward FDI in two directions," Asia Pacific Journal of Management, Springer, vol. 40(1), pages 265-293, March.
    8. Liedong, Tahiru Azaaviele & Peprah, Augustine Awuah & Amartey, Abednego Okoe & Rajwani, Tazeeb, 2020. "Institutional voids and firms' resource commitment in emerging markets: A review and future research agenda," Journal of International Management, Elsevier, vol. 26(3).
    9. Mike W. Peng & Sergey Lebedev & Cristina O. Vlas & Joyce C. Wang & Jason S. Shay, 2018. "The growth of the firm in (and out of) emerging economies," Asia Pacific Journal of Management, Springer, vol. 35(4), pages 829-857, December.
    10. Ru-Shiun Liou & Rekha Rao-Nicholson, 2019. "Age Matters: The Contingency of Economic Distance and Economic Freedom in Emerging Market Firm’s Cross-Border M&A Performance," Management International Review, Springer, vol. 59(3), pages 355-386, June.

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