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Perspectives on multinational enterprises in emerging economies

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  • Klaus E Meyer

    (Copenhagen Business School, Frederiksberg, Denmark)

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    Abstract

    Multinational enterprises (MNEs) play a pivotal role in the development of many emerging economies. In consequence, they became the focus of scholarly research by economists and policy analysts. In contrast, international business scholars have been comparatively uninterested in analysing this role of MNEs. Yet they could make important contributions to these debates. First, studies taking the individual firms as starting point would enhance understanding of the interaction between MNEs and the local environment. Second, theories and research methodologies developed in international business research could provide new insights into the dynamics of MNEs in emerging economies. The objective of this paper is to motivate more international business scholars to engage in research on positive and negative spillovers from foreign direct investment (FDI) in emerging economy societies. To advance this research agenda, scholars need to analyse the specific activities and capabilities of the firms involved, and the impact of FDI on the broader social and environmental context. For management, this agenda raises the ethical question: To what extent ought businesses to care about their local stakeholders?Journal of International Business Studies (2004) 35, 259–276. doi:10.1057/palgrave.jibs.8400084

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    Bibliographic Info

    Article provided by Palgrave Macmillan in its journal Journal of International Business Studies.

    Volume (Year): 35 (2004)
    Issue (Month): 4 (July)
    Pages: 259-276

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    Handle: RePEc:pal:jintbs:v:35:y:2004:i:4:p:259-276

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    Cited by:
    1. Ayse Kaya & James T. Walker, 2009. "Individual Attitudes towards the Impact of Multinational Enterprises on Local Businesses," Economics & Management Discussion Papers em-dp2009-02, Henley Business School, Reading University.
    2. Sumon Kumar Bhaumik & Klaus Meyer & Saul Estrin, 2004. "Determinants of Employment Growth at MNEs: Evidence from Egypt, India, South Africa and Vietnam," William Davidson Institute Working Papers Series 2004-707, William Davidson Institute at the University of Michigan.
    3. Ronia Hawash & Guenter Lang, 2010. "The Impact of Information Technology on Productivity in Developing Countries," Working Papers 19, The German University in Cairo, Faculty of Management Technology.
    4. Andrei Panibratov & Alexander Abramkov, 2012. "Joint Venture Strategy For Emerging Economy: Evidence From Russian Energy Sector," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 3(2).
    5. Pradeep Kumar Keshari, 2011. "Efficiency Spillovers from FDI in the Indian Machinery Industry: A Firm Level Study Using Panel Data Models," Working Papers id:4195, eSocialSciences.
    6. Fu, Xiaolan & Gong, Yundan, 2011. "Indigenous and Foreign Innovation Efforts and Drivers of Technological Upgrading: Evidence from China," World Development, Elsevier, vol. 39(7), pages 1213-1225, July.
    7. Xiaolan Fu & Carlo Pietrobelli & Luc Soete, 2010. "The Role of Foreign Technology and Indigenous Innovation in the Emerging Economies: Technological Change and Catching Up," IDB Publications 12078, Inter-American Development Bank.
    8. Harald Lehmann & Jutta Günther, 2004. "Technology spillovers from external investors in East Germany: no overall effects in favor of domestic firms," IWH Discussion Papers 198, Halle Institute for Economic Research.
    9. Vanhaverbeke, Wim & Li, Ying & Van de Vrande, Vareska, 2009. "The dual role of external corporate venturing in technological exploration," MPRA Paper 26488, University Library of Munich, Germany, revised 2010.
    10. Qin Yang & Crystal Jiang, 2007. "Location advantages and subsidiaries’ R&D activities in emerging economies: Exploring the effect of employee mobility," Asia Pacific Journal of Management, Springer, vol. 24(3), pages 341-358, September.
    11. Whiteman, G.M. & Muller, A.R. & Voort, J. van der & Wijk, J.C.A.C. van & Meijs, L.C.P.M. & Piqué, C., 2005. "The Tsunami’s CSR Effect: MNEs and Philanthropic Responses to the Disaster," Research Paper ERS-2005-062-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
    12. Shanxing Gao & Kai Xu & Jianjun Yang, 2008. "Managerial ties, absorptive capacity, and innovation," Asia Pacific Journal of Management, Springer, vol. 25(3), pages 395-412, September.
    13. Klaus Meyer, 2005. "Foreign Direct Investment in Emerging Economies," Papers Presented at Global Meetings of the Emerging Markets Forum 2005fdiee, Emerging Markets Forum.
    14. Lars Huemer, 2010. "Corporate Social Responsibility and Multinational Corporation Identity: Norwegian Strategies in the Chilean Aquaculture Industry," Journal of Business Ethics, Springer, vol. 91(2), pages 265-277, February.
    15. Xu, Dean & Lu, Jane W., 2007. "Technological knowledge, product relatedness, and parent control: The effect on IJV survival," Journal of Business Research, Elsevier, vol. 60(11), pages 1166-1176, November.
    16. Villa, Stefania, 2010. "Exploring the linkages between investment and employment in Moldova : a time-series analysis," ILO Working Papers 455342, International Labour Organization.
    17. Manuel Velasquez, 2009. "Development, Justice, and Technology Transfer in China: The Case of HP and Legend," Journal of Business Ethics, Springer, vol. 89(2), pages 157-166, November.
    18. Dima Jamali & Ben Neville, 2011. "Convergence Versus Divergence of CSR in Developing Countries: An Embedded Multi-Layered Institutional Lens," Journal of Business Ethics, Springer, vol. 102(4), pages 599-621, September.
    19. Roland Bardy & Stephen Drew & Tumenta Kennedy, 2012. "Foreign Investment and Ethics: How to Contribute to Social Responsibility by Doing Business in Less-Developed Countries," Journal of Business Ethics, Springer, vol. 106(3), pages 267-282, March.
    20. Orhan Akisik & Graham Gal, 2011. "Sustainability in businesses, corporate social responsibility, and accounting standards: An empirical study," International Journal of Accounting and Information Management, Emerald Group Publishing, vol. 19(3), pages 304-324, September.

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