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The Rise of Emerging Multinationals from Russia – Models, Drivers and Internationalization Strategies

Author

Listed:
  • Codruta DURA

    (University of Petrosani, Romania)

  • Imola DRIGÃ

    (University of Petrosani, Romania)

Abstract

The growing importance of Outward Foreign Investments (OFDI) from emerging markets has broken the traditional pattern of the advanced economies conducting FDI flows towards developing or low-income countries. The unprecedented expansion of multinational companies (MNCs) from so-called BRIC countries has received a great deal of attention in the international business literature during recent years. Our paper provides an insight into the universe of Russian multinationals, by taking stock of different perspectives on the issue as it stands in many recent working papers or articles published in the literature. We shall explore this perspectives by answering comprehensively questions like Who are, When, Why and How are expanding nowadays multinationals from Russia? These questions were carefully elaborated in order to enable us to go through the most important approaches that have been made on the issue in the past years.

Suggested Citation

  • Codruta DURA & Imola DRIGÃ, 2013. "The Rise of Emerging Multinationals from Russia – Models, Drivers and Internationalization Strategies," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(3), pages 387-399, July.
    • Handle: RePEc:rom:rmcimn:v:14:y:2013:i:3:p:387-399
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    References listed on IDEAS

    as
    1. John H. Dunning & Sarianna M. Lundan, 2008. "Multinational Enterprises and the Global Economy, Second Edition," Books, Edward Elgar Publishing, number 3215.
    2. Malgorzata Jakubiak & Alina Kudina, 2008. "The Motives and Impediments to FDI in the CIS," CASE Network Studies and Analyses 0370, CASE-Center for Social and Economic Research.
    3. Filippov, Sergey, 2011. "Russia's emerging multinational companies amidst the global economic crisis," MERIT Working Papers 2011-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    4. Narula, Rajneesh, 2010. "Keeping the Eclectic Paradigm Simple: A Brief Commentary and Implications for Ownership Advantages," MERIT Working Papers 2010-031, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. Kalotay, Kalman, 2008. "Russian transnationals and international investment paradigms," Research in International Business and Finance, Elsevier, vol. 22(2), pages 85-107, June.
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    More about this item

    Keywords

    Russian multinationals (corporations); resource-based companies; modes of internationalization; drivers of internationalization; the eclectic paradigm (the OLI model); the linkage; leverage and learning model (the LLL model); the Uppsala model.;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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