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Emerging global contenders: The South African experience

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  • Klein, Saul
  • Wöcke, Albert

Abstract

The global strategies of three major South African MNEs are examined with a view to understanding the applicability of existing theories to developing country firms and their emergence as global industry leaders. Emerging market MNEs are motivated by both defensive and offensive considerations. At the same time, home market domination allows potential contenders to develop competitive firm-specific advantages that are non-location based. We propose that successful emerging market MNEs start to build their global positions on the back of asset exploitation, but soon follow with asset seeking behavior. When country specific advantages are less important, contenders can accelerate their development of non-location based FSAs rapidly. Finally, leadership and domestic dominance may be more important than country specific advantages in explaining the success of emerging market MNEs.

Suggested Citation

  • Klein, Saul & Wöcke, Albert, 2007. "Emerging global contenders: The South African experience," Journal of International Management, Elsevier, vol. 13(3), pages 319-337, September.
  • Handle: RePEc:eee:intman:v:13:y:2007:i:3:p:319-337
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    References listed on IDEAS

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    Cited by:

    1. Stoian, Carmen, 2013. "Extending Dunning's Investment Development Path: The role of home country institutional determinants in explaining outward foreign direct investment," International Business Review, Elsevier, vol. 22(3), pages 615-637.
    2. Heise, Heinke & Crisan, Alexandra & Theuvsen, Ludwig, 2015. "The Poultry Market in Nigeria: Market Structures and Potential for Investment in the Market," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 18(A).
    3. Alessia Amighini & Claudio Cozza & Elisa Giuliani & Roberta Rabellotti & Vittoria Scalera, 2015. "Multinational enterprises from emerging economies: what theories suggest, what evidence shows. A literature review," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 42(3), pages 343-370, September.
    4. repec:spr:manint:v:52:y:2012:i:5:d:10.1007_s11575-011-0115-y is not listed on IDEAS
    5. Yuksel Ayden, 2015. "A Critical Review of Theoretical Perspectives on Emerging Economy Multinationals," European Journal of Economic and Political Studies, Fatih University, vol. 8(1), pages 19-42.

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