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Original Articles

The rise of multinationals from the third world

Pages 618-626 | Published online: 15 Nov 2007

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (7)

Loong Wong. (2012) The ‘Liability of Foreignness’: Chinese Investment in Australia. Transnational Corporations Review 4:4, pages 46-75.
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MatthiasJ. Brienen, MartijnJ. Burger & FrankG. van Oort. (2010) The Geography of Chinese and Indian Greenfield Investments in Europe. Eurasian Geography and Economics 51:2, pages 254-273.
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Lawrence Sáez & Crystal Chang. (2009) The political economy of global firms from India and China. Contemporary Politics 15:3, pages 265-286.
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Jaya Prakash Pradhan . (2004) The determinants of outward foreign direct investment: a firm‐level analysis of Indian manufacturing. Oxford Development Studies 32:4, pages 619-639.
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Andrés Franco & Philippe De Lombaerde. (2003) Latin American multinationals: A historical and theoretical approach* . Global Economic Review 32:1, pages 81-102.
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Henry Wai‐Chung Yeung. (1994) Third World multinationals revisited: A research critique and future agenda. Third World Quarterly 15:2, pages 297-317.
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C.M. Rogerson. (1986) Third World Multinationals and South Africa’s Decentralization Programme. South African Geographical Journal 68:2, pages 132-143.
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Articles from other publishers (65)

Arindam Mondal & Apalak Khatua. (2023) Ownership effects on direction of multinationality: Evidence from Indian EMNEs. Thunderbird International Business Review 65:5, pages 485-499.
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Mahendra PalMahendra Pal. 2023. Foreign Capital and Economic Growth in India. Foreign Capital and Economic Growth in India 1 22 .
Dominik Kopiński & Jarosław Jura. 2023. The Political Economy of Chinese FDI and Spillover Effects in Africa. The Political Economy of Chinese FDI and Spillover Effects in Africa 123 153 .
Rishika Nayyar, Jaydeep Mukherjee & Sumati Varma. (2021) Institutional distance as a determinant of outward FDI from India. International Journal of Emerging Markets 17:10, pages 2529-2557.
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Geng Tian. (2022) How Does Outward Foreign Direct Investment Affect Green Total Factor Productivity? Evidence from Increment and Quality Improvement. Sustainability 14:19, pages 11833.
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Gilbert Kofi Adarkwah & Tine Petersen Malonæs. (2020) Firm-specific advantages: a comprehensive review with a focus on emerging markets. Asia Pacific Journal of Management 39:2, pages 539-585.
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Włodzimierz Karaszewski & Małgorzata Jaworek. (2022) Zmiany aktywności inwestycyjnej za granicą największych przedsiębiorstw międzynarodowych. Przegląd Organizacji, pages 29-38.
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Shasha Zhao, Xiaohui Liu, Ulf Andersson & Oded Shenkar. (2022) Knowledge management of emerging economy multinationals. Journal of World Business 57:1, pages 101255.
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Runhui Lin & Jean Jinghan ChenRunhui Lin & Jean Jinghan Chen. 2022. The Theory and Application of Multinational Corporate Governance. The Theory and Application of Multinational Corporate Governance 5 23 .
Chris I. Enyinda, Maria Jade Catalan Opulencia, Mervyn Misajon & Gurumurthy Kalyanaran. (2019) Quantifying factors affecting MNE's Human Resource Management: Evidence from an emerging economy and implications for HR managers. Journal of Eastern European and Central Asian Research (JEECAR) 6:1, pages 131-144.
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Jan Knoerich. (2019) Re-orienting the paradigm: path dependence in FDI theory and the emerging multinationals. International Journal of Emerging Markets 14:1, pages 51-69.
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Helena Barnard & John M. Luiz. (2018) Escape FDI and the dynamics of a cumulative process of institutional misalignment and contestation: Stress, strain and failure. Journal of World Business 53:5, pages 605-619.
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Gianluigi Giorgioni. (2018) OFDI from China: a deliberately macro re-evaluation. International Journal of Emerging Markets 13:3, pages 434-459.
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琦 刘. (2018) “One Belt and One Road” Strategy and Corporate Performance—A Study on the Relationship and Mechanism. Finance 08:04, pages 179-189.
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C Villarreal. (2017) Las teorías de la localización de la inversión extranjera directa (IED): una aproximación. Revista Innovaciones de Negocios 1:2.
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Sundar Parthasarathy, Kirankumar S. Momaya & Shishir K. Jha. (2017) EMNEs venturing into advanced economies: Findings from comparative cases of two Indian MNEs. Thunderbird International Business Review 59:3, pages 437-454.
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Peter J. Buckley, Surender Munjal, Peter Enderwick & Nicolas Forsans. (2016) The role of experiential and non-experiential knowledge in cross-border acquisitions: The case of Indian multinational enterprises. Journal of World Business 51:5, pages 675-685.
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Robert Grosse. (2016) How emerging markets firms will become global leaders. International Journal of Emerging Markets 11:3, pages 274-287.
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Nádia Campos Pereira BruhnJuciara Nunes de AlcântaraDany Flávio TonelliRicardo Pereira ReisLuiz Marcelo Antonialli. (2016) Why Firms Invest Abroad? A Bibliometric Study on OFDI Determinants from Developing Economies. Global Business Review 17:2, pages 271-302.
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Mario Henrique Ogasavara, Gilmar Masiero, Marcio de Oliveira Mota & Lucas Souza. (2015) Pesquisa sobre empresas multinacionais brasileiras: análises descritivas e preditivas. Internext 10:2, pages 64-81.
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Rory Horner. (2015) Responding to the rising power “threat”. critical perspectives on international business 11:3/4, pages 285-300.
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Johann Fortwengel. 2015. Understanding the Dynamics of Global Inequality. Understanding the Dynamics of Global Inequality 245 268 .
Constanza Bianchi. (2014) Internationalisation of emerging market firms: an exploratory study of Chilean companies. International Journal of Emerging Markets 9:1, pages 54-78.
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Maximiliano Sosa Andrés, Peter Nunnenkamp & Matthias Busse. (2013) What Drives FDI from Non-traditional Sources? A Comparative Analysis of the Determinants of Bilateral FDI Flows. Economics 7:1.
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Witold Wiliński. (2013) What Do We Know about the Internationalization of Central and Eastern European Countries and Firms?. Comparative Economic Research. Central and Eastern Europe 16:2, pages 25-43.
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K. V. Mukundhan & M. K. Nandakumar. (2013) An Isomorphism Perspective to FDI‐Based Entry‐Mode Strategies of Emerging Market Firms — A Conceptual Model. Strategic Change 22:5-6, pages 259-269.
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Lilliana Lorena Avendaño Miranda. (2013) Del aprendizaje a la globalización: la influencia del mercado y las instituciones en las multinacionales chinas. Investigación Económica 72:285, pages 3-39.
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Sudhir Yadav. (2013) Building regulatory capabilities for pharmaceutical firms' internationalization. International Journal of Pharmaceutical and Healthcare Marketing 7:1, pages 58-74.
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Yiping HuangBijun Wang. (2021) Investing Overseas Without Moving Factories Abroad: The Case of Chinese Outward Direct Investment. Asian Development Review 30:1, pages 85-107.
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Olga E. Annushkina & Renata Trinca Colonel. (2013) Foreign market selection by Russian MNEs – beyond a binary approach?. Critical perspectives on international business 9:1/2, pages 58-87.
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Pavida Pananond. (2012) Moving along the value chain: Emerging Thai multinationals in globally integrated industries. Asian Business & Management 12:1, pages 85-114.
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Jian Xun Chen & Yan Luo. (2012) The Research on the Comparison of Geographic Distribution of FDI in BRIC. Advanced Materials Research 518-523, pages 6107-6110.
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O. A. Maltseva. (2011) Indian Outword Foreign Direct Investments. MGIMO Review of International Relations:3(18), pages 83-90.
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Rakhi Verma & Louis Brennan. (2011) The investment development path theory: evidence from India. International Journal of Emerging Markets 6:1, pages 74-89.
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J. Ramachandran & Anirvan Pant. 2010. The Past, Present and Future of International Business & Management. The Past, Present and Future of International Business & Management 231 265 .
Cassandra Sweet. (2010) Indian pharmaceuticals in Brazil: emerging multinationals in emerging markets. International Journal of Emerging Markets 5:3/4, pages 398-422.
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Sergey Filippov. (2010) Russian companies: the rise of new multinationals. International Journal of Emerging Markets 5:3/4, pages 307-332.
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Andrea Goldstein & Fazia Pusterla. (2010) Emerging economies' multinationals. International Journal of Emerging Markets 5:3/4, pages 289-306.
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Peter Gammeltoft, Jaya Prakash Pradhan & Andrea Goldstein. (2010) Emerging multinationals: home and host country determinants and outcomes. International Journal of Emerging Markets 5:3/4, pages 254-265.
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Lin Yuan & Nitin Pangarkar. (2010) Inertia versus mimicry in location choices by Chinese multinationals. International Marketing Review 27:3, pages 295-315.
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Yu‐Ching Chiao, Fang‐Yi Lo & Chow‐Ming Yu. (2010) Choosing between wholly‐owned subsidiaries and joint ventures of MNCs from an emerging market. International Marketing Review 27:3, pages 338-365.
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Mehmet Demirbag, Ekrem Tatoglu & Keith W. Glaister. (2010) Institutional and transaction cost determinants of Turkish MNEs' location choice. International Marketing Review 27:3, pages 272-294.
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Yung‐Chul Kwon. (2010) Market orientation of Korean MNC subsidiaries and their performance in the Chinese and Indian markets. International Marketing Review 27:2, pages 179-199.
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Peter J. BuckleyPeter J. Buckley, Adam Cross, Hui Tan, Xin Liu & Hinrich Voss. 2010. Foreign Direct Investment, China and the World Economy. Foreign Direct Investment, China and the World Economy 119 162 .
Nandita Dasgupta. 2010. The Rise of Indian Multinationals. The Rise of Indian Multinationals 187 232 .
Nitin Pangarkar & Lin Yuan. (2009) Location in Internationalization Strategy: Determinants and Consequences. Multinational Business Review 17:2, pages 37-68.
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Tao (Tony) Gao & Talin E. Sarraf. (2009) What Causes Multinational Companies to Increase Resource Commitments During Financial Crises in Emerging Markets?. Multinational Business Review 17:2, pages 13-36.
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Constanza Bianchi. (2009) Retail internationalisation from emerging markets: case study evidence from Chile. International Marketing Review 26:2, pages 221-243.
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Peter J. Buckley, Adam R. Cross, Hui Tan, Liu Xin & Hinrich Voss. (2009) Historic and Emergent Trends in Chinese Outward Direct Investment. Management International Review 48:6, pages 715-748.
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Hui Xu, Yiqian Wan & Degui Pei. (2008) A study on risk perception and risk identification in the internationalization process of chinese hi-tech enterprises. Frontiers of Business Research in China 2:3, pages 458-481.
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Mehmet Demirbag & Ekrem Tatoglu. (2008) Competitive strategy choices of Turkish manufacturing firms in European Union. Journal of Management Development 27:7, pages 727-743.
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Pavida Pananond. (2007) The changing dynamics of Thai multinationals after the Asian economic crisis. Journal of International Management 13:3, pages 356-375.
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Amin Amini. (2004) The distributional role of small business in development. International Journal of Social Economics 31:4, pages 370-383.
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Nitin Pangarkar. 2004. Handbook of Asian Management. Handbook of Asian Management 155 205 .
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Hal Hill. (2005) Foreign Investment and East Asian Economic Development. Asian-Pacific Economic Literature 4:2, pages 21-58.
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Premachandra Athukorala & S. K. Jayasuriya. (2009) PARENTAGE AND FACTOR PROPORTIONS: A COMPARATIVE STUDY OF THIRD‐WORLD MULTINATIONALS IN SRI LANKAN MANUFACTURING * . Oxford Bulletin of Economics and Statistics 50:4, pages 409-423.
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Sanjaya Lall. (1986) Technological development and export performance in LDCs: Leading engineering and chemical firms in India. Weltwirtschaftliches Archiv 122:1, pages 80-92.
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G. J. R. Linge. (1984) Developing­Country Multinationals: A Review of the Literature. Pacific Viewpoint 25:2, pages 173-195.
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Yiping Huang & Bijun Wang. (2013) Investing Overseas without Moving Factories Abroad: The Case of Chinese Outward Direct Investment. SSRN Electronic Journal.
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Peter Nunnenkamp, Maximiliano Sosa Andres, Krishna Chaitanya Vadlamannati & Andreas Waldkirch. (2012) What Drives India's Outward FDI?. SSRN Electronic Journal.
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Hal Hill & Juthathip Jongwanich. (2011) Asia Rising: Emerging East Asian Economies as Foreign Investors. SSRN Electronic Journal.
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Jaya Prakash Pradhan. (2009) Emerging Multinationals from India and China: Origin, Impetus and Growth. SSRN Electronic Journal.
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Jaya Prakash Pradhan. (2008) Indian Direct Investment in Developing Countries: Emerging Trends and Development Impacts. SSRN Electronic Journal.
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Jaya Prakash Pradhan. (2007) Growth of Indian Multinationals in the World Economy: Implications for Development. SSRN Electronic Journal.
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