Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies
The purpose of this paper is to analyse the determinants of global expansion strategies of newcomer Multinational Corporations (MNCs) by focusing on Iceland, Israel and Ireland. We argue that newcomer MNCs from small open economies pursue complex global expansion strategies (CGES). We distinguish fo...
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ftrepec:oai:RePEc:eee:worbus:v:47:y:2012:i:4:p:686-695 2024-04-14T08:13:32+00:00 Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies Oladottir, Asta Dis Hobdari, Bersant Papanastassiou, Marina Pearce, Robert Sinani, Evis http://www.sciencedirect.com/science/article/pii/S1090951611000770 unknown http://www.sciencedirect.com/science/article/pii/S1090951611000770 article ftrepec 2024-03-19T10:29:21Z The purpose of this paper is to analyse the determinants of global expansion strategies of newcomer Multinational Corporations (MNCs) by focusing on Iceland, Israel and Ireland. We argue that newcomer MNCs from small open economies pursue complex global expansion strategies (CGES). We distinguish four different types of global expansion strategies, namely, horizontal, vertical, lateral integration, and risk diversification. Building upon the traditions of Caves and Dunning and applying a multinomial logistic approach, we model CGES as a function of firm and country specific factors. The empirical evidence suggests that newcomer MNCs move away from simplistic dualities in the formulation of their strategic choices towards more complex options as a means of maintaining and enhancing their global competitiveness. MNCs; Complex global expansion strategies; Iceland; Ireland; Israel; Article in Journal/Newspaper Iceland RePEc (Research Papers in Economics) Newcomer ENVELOPE(-58.100,-58.100,-62.025,-62.025) |
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Open Polar |
collection |
RePEc (Research Papers in Economics) |
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ftrepec |
language |
unknown |
description |
The purpose of this paper is to analyse the determinants of global expansion strategies of newcomer Multinational Corporations (MNCs) by focusing on Iceland, Israel and Ireland. We argue that newcomer MNCs from small open economies pursue complex global expansion strategies (CGES). We distinguish four different types of global expansion strategies, namely, horizontal, vertical, lateral integration, and risk diversification. Building upon the traditions of Caves and Dunning and applying a multinomial logistic approach, we model CGES as a function of firm and country specific factors. The empirical evidence suggests that newcomer MNCs move away from simplistic dualities in the formulation of their strategic choices towards more complex options as a means of maintaining and enhancing their global competitiveness. MNCs; Complex global expansion strategies; Iceland; Ireland; Israel; |
format |
Article in Journal/Newspaper |
author |
Oladottir, Asta Dis Hobdari, Bersant Papanastassiou, Marina Pearce, Robert Sinani, Evis |
spellingShingle |
Oladottir, Asta Dis Hobdari, Bersant Papanastassiou, Marina Pearce, Robert Sinani, Evis Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies |
author_facet |
Oladottir, Asta Dis Hobdari, Bersant Papanastassiou, Marina Pearce, Robert Sinani, Evis |
author_sort |
Oladottir, Asta Dis |
title |
Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies |
title_short |
Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies |
title_full |
Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies |
title_fullStr |
Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies |
title_full_unstemmed |
Strategic complexity and global expansion: An empirical study of newcomer Multinational Corporations from small economies |
title_sort |
strategic complexity and global expansion: an empirical study of newcomer multinational corporations from small economies |
url |
http://www.sciencedirect.com/science/article/pii/S1090951611000770 |
long_lat |
ENVELOPE(-58.100,-58.100,-62.025,-62.025) |
geographic |
Newcomer |
geographic_facet |
Newcomer |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
http://www.sciencedirect.com/science/article/pii/S1090951611000770 |
_version_ |
1796311542237495296 |