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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ftzayeduniv:oai:zuscholars.zu.ac.ae:works-4219 2023-05-15T16:47:00+02:00 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 2012-10-01T07:00:00Z https://zuscholars.zu.ac.ae/works/3220 https://doi.org/10.1016/j.jwb.2011.08.003 unknown ZU Scholars https://zuscholars.zu.ac.ae/works/3220 https://doi.org/10.1016/j.jwb.2011.08.003 All Works Complex global expansion strategies Iceland Ireland Israel MNCs Business text 2012 ftzayeduniv https://doi.org/10.1016/j.jwb.2011.08.003 2023-01-04T07:51:31Z 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. © 2011 Elsevier Inc. Text Iceland ZU Scholars (Zayed University) Newcomer ENVELOPE(-58.100,-58.100,-62.025,-62.025) Journal of World Business 47 4 686 695 |
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ZU Scholars (Zayed University) |
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ftzayeduniv |
language |
unknown |
topic |
Complex global expansion strategies Iceland Ireland Israel MNCs Business |
spellingShingle |
Complex global expansion strategies Iceland Ireland Israel MNCs Business 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 |
topic_facet |
Complex global expansion strategies Iceland Ireland Israel MNCs Business |
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. © 2011 Elsevier Inc. |
format |
Text |
author |
Oladottir, Asta Dis Hobdari, Bersant Papanastassiou, Marina Pearce, Robert Sinani, Evis |
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 |
publisher |
ZU Scholars |
publishDate |
2012 |
url |
https://zuscholars.zu.ac.ae/works/3220 https://doi.org/10.1016/j.jwb.2011.08.003 |
long_lat |
ENVELOPE(-58.100,-58.100,-62.025,-62.025) |
geographic |
Newcomer |
geographic_facet |
Newcomer |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
All Works |
op_relation |
https://zuscholars.zu.ac.ae/works/3220 https://doi.org/10.1016/j.jwb.2011.08.003 |
op_doi |
https://doi.org/10.1016/j.jwb.2011.08.003 |
container_title |
Journal of World Business |
container_volume |
47 |
container_issue |
4 |
container_start_page |
686 |
op_container_end_page |
695 |
_version_ |
1766037110934994944 |