TY - JOUR
T1 - Emerging market multinationals' location choice
T2 - The role of firm resources and internationalization motivations
AU - Jain, Naveen K.
AU - Lahiri, Somnath
AU - Hausknecht, Douglas R.
PY - 2013/4
Y1 - 2013/4
N2 - Purpose: Location choice made by emerging market multinationals (EMMs) constitutes an important yet somewhat neglected topic in business research. The purpose of this paper is to develop a research framework that elucidates the role of EMM-specific resources and internationalization motivations on the location choice of EMMs. Design/methodology/approach: The literature pertaining to firm-specific resources and internationalization motivations as determinants of location choice is reviewed. This leads to the development of a research framework that takes into account various combinations of resources and motivations in explaining the location choice of EMMs. The paper offers research propositions by linking resources, motivations, and the appropriate choice of locations. Findings: The paper illustrates that location choices of EMMs are determined by the interplay of various resources (relationship-based, home experiences-based, and country created assets-based) and internationalization motivations (market-seeking, asset-seeking, and resource-seeking). Originality/value: The paper investigates the simultaneous influence of two important determinants: firm-specific resources and internationalization motivations on the location choices of EMMs. Prior literature has extolled the importance of these factors in international business but not in the context of the location choices of EMMs. Thus, this paper fills an important void in business scholarship.
AB - Purpose: Location choice made by emerging market multinationals (EMMs) constitutes an important yet somewhat neglected topic in business research. The purpose of this paper is to develop a research framework that elucidates the role of EMM-specific resources and internationalization motivations on the location choice of EMMs. Design/methodology/approach: The literature pertaining to firm-specific resources and internationalization motivations as determinants of location choice is reviewed. This leads to the development of a research framework that takes into account various combinations of resources and motivations in explaining the location choice of EMMs. The paper offers research propositions by linking resources, motivations, and the appropriate choice of locations. Findings: The paper illustrates that location choices of EMMs are determined by the interplay of various resources (relationship-based, home experiences-based, and country created assets-based) and internationalization motivations (market-seeking, asset-seeking, and resource-seeking). Originality/value: The paper investigates the simultaneous influence of two important determinants: firm-specific resources and internationalization motivations on the location choices of EMMs. Prior literature has extolled the importance of these factors in international business but not in the context of the location choices of EMMs. Thus, this paper fills an important void in business scholarship.
KW - Emerging market multinationals
KW - Emerging markets
KW - Firm resources
KW - Internationalization motivations
KW - Location
KW - Location choice
KW - Multinational companies
UR - http://www.scopus.com/inward/record.url?scp=84878236208&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84878236208&partnerID=8YFLogxK
U2 - 10.1108/09555341311314816
DO - 10.1108/09555341311314816
M3 - Article
AN - SCOPUS:84878236208
SN - 0955-534X
VL - 25
SP - 263
EP - 280
JO - European Business Review
JF - European Business Review
IS - 3
ER -