Following their predecessors’ journey? A review of EMNE studies and avenues for interdisciplinary inquiry |
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| Institution: | 1. Centre for International Business, University of Leeds, Leeds, United Kingdom;2. Australian National University, Canberra, Australia;3. Lee Kong Chian School of Business, Singapore Management University, Singapore, Singapore;4. Discipline of International Business, The University of Sydney Business School, Sydney, Australia;1. Full Professor of Marketing, EDHEC Business School, 24 avenue Gustave Delory – CS 50411, 59057 Roubaix Cedex 1, France;2. Full Professor of Business Analytics, IESEG School of Management, Univ. Lille, CNRS, UMR 9221 - LEM - Lille Economie Management, 3 Rue de la Digue, Lille, F-59000, France;3. Associate Professor of Sales Management, IESEG School of Management, Univ. Lille, CNRS, UMR 9221 - LEM - Lille Economie Management, 3 Rue de la Digue, Lille, F-59000, France;4. Full Professor of Strategy and International Business, Tongji University, School of Economics and Management, 1500 Siping Road, Shanghai 200092, China (at the time of preparing the article);1. University of Malta, Msida, Malta;2. Adam Smith Business School, University of Glasgow, Glasgow G12 8QQ;1. Brunel University London, United Kingdom;2. University of Bahrain, Bahrain;3. Northumbria University, United Kingdom;4. Sheffield Hallam University, United Kingdom;5. Durham University, United Kingdom |
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| Abstract: | In this review article we take stock of international business (IB) research on emerging economy multinational enterprises (EMNEs) over the past three decades. Our review covers 690 articles published in 64 high-impact peer-reviewed journals between 1990 and 2021 (inclusive). We first present bibliometric findings on some key patterns of this vast body of scholarly work. We then conduct content analysis to critically assess this literature and provide a multilevel synthesis of the existing knowledge base. To do so we propose a theoretical framework that highlights three dimensions – micro-foundations, organizational characteristics, and institutional environment – by which the distinction between EMNEs and their predecessors, namely multinational enterprises (MNEs) from advanced economies, is investigated. At each level, we seek to understand EMNEs’ convergence with and divergence from their predecessors in terms of their motives, strategies/approaches, and outcomes of internationalization. Through this process we identify opportunities to move EMNE research forward through interdisciplinary inquiry, and we propose several avenues for future research. |
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