CORDIS Project
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This project investigates how Latin American multinational corporations' European subsidiaries influence innovation and knowledge exchange between their headquarters and host economies. It aims to identify patterns of knowledge flows and the competitive advantages these subsidiaries may develop or acquire abroad.
Firms from emerging countries are increasingly expanding their global presence by directly investing abroad and becoming multinationals on their own right.
Those so-called emerging multinationals (E-MNCs) are gaining space in the global business arena, largely dominated by multinationals from the triadic countries.
Studies so far have focused on the factors driving E-MNCs to engage in foreign direct investment. A central issue is whether the E-MNCs possess competitive advantages that can be expl…
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