This is the first book that provides a comprehensive inter-regional comparison of Asian and European multinationals from large (China and Russia) and medium-sized (Taiwan) emerging markets. Utilizing novel findings of the top-notch theoretical research on internationalization of emerging market multinational enterprises, the book shows selected empirical evidence that some emerging multinationals from the respective countries have successfully nurtured their competitive advantages by an effective synthesis of both globalization and domestic market benefits.

Multinational enterprises from emerging markets have become an essential part of the world economy in the twenty-first century. The book introduces distinctive examples of emerging market multinationals from Asia and Europe that are no longer simple suppliers to the world-famous brand firms from developed countries.

The book is a rarity in that it attempts to link the micro-analysis of specific features and strategies of emerging multinationals with the macro-analysis of foreign direct investment and global value chain participation of the respective countries.

The book is valuable for both scholars and students in the fields of international business, international economics, and international political economy as well as for businesspeople aiming to enhance their understanding of the heterogeneity and complexity of multinationals from emerging markets.

Compares Asian and European multinationals from both large and medium-sized emerging market economies Highlights the enhanced role of emerging market multinationals in the world economy Introduces examples of emerging market multinationals that have nurtured their competitive advantages

Autorentext

Yumiko Nakahara is a Professor at Kyushu Sangyo University. She has been involved in joint projects with companies worldwide, including those from emerging economies in Asia, in the Computer Division at Sharp Corporation. She earned her PhD in economics at Kyushu University. Her main concerns are the emerging multinationals especially from Taiwan, the international division of labor in the 21st century, and the international migration to and from Taiwan. She has headed various international joint research projects, and this book is the result of one of these research projects. Her main publication is International Labor Mobility to and from Taiwan from Springer.

Inhalt

Chapter 1 Introduction.- Chapter 2 China Overseas Expansion of Chinese Manufacturing Companies From the Perspective of GVC.- Chapter 3 Taiwan Foreign Direct Investment and Multinationals from Taiwan Recent Trends and Cases.- Chapter 4 Russia Economic Sanctions and Structural Changes in the Internationalization Strategies of Russian Financial Multinationals.