Open this publication in new window or tab >>2017 (English)In: African Journal of Science, Technology, Innovation and Development (AJSTID), ISSN 2042-1338, E-ISSN 2042-1346, Vol. 9, no 3, p. 539-555Article in journal (Refereed) Published
Abstract [en]
The paper explores the factors driving Outward Foreign Direct Investment (OFDI) by Emerging multinational enterprisess (EMNEs) and the patterns of knowledge transfer in six cases of EMNEs from three BRICS’ economies (India, China and South Africa). It found that there are significant differences between the OFDI from EMNEs and Developed multinational enterprise (DMNEs), which cannot be explained by using traditional FDI models. The way that EMNEs enter and operate in developed and developing countries are different. Knowledge transfers between EMNEs and developing host economies are predominantly one way and the former transfers more technology and knowledge than they gain. In the case of EMNEs and developed host economies, the knowledge and technology transfers appears to be more evenly matched, a two-way street benefitting both parties. The paper makes two major contributions: (i) it attempts to identify and distinguish the factors driving OFDI and patterns of knowledge transfer of OFDI from EMNEs and shows how they differ from DMNEs; (ii) it highlights aspects of OFDI by EMNEs such as expansion into countries outside their respective regions, and different patterns of technology and knowledge transfer in the South and North respectively.
Place, publisher, year, edition, pages
Taylor & Francis, 2017
Keywords
developing economies, DMNE, emerging economies, EMNE, outward foreign direct investment, latecomer strategy
National Category
Social Sciences
Identifiers
urn:nbn:se:mau:diva-2203 (URN)10.1080/20421338.2017.1359436 (DOI)000416709700005 ()2-s2.0-85031429535 (Scopus ID)24164 (Local ID)24164 (Archive number)24164 (OAI)
2020-02-272020-02-272024-06-17Bibliographically approved