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Multilatinas enterprises (insights on the multinationalization process…
Multilatinas enterprises
They are companies that have their origin in Latin America and have an international presence
to understand..
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Time to start multinationalization
coded the year of their first FDI and compared this to the year
when they were created
This process begins at the root of the changes in the conditions of the country.
Location to start multinationalization
Companies will start in nearby countries to minimize the difficulties of operating in an unknown environment
the characteristics of the industry influence the decision on the country in which multinationalization begins
insights on the multinationalization process
Challenges
Need to develop sophisticated ownership
advantages to multinationalize
lack of knowledge about foreign markets becomes an impediment to the internationalization of the firm
Driver
Changes in the institutional conditions under which they operated
develop their ownership advantages to operate in the higher-competition environment
Location
start in countries that are proximate in culture and development
2.start in countries that are distant in culture and development
start in countries that are culturally proximate but distant in development
start in countries
that are culturally distant but proximate in development