We present a discrete choice model that analyses the location and control dilemmas of internationalising firms. The model relates simultaneously to a foreign market and to a foreign resource abundant country, and distinguishes between costs of performing specific value adding activities, costs...

The paper presents a model that evaluates how upgraded technological capabilities of emerging country based multinationals (EMNCs) and an increase in the domestic market size of large emerging countries affect value chain location choices and the competitiveness of emerging country based firms...