This paper focuses on China's efforts to build a world-class aircraft manufacturing industry. In the first half of the 1990s, the potential of the Chinese industry to mount a competitive challenge to Western aircraft builders was largely discounted. Nowadays, the threat is taken more seriously....

The present article sheds light on the process that has allowed a firm from a developing economy to transform itself successfully from an original equipment manufacturer to an own original brand manufacturer multinational enterprise. We study the case of Arcelik, a consumer electronics MNE from...

The emergence of a "second wave" of developing-country multinational enterprises (MNEs) in a variety of industries is one of the characterizing features of globalization. These new MNEs did not delay their internationalisation until they were large, as did most of their predecessors, and often...

Purpose – Aims to analyze the process of internationalization of multinational corporations from emerging economies, and more broadly test the investment development path (IDP) hypothesis for Egypt. Design/methodology/approach – A combination of data analysis and company case studies to...

Purpose – The purpose of this paper is to present a framework for analyzing home and host country determinants and outcomes of emerging multinationals (EMNCs). Design/methodology/approach – The paper applies a conceptual approach combined with analyses of statistics and secondary material....

Purpose – The expansion of South‐North and South‐South foreign direct investment (FDI) reflects the rise of cross‐border capital flows, a distinguishing feature of the contemporary global economy, together with the increasing size and complexity of emerging market multinational...