- Collaborative innovation within Chinese MNCs’ international networks: the role of cultural and institutional distances
- Book title
- Emerging Market Multinationals in Europe
- Pages (from-to)
- London: Routledge
- ISBN (electronic)
- Routledge advances in international political economy
- Volume | Edition (Serie)
- Document type
- Faculty of Economics and Business (FEB)
- Amsterdam Business School Research Institute (ABS-RI)
Introduction Emerging market multinational companies (EMNCs) have achieved impressive competitive positions in the global economy in a relatively short time. A key to explaining their rapid surge can be found in their strategies to fill the technological gap that has traditionally characterized firms from emerging economies (Kumar and Russell 2002; Awate et al. 2012). In fact, innovative and technical competencies are critical for EMNCs, as long as they aim at creating a sustainable competitive advantage to effectively compete with MNCs from advanced economies in the global marketplace and to participate in the high value-added stages of the global value chain (Mudambi 2008).
- Final publisher version
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