Internationalization of emerging Indian multinationals:linkage, leverage and learning (LLL) perspective


The multi-polar world in which we now live and work demands re-examination and refinement of the traditional understanding of the internationalization strategies and competitive advantages of multinational firms by incorporating the characteristics of firms from emerging economies. Based on interviews in four Indian multinationals in different industry segments, we present the "voices" of Indian corporate leaders to provide preliminary evidence on the primary motives behind the internationalization process of emerging multinationals from the perspective of linkage, leverage and learning (LLL). We show how the case study organizations have evolved themselves to become credible global players by leveraging on their learning through targeted acquisitions in developed markets to acquire intangible assets and/or following global clients in search of new markets and competitive advantages.

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Divisions: Aston Business School > Work & Organisational Psychology
Aston Business School > Aston India Foundation for Applied Research
Aston Business School > Economics, Finance & Entrepreneurship
Aston Business School
Additional Information: © 2015, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
Uncontrolled Keywords: emerging market multinational enterprises,Indian multinationals,internationalization process,LLL framework,EMMNEs,Business and International Management,Marketing,Finance
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Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2016-02
Published Online Date: 2015-08-28
Accepted Date: 2015-06-24
Submitted Date: 2014-02-20
Authors: Thite, Mohan
Wilkinson, Adrian
Budhwar, Pawan ( 0000-0001-8915-6172)
Mathews, John A.

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