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3575 results in International business

Page 33 of 179

  • 9 - Internationalization Capabilities of Argentine Firms

  • Edited by Alvaro Cuervo-Cazurra, Northeastern University, Boston, William Newburry, Florida International University, Seung Ho Park, Nanyang Technological University, Singapore
  • Book:
    Building Strategic Capabilities in Emerging Markets
    Published online:
    09 October 2020
    Print publication:
    22 October 2020, pp 207-234

  • Summary

    In the early twentieth century, Argentinean firms were among the first emerging market multinationals. More recently, international expansion has been conditioned by domestic economic and political turmoil. In this chapter, we analyze the internationalization strategies of seven Argentinean firms: Globant and Grupo ASSA (information technology), Grupo ARCOR (food processing), Bodega Lagarde (winemaking), Grupo Mirgor (consumer electronics), Grupo Bagó (pharmaceutic), and San Miguel (agriculture). We included firms that are in different stages of the international process: from exporters to multilatinas to operating beyond Latin America. We find that firm internationalization requires the development of strategic capabilities that complement those required to be successful in the domestic market. Whereas firms initially emphasize production capabilities and leverage cost advantages, over time they develop marketing capabilities related to understanding customer needs in different markets and managerial capabilities that allow for integrating the multinational organization. Our interviews with directors and senior managers highlight how perceptions of the business context condition the development of strategic capabilities and their deployment in international markets.

  • 15 - Examining Strategic Capabilities Across Emerging Markets and Their Firms

  • Edited by Alvaro Cuervo-Cazurra, Northeastern University, Boston, William Newburry, Florida International University, Seung Ho Park, Nanyang Technological University, Singapore
  • Book:
    Building Strategic Capabilities in Emerging Markets
    Published online:
    09 October 2020
    Print publication:
    22 October 2020, pp 359-382

  • Summary

    In this chapter, we integrated data obtained from the interviews conducted with business leaders from seventy-two companies across twelve emerging markets in five continents to better understand which capabilities leaders of emerging market multinationals identify as being strategic. In doing so, we examined which capabilities appear to be commonly assessed as being strategic across our study contexts, and which ones varied by industry, company multinationality, and country of origin. In particular, we examined emerging market companies headquartered in Eastern Europe (Russia and Poland), Asia (China, India, and Kazakhstan), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, and Peru) and Africa (South Africa). Looking across the various capabilities identified by the senior managers in our study, our results suggest that the strategic capabilities needed by emerging market firms to be successful outside their home markets occur at multiple levels, including management level, firm level, industry level, and national level. These capabilities influence both a firm’s ability to internationalize and its ability to be successful, abilities that often have reinforcing influences on each other.

Page 33 of 179