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- Vahlne, Jan-Erik, 1941, et al.
(författare)
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Are multinational enterprises in retreat?
- 2018
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Ingår i: Multinational Business Review. - : Emerald. - 1525-383X. ; 26:2, s. 94-110
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Tidskriftsartikel (refereegranskat)abstract
- Purpose This paper aims to contribute to the debate concerning the asserted end of the globalization process. Design/methodology/approach This paper is a description of the evolution of all Swedish MNEs, the 50 largest companies and the ten truly global MNEs, building on data compiled by the authors, mainly from annual reports. Findings The largest Swedish MNEs have continued to globalize and have at the same time improved their financial performance during the period of study, 2010-2016. Practical implications The proposition that multinationals are heading home cannot be confirmed in the Swedish case. There is therefore a need to compare Swedish experiences with other national examples to better generalize the findings. Social implications The political decisions regarding external trade and foreign direct investment should support continuous liberalization and facilitation of cross-border economic interaction. Originality/value As Swedish MNEs are more globalized than the average in advanced economies, this study offers insight into the contemporary internationalization process.
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- Vahlne, Jan-Erik, 1941, et al.
(författare)
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The globalization of Swedish MNEs: Empirical evidence and theoretical explanations
- 2014
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Ingår i: Journal of International Business Studies. - : Springer Science and Business Media LLC. - 0047-2506 .- 1478-6990. ; 45:3, s. 227-247
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Tidskriftsartikel (refereegranskat)abstract
- We define globalization as the geographical dispersion of multinational enterprises (MNEs)’ value chain, in combination with increased inter-regional coordination, and use detailed firm-level data to show that 12 of Sweden’s 17 largest manufacturing companies indeed are global. By developing a Globalization Process Model we theoretically argue, in contrast to much of the existing literature, that globalization may evolve to a more general phenomenon. The globalization process is tortuous as MNEs have to develop dynamic capabilities which make them gradually more competitive and able to cope with varying institutional contexts. Empirical testing on globalization of MNEs originating from other home countries is suggested.
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