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    Resources, Aspirations, and Emerging Multinationals

    Access Status
    Fulltext not available
    Authors
    Xie, E.
    Huang, Y.
    Peng, Mike
    Zhuang, G.
    Date
    2016
    Type
    Journal Article
    
    Metadata
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    Citation
    Xie, E. and Huang, Y. and Peng, M. and Zhuang, G. 2016. Resources, Aspirations, and Emerging Multinationals. Journal of Leadership and Organizational Studies. 23 (2): pp. 144-161.
    Source Title
    Journal of Leadership and Organizational Studies
    DOI
    10.1177/1548051816633068
    ISSN
    1548-0518
    School
    School of Management
    URI
    http://hdl.handle.net/20.500.11937/50162
    Collection
    • Curtin Research Publications
    Abstract

    Drawing on the resource-based view and the behavioral theory of the firm, we examine how resources and aspirations affect rapid internationalization of firms from emerging economies. Using a 5-year panel from 257 publicly listed manufacturing firms from China, we find that neither technological resources nor marketing resources—two knowledge-based drivers traditionally identified to be behind internationalization—directly drive these firms’ growth in internationalization. Instead, we find that emerging multinationals’ performance relative to aspirations has a U-shaped impact on their growth in internationalization. In addition, technological resources amplify the U-shaped effect of performance relative to aspirations, while marketing resources weaken the effect.

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