The Influence of Domestic Economic Agents on the International Competitiveness of Latin American Firms: Evidence from Peruvian Small and Medium Multinational Enterprises
- 1 November 2014
- journal article
- research article
- Published by Taylor & Francis in Emerging Markets Finance and Trade
- Vol. 50 (6) , 229-248
Abstract
We evaluate how home-country economic agents (government, universities and research centers, and industry) affect the international competitiveness of small and medium multinational enterprises (SMNEs) of developing countries in Latin America. Drawing on a sample of 100 SMNEs of Peru, the main findings reveal that for Peruvian SMNEs, the government is a core economic agent. Competitiveness of SMNEs also depends on the relationships they have with companies operating in the same industry. Universities and research centers do not have a positive effect on the international competitiveness of SMNEs. The study both advances theory and offers practical adviceKeywords
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