Discuss the reasons for the growth of MNEs from emerging economies from a theoretical perspective. How are they able to compete with established ‘western’ MNEs? Why can’t their internationalization be explained by traditional theories? Do you agree that geographic, cultural, institutional and historic factors act as the main determinants of the relative success of emerging market MNEs? Argue your case with examples.

Discuss the reasons for the growth of MNEs from emerging economies from a theoretical perspective. How are they able to compete with established ‘western’ MNEs? Why can’t their internationalization be explained by traditional theories? Do you agree that geographic, cultural, institutional and historic factors act as the main determinants of the relative success of emerging market MNEs? Argue your case with examples.