Template-type: ReDif-Paper 1.0
Author-Name: Narula R. 
Author-workplace-name: UNU-MERIT
Title: The viability of sustained growth by India's MNEs: India's dual economy and constraints from location assets
Abstract: This paper considers the longer-term viability of the  internationalization and success of Indian MNEs. We apply the dual  economy concept Lewis 1954, to reconcile the contradictions of the  typical emerging economy, where a modern knowledge-intensive economy  exists alongside a traditional resource-intensive economy. Each type  of economy generates firms with different types of ownership advantages,  and hence different types of MNEs and internationalization patterns. We  also highlight the vulnerabilities of a growth-by-acquisitions approach.  The potential for Indian MNEs to grow requires an understanding of  Indias dual economy and the constraints from the home countrys  location advantages, particularly those in its knowledge infrastructure.
Keywords: Multinational Firms; International Business; Globalization: Policy; Management of Technological Innovation and R&D; 
Classification-JEL: F23; F68; O32; .
Series:  Working Papers
Creation-Date: 2014
Number: 062
File-URL: http://pub.maastrichtuniversity.nl/7255a712-2839-4f01-b0ff-385120d05703
File-Format: application/pdf
File-Size: 223862
Handle: RePEc:unm:unumer:2014062