Old Wine in New Bottles: The Role of Emerging Market Multinationals in Advancing Ib Theory and Research: International Journal of Emerging Markets

In the first paper, the objective of this paper is to provide a critical overview of the recent phenomenon of outward foreign direct investment (OFDI) from China, from a more macro and historical perspective.

The paper also argues that OFDI from China is not yet so important and neither presents insurmountable challenges to the established literature on FDI.In the second article, the purpose of this paper is to examine the determinants of Greenfield Emerging Market (EM) Outward Foreign Direct Investment (OFDI) into the UK, a Developed Market (DM) host.

The paper offers up a range of policy implications for DM hosts.In the third article, this paper discusses the influence of SOEs on institutions.

We argue that in some cases there are differences in institutional shape between the shape that is actually demanded by an institution's institutional environment and the shape that the institution itself believes is demanded of its institutional framework.In the fourth article, this article confronts two classic theories (IPM and post-acquisition integration types) to several EMNEs strategies, exploring how their practices lead to extend and update existing models, within their initial conceptual frameworks.In the fifth article, drawing on the institutional perspective, this study investigates how state ownership moderates the relationships between political risk, inertia, and mimetic behavior, and the location choice of Chinese multinational enterprises (MNEs)In the sixth article, the purpose of this paper is to provide directions for advancing the research on determinants of outward FDI from India.

In addition to providing the synthesis of the theoretical debate and empirical studies, paper is, to the best of author's knowledge, the first one to present a conceptual framework relating institutions at sub-national level with the OFDI from India.In the seventh article, the purpose of this article is to re-assess the concept of ownership advantages in the light of successful international expansion of multinationals from emerging economies (EMNEs) and explore how these advantages are built.In the eighth article, this paper shows that existing theories, principally Dunning's OLI model, Mathews LLL model, and Rugman's version of internalization theory are unable to explain the rise of emerging market multinationals (EMMs).

The reason is that they over-emphasize the strategic importance of intangibles and ignore that of complementary local assets.In the ninth article, this paper introduces a new theoretical framework called the 'extended dual economy model' Based on the seminal work of Lewis (2014), it explains the sectoral specialisation of home countries and their firms and MNEs.