TY - BOOK AU - Williamson,Peter J. AU - Ramamurti,Ravi AU - Fleury,Afonso AU - Fleury,Maria Tereza Leme TI - The Competitive Advantage of Emerging Market Multinationals SN - 9781139506694 (ebook) AV - HD2932 .C65 2013 U1 - 338.8/891724 23 PY - 2013/// CY - Cambridge PB - Cambridge University Press KW - Competition, International N1 - Title from publisher's bibliographic system (viewed on 04 Apr 2016) N2 - Multinationals from Brazil, Russia, India and China, known as the BRIC countries, are a new and powerful force in global competition and are challenging the incumbency of much older global companies from the developed world. Emerging market multinational enterprises (EMNEs) now account for a quarter of foreign investment in the world, are a prolific source of innovation and make almost one in three cross-border acquisitions globally. Despite this, traditional theories of international business do not provide a satisfactory explanation of their behaviour or performance. The authors of this book shine new light on the rise of the EMNEs and how they have built a competitive advantage through innovation, novel configurations of their international value chains and the acquisition of companies overseas. Any manager, policy maker or researcher who wishes to understand the emergence of this new breed of multinational will find this book an invaluable resource UR - http://dx.doi.org/10.1017/CBO9781139506694 ER -