Dear AIB List serve Moderator:

Please post the following announcement.

*Theoretical and Empirical Research on the Internationalization of Latin 
American Enterprises*

*Call for Papers for a special issue of the /Journal of Business Research/*

*Guest Editors:* Luciano Ciravegna (Royal Holloway, University of 
London; INCAE), Sumit K. Kundu (Florida International University), Luis 
Lopez (INCAE)

*Submission Deadline: September 15, 2014*

Since 2008-2009 emerging markets generate the lion share of the world's 
economic growth. As a result, managers and business scholars have 
focused their attention on studying the dynamics of emerging markets 
(Buckley, Clegg, Cross, Liu, Voss, and Zheng, 2007;Cavusgil, Ghauri, and 
Akcal, 2012;Guillen and Garcia-Canal, 2012; Khanna and Palepu, 2010: 
Ciravegna, Fitzgerald and Kundu, 2013; Wright, Filatotchev, Hoskisson, 
and Peng, 2005). The rise of multinational companies from emerging 
markets is becoming a major phenomenon (Ramamurti and Singh, 2009; 
Cuervo-Cazurra, 2012; Luo and Rui, 2009; Yamakawa, Peng and Deeds, 2008).

Emerging market multinationals (EMNEs) internationalize differently from 
developed economy multinationals (Guillén and García-Canal, 2009; Luo 
and Rui, 2009; Matthews, 2007; Yiu, Lau and Bruton, 2007). According to 
Luo and Tang's (2007) "springboard perspective", EMNEs internationalize 
before reaching a stage of maturity in domestic markets because 
internationalization nurtures the acquisition of capabilities and assets 
that they may lack. Some scholars reject this view, positing that EMNEs 
behave similarly to multinationals based in developed economies, only 
they have different sets of country specific and firm specific 
advantages (Narula, 2012). Finally, some scholars point that EMNEs may 
internationalize in order to escape from difficult conditions in their 
domestic economies or to pursue opportunities in an entrepreneurial 
fashion (Khanna and Palepu, 2010; Madhok and Keyhani, 2012).

Most of the studies on which EMNEs theories focus on a very small number 
of emerging markets especially China and India (Ciravegna, Fitzgerald, 
and Kundu, 2013). Several Latin American firms have internationalized in 
aggressive and innovative ways, often outcompeting established players 
(Casanova, 2009). Latin American firms are now among the world global 
players in several industries, ranging from cement (Cemex), to aerospace 
(Embraer), bread (Bimbo), sweets (Arcor), and wine (Concha y Toro) 
(Guillén and García-Canal, 2009). However, our understanding of 
internationalization strategy of Latin American firms remains 
shallow(Pérez-Batres, Pisani, & Doh, 2010). International business 
scholars point that Latin American firms internationalize rather 
regionally, though the number of empirical studies examining the 
phenomenon is limited, and tends to focus on a few well known cases, 
whereas the majority of Latin American firms, including mid-sized 
multinational companies, have thus far been under the radar of 
scientific research (Casanova, 2009; Lopez, Ciravegna and Kundu, 2009; 
Rugman and Verbeke, 2004). The result is an empirical gap with regards 
to the generalizability of EMNE theories to Latin American firms.

Do Latin American firms behave similarly to the Chinese and Indian firms 
that have been discussed more thorougly by the international business 
literature? Or do they behave more in line with developed economy 
multinationals, internationalizing gradually as they accumulate 
resources and capabilities?

This special edition of /JBR/ aims to contribute to the debate on 
emerging market multinationals by inviting scholarly articles focusing 
on the internationalization of firms based in Latin America. We are 
particularly interested in new studies, which use fresh empirical 
evidence to examine whether and how the internationalization of Latin 
American firms corresponds to the EMNE theories (e.g. springboard 
perspective, institutional void perspective, linkage-leverage-learning 
perspective), or whether they follow conventional IB theories (e.g. 
eclectic paradigm, resource based view, gradual internationalization 
process model, internalization theory, and network theory).

The guest editors seek studies focusing on firm internationalization 
based on one or multiple countries of Latin America. The contributions 
can tackle, among others, the following research questions:

- Which theories from the international business, international 
entrepreneurship, and international marketing fields are suited to 
explain the internationalization of Latin American companies?

-Does the internationalization of Latin American enterprises contribute 
to the development of emerging markets multinational enterprises (EMNEs) 

theories? How?

-Do the springboard and linkage-leverage-learning perspectives apply to 
Latin American firms?

-What explains the speed and scope of internationalization of Latin 
American firms?

-What are the motives for internationalizing of Latin American firms?

-How important are ownership and the composition of the management team 
for the internationalization of Latin American firms?

-Does the eclectic paradigm explain the internationalization of Latin 
American firms?

-Do institutional characteristics contribute to explain the 
international behavior of Latin American companies?

To submit your work, please email your paper to Luciano Ciravegna at 
[log in to unmask]

All papers accepted in an initial screening will enter double-blind peer 
review process.

Submissions will be limited to 50 pages of text and up to ten figures 
and tables.Submissions must comply to the /JBR/ style requirements.For 
JBR style requirements, go to



Buckley, P. J., Clegg, L. J., Cross, A. R., Liu, X., Voss, H., & Zheng, 
P. (2007). The determinants of Chinese outward foreign direct 
investment. /Journal of International Business Studies/, /38/(4), 499-518.

Casanova, L. (2009). /Global Latinas [Electronic book]: Latin America's 
emerging multinationals/. Palgrave Macmillan.

Cavusgil, S. T., Ghauri, P. N., & Akcal, A. A. (2012). /Doing business 
in emerging markets/. Sage.

Ciravegna, L.; Fitzgerald, R., & Kundu, S. (2013) /Operating in emerging 
markets/. Financial Times (FT) Press, Pearson, New York, USA.

Ciravegna, L.; Lopez, L. & Kundu, S. (2013) "Country of origin and 
network effects on internationalization: A comparative study of SMEs 
from an emerging and developed economy 
/Journal of Business Research/,

Ciravegna, L.; Lopez, L. & Kundu, S. (2009) "Born Global or Born 
Regional? Evidence from an exploratory study in the Costa Rican Software 
Industry", /Journal of International Business Studies/, Vol. 40 (7): 

Contractor, F. J., Kumar, V., & Kundu, S. K. (2007). Nature of the 
relationship between international expansion and performance: The case 
of emerging market firms. /Journal of World Business/, /42/(4), 401-417.

Cuervo-Cazurra, A. (2012). Extending theory by analyzing developing 
country multinational companies: solving the goldilocks debate. /Global 
Strategy Journal/, /2/(3), 153-167.//

  Guillén, M. F., & García-Canal, E. (2009). The American model of the 
multinational firm and the "new" multinationals from emerging economies. 
/The Academy of Management Perspectives/, /23/(2), 23-35.

  Guillén, M. F., & García-Canal, E. (2012) Emerging markets rule. 
McGraw Hill, US.

Khanna, T., & Palepu, K. G. (2010). /Winning in emerging markets: A road 
map for strategy and execution/. Harvard Business Press.

Hoskisson, R. E., Eden, L., Lau, C. M., & Wright, M. (2000). Strategy in 
emerging economies. /Academy of Management Journal/, /43/(3), 249-267.

Luo YD/, /Rui HC/. /2009/. /An ambidexterity perspective toward 
multinational enterprises from emerging economies/. Academy of 
Management Perspectives /23/(/4/): /49/--/70.

Luo, Y., & Tung, R. L. (2007). International expansion of emerging 
market enterprises: A springboard perspective. /Journal of International 
Business Studies/, /38/(4), 481-498.

Mathews, J. A. (2006). Dragon multinationals: New players in 21st 
century globalization. /Asia Pacific Journal of Management/, /23/(1), 5-27.

Madhok, A., & Keyhani, M. (2012). Acquisitions as entrepreneurship: 
asymmetries, opportunities, and the internationalization of 
multinationals from emerging economies. /Global Strategy Journal/, 
/2/(1), 26-40.

Narula, R. (2012). Do we need different frameworks to explain infant 
MNEs from developing countries? /Global Strategy Journal/, /2/(3), 188-204.

Peng M.W./, /Wang D.Y.L./, /Jiang Y/. /2008/. /An institution-based view 
of international business strategy: a focus on emerging economies/. 
Journal of International Business Studies /39/(/5/): /920/--/936/.///

Pérez-Batres, L.A., Pisani, M.J., & Doh, J.P. 2010. Latin America's 
Contribution to IB Scholarship. /Academy of International Business 
Insights, 10(1): 3-7.///

Ramamurti, R., & Singh, J. V. (Eds.). (2009). /Emerging multinationals 
in emerging markets/. Cambridge University Press.

Ramamurti, R. (2012). What is really different about emerging market 
multinationals? /Global Strategy Journal/, /2/(1), 41-47.

Rugman, A. M., & Verbeke, A. (2004). A perspective on regional and 
global strategies of multinational enterprises. /Journal of 
International Business Studies/, /35/(1), 3-18.

Yamakawa, Y., Peng, M. W., & Deeds, D. L. (2008). What drives new 
ventures to internationalize from emerging to developed economies? 
/Entrepreneurship Theory and Practice/, /32/(1), 59-82.

Yiu, D. W., Lau, C., & Bruton, G. D. (2007). International venturing by 
emerging economy firms: the effects of firm capabilities, home country 
networks, and corporate entrepreneurship. /Journal of International 
Business Studies/, /38/(4), 519-540.

Wright, M., Filatotchev, I., Hoskisson, R. E., & Peng, M. W. (2005). 
Strategy Research in Emerging Economies: Challenging the Conventional 
Wisdom*. /Journal of Management Studies/, /42/(1), 1-33.


*Dr. Sumit K. Kundu
James K. Batten Eminent Scholar Chair in International Business
Academic Director - Master's in International Business program
Department of Management and International Business
College of Business Administration
Florida International University
345-B Ryder Business Building
11200 SW 8 Street
Miami, FL 33199
Telephone: (305) 348-3251
Fax:       (305) 348-6146
Email:     [log in to unmask]


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