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Configurations of home-country experience, leapfrog strategy, and management team composition for acceleration of international expansion: Evidence from Asian multinational enterprises

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Abstract

Asian multinational enterprises (MNEs) are latecomers in the world economy, but some have accelerated their international expansion pace and become significant players in the twenty-first century globalization. This study adopts the set-theoretic approach to explain the acceleration of international expansion among latecomer MNEs. Specifically, this study explores configurations of home-country experience, leapfrog strategy, and management team composition that contribute to some latecomer MNEs’ high acceleration of international expansion. The results suggest seven applicable configurations, reflecting three archetypes of latecomer MNEs that achieve high acceleration of international expansion. We named the three archetypes by employing metaphors of fast-moving animals: (1) newborn tigers, (2) safari lions, and (3) savannah cheetahs, which represent distinctive sub-breeds of latecomer MNEs in the new zoology of the present globalized world. The results offer unique insights into theoretical debates regarding the sufficiency of conventional international business theories for explaining the international expansion of latecomer MNEs.

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Acknowledgements

An earlier version of this manuscript was presented in the Journal of Management Studies Conference- Connecting Eastern & Western Perspectives on Management. We thank for valuable feedback provided by the Journal of Management Studies conference editors, reviewers and participants.

This research was funded by the Ministry of Science and Technology, R. O.C. (grant# MOST 104-2410-H-259-079).

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  1. National Dong Hwa University, No.1, Sec. 2, Da Hsueh Rd., Shoufeng, Hualien, 97401, Taiwan, Republic of China

    Wein-Hong Chen

  2. Oriental Institute of Technology, No. 58, Sec. 2, Sihchun Rd., Banciao, New Taipei County, 22061, Taiwan, Republic of China

    Yi-Yuan Liu

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Table 5 Coding categories for executives’ functional and industrial background
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Chen, WH., Liu, YY. Configurations of home-country experience, leapfrog strategy, and management team composition for acceleration of international expansion: Evidence from Asian multinational enterprises. Asia Pac J Manag 38, 709–733 (2021). https://doi.org/10.1007/s10490-019-09679-9

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