Taking the long view of the multinational
ISSN: 1525-383X
Article publication date: 7 March 2023
Issue publication date: 20 March 2023
Abstract
Purpose
This paper argues for the benefits to international business (IB) of taking a much longer view at the engagement by multinational enterprises (MNEs) with host locations.
Design/methodology/approach
The authors showcase a project tracking the engagement by MNEs with Australia over the past two centuries. Extensive archival work has been undertaken to identify and document modes of entry, home countries, industries, operational modes and company types among the MNEs operating in Australia. The authors also describe the shifting nature of Australia as a host location.
Findings
The authors demonstrate the historical and ongoing diversity of ways in which MNEs interact with a host. They show that different organisational forms have prevailed over time, and that considerable operational mode changes can best be observed when a long lens is adopted. The authors show how these mode changes interact with host country dynamics, and also the broader context of the MNE and its altering strategies.
Research limitations/implications
The authors urge IB scholars to embrace longer timeframes to capture the complexity of MNEs’ growth and adaptation more meaningfully.
Originality/value
By taking such a long-run perspective, the authors shed new light on the importance of moving beyond simple snapshots to analyse key IB constructs and phenomenon.
Keywords
Acknowledgements
The authors gratefully acknowledge the assistance of Dr Claire Wright in compiling the FDI data.
Funding: Australian Research Council: DP200101363.
Citation
Sammartino, A., Merrett, D., van der Eng, P. and Ville, S. (2023), "Taking the long view of the multinational", Multinational Business Review, Vol. 31 No. 1, pp. 1-18. https://doi.org/10.1108/MBR-10-2022-0158
Publisher
:Emerald Publishing Limited
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