The Influence of Domestic Economic Agents on the International Competitiveness of Latin American Firms: Evidence from Peruvian Small and Medium Multinational Enterprises

Jesús C. Peña-Vinces, David Urbano

Research output: Contribution to journalArticleResearchpeer-review

12 Citations (Scopus)

Abstract

© 2014 Taylor & Francis Group, LLC. All rights reserved. We evaluate how home-country economic agents (government, universities and research centers, and industry) affect the international competitiveness of small and medium multinational enterprises (SMNEs) of developing countries in Latin America. Drawing on a sample of 100 SMNEs of Peru, the main findings reveal that for Peruvian SMNEs, the government is a core economic agent. Competitiveness of SMNEs also depends on the relationships they have with companies operating in the same industry. Universities and research centers do not have a positive effect on the international competitiveness of SMNEs. The study both advances theory and offers practical advice.
Original languageEnglish
Pages (from-to)229-248
JournalEmerging Markets Finance and Trade
Volume50
Issue number6
DOIs
Publication statusPublished - 1 Jan 2014

Keywords

  • collaboration of industrial sectors
  • firm international competitiveness
  • governments
  • Latin America developing countries
  • SMNEs
  • universities/research centers

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