Micromultinationals: New types of firms for the global competetive landscape

Dimitratos, P. , Johnson, J., Slow, J. and Young, S. (2003) Micromultinationals: New types of firms for the global competetive landscape. European Management Journal, 21(2), pp. 164-174. (doi:10.1016/S0263-2373(03)00011-2)

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Abstract

In this article, we provide a preliminary discussion on the emerging phenomenon of micromultinationals (mMNEs). We argue that mMNEs constitute a distinct body of internationalised firms different from large multinationals and other types of internationalised small businesses, such as ‘global small firms’ and ‘international new ventures’. We suggest that the prevalence of mMNEs seems to be growing and we explore the objectives that the mMNE may seek. We also provide preliminary evidence of mMNE success characteristics based on the examination of five case firms in three countries: ‘envisage globally, strategise locally’ appears to be the philosophy that the investigated successful mMNEs espouse and follow. Implications for management and research in this largely unexplored area are discussed.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Young, Professor Stephen and Slow, Mr Jonathan and Dimitratos, Professor Pavlos and Johnson, Dr Jeffrey
Authors: Dimitratos, P., Johnson, J., Slow, J., and Young, S.
Subjects:H Social Sciences > HD Industries. Land use. Labor
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:European Management Journal
Publisher:Elsevier Science Ltd.
ISSN:0263-2373
ISSN (Online):1873-5681
Published Online:29 April 2003

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