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This paper aims to conduct a theoretical enquiry into the questions as to whether emerging country multinationals’ competitiveness derives from country-specific advantage (CSA) or firm-specific advantages (FSA). The case of China is also examined.

CSAs and FSAs are examined both in theory and in the specific case of China as explicators of outward foreign direct investment from emerging countries.

FSAs and CSAs are found to be imprecise explanatory mechanisms to explain the competitiveness of emerging country multinationals. The examination of imperfections in emerging markets and in global markets and the internalisation responses of firms in different contexts is found to be a superior explanation of the financial flows classified as “outward direct investment”.

Internalisation theory requires a focus on mechanisms to convert home country attributes into competitive advantages and suggests that FSAs are context dependent, ephemeral and subject to negation by the competitive actions of rival firms.

The purpose of this paper is to examine the provenance, projection, performance and policy concerning Chinese outward foreign direct investment (COFDI) and speculate on the existence of “China’s international strategy”.

This study includes a comprehensive review of COFDI.

There is evidence of not only the successful coordination of COFDI, but also context, conflict and independent decision making (in Chinese firms) playing an essential role in the determination of the direction, control and outcomes of the outward FDI, respectively.

There is a great scope for further research on COFDI, as the lack of data prevents definitive conclusions, particularly on the outcomes and performance of the investments.

The paper presents an original synoptic view of key elements in the globalisation of the world economy and in the projection of Chinese economic power.

The purpose of this paper is to extend the purview of internalisation theory in understanding the global allocation of resources in different institutional contexts.

Theoretical extensions of internalisation theory are proposed in response to a comment.

The traditional focus of internalisation theory can be extended beyond the normal market exchange context, first, by expanding the range of transactions; second, by including non-market actors; and third, by expanding the relevant welfare criteria.

Comparative institutional analysis is enhanced by expanding the consideration of the range of intermediate goods that are traded, the potential providers examined and extending the criteria of assessment beyond efficiency to include equity, sustainability and legitimacy. These extensions add value to the internalisation theory.

This chapter complements the one that appeared as “History of the AIB Fellows: 1975–2008” in Volume 14 of this series (International Business Scholarship: AIB Fellows on the First 50 Years and Beyond, Jean J. Boddewyn, Editor). It traces what happened under the deanship of Alan Rugman (2011–2014) who took many initiatives reported here while his death in July 2014 generated trenchant, funny, and loving comments from more than half of the AIB Fellows. The lives and contributions of many other major international business scholars who passed away from 2008 to 2014 are also evoked here: Endel Kolde, Lee Nehrt, Howard Perlmutter, Stefan Robock, John Ryans, Vern Terpstra, and Daniel Van Den Bulcke.

In recent years, author and document citation and co-citation analyses have often been applied to map the “intellectual structure” of different scientific fields, including management and international business. However, the technique of bibliographic coupling between scientific documents, which seeks to identify active research fronts in a scientific field or discipline, has been less commonly used. This study utilized this technique to identify and visualize the research fronts in the context of papers on emerging markets multinational enterprises (EM-MNEs) recently published in a wide variety of journals. The aim is not only to complement and expand the results obtained in prior studies that have used other types of systematization, such as qualitative content analysis methodology but also to propose avenues for future research.

The primary databases utilized to carry out the present research work – both comprised in the Web of Science™ (WoS) Core Collection – were: the Social Sciences Citation Index® (SCI) developed by the Institute for Scientific Information (ISI) and the Emerging Sources Citation Index. A total of 496 “peer-reviewed journal articles” published between 2014 and December 30, 2019 were retrieved. With regards to the methodology, bibliometric methods were utilized, as well as social network analysis (SNA).

Particularly, the analytical techniques employed – adopting a “quantitative” method of a deductive character – allowed the identification of the most active research “fronts” in international research related to the topic under analysis: the phenomenon of EM-MNEs.

The present study has several limitations resulting from the utilization of bibliometric methods applied in the analyses performed.

The authors believe that this research is of value for future researchers since it allows the identification of research “fronts,” which shape the vanguard of knowledge and reveal current trends and future directions in the area under examination.

Mainland Chinese firms have become important international investors. Many have gained their capabilities to internationalize in a domestic institutional environment characterised by significant market imperfections. In this study, we argue that the imperfections affect firm behavior depending on firm size, ownership form, and location. We find preliminary support for the notion that large, well connected Chinese firms benefit most from institutional advantages, but that smaller firms internationalize because of institutional constraints. This represents a more nuanced view of the determinants of Chinese firm internationalization than is evident in prior research, with consequences for future theorising and empirical research on Chinese MNEs.

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.