PRESENTA: Elisa Giuliani (University of Pisa) / COMENTA: Anabel Marin (CONICET-CENIT-UNSAM)
Nuestra primera reunión del año se realizará el próximo jueves 22 de marzo de 11 a 13 hs. en el aula 462 en el sexto piso del Edificio Anexo de la Facultad de Ciencias Económicas de la UBA (Uriburu 781).
Introduction
Roughly 40% of the investments from emerging economies goes towards advanced countries (UNCTAD, 2016), rich in strategic assets, such as patents and technological skills, much sought after by emerging-market multinational enterprises (EMNEs) (Luo and Tung, 2007; Cuervo-Cazurra, 2012). EMNEs’ asset seeking strategies are well exemplified by some landmark cross-border acquisitions (CBAs), such as that of Jaguar and Land Rover by the Indian Tata Motors in 2008, of Volvo by Geely Automobile of China in 2010, and the takeovers of the Italian tire producer Pirelli in 2015 and of the Swiss pesticides and seeds producer, Syngenta in 2016 by ChemChina. This kind of CBAs are expected to boost the acquiring EMNEs’ innovative capabilities and promote processes of reverse knowledge transfer to their home countries (Hansen et al., 2014), but indeed we know very little about whether this actually takes place and about the frictions and impediments involved in this process.
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