'Multilatinas' in the Americas: Dynamics of Nation Champion Policy and Asymmetrical Behaviour

International Journal of Organizations (Revista Internacional de Organizaciones), 2010

19 Pages Posted: 3 Mar 2013

See all articles by Judith Clifton

Judith Clifton

University of Cantabria

Julio Revuelta

University of Cantabria - Department of Economics

Date Written: June 6, 2010

Abstract

From the 1990s, two former telecoms monopoly incumbents — Telefonica of Spain and Telmex of Mexico — emerged as world player Multinationals and soon dominated this sector across Latin America. This paper argues that, in both cases, national champion policies by domestic governments coincided with an asymmetrical behaviour on the part of the firms, which helped them in their quest to successfully internationalise. Empirical findings support some newly emerging theories on the asymmetrical behaviour of former monopolies which stress the importance of the timing and extent of domestic policies which can combine with ambitious internationalization strategies on the part of the firms.

Keywords: Multinationals, Latin America, National champions, telecommunications

Suggested Citation

Clifton, Judith and Revuelta, Julio, 'Multilatinas' in the Americas: Dynamics of Nation Champion Policy and Asymmetrical Behaviour (June 6, 2010). International Journal of Organizations (Revista Internacional de Organizaciones), 2010, Available at SSRN: https://ssrn.com/abstract=2227683

Judith Clifton (Contact Author)

University of Cantabria ( email )

Avda. Los Castros, s/n
Santander 39005
Spain

Julio Revuelta

University of Cantabria - Department of Economics ( email )

Av. Los Castros s/n
Santander 39005, Cantabria 39005
Spain

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