Understanding the Internationalization of Latin American Enterprises

Authors

  • Jorge Alcaraz Universidad de las Américas Puebla (UDLAP)
  • Johanan Zamilpa Universidad de Guanajuato, Campus Celaya-Salvatierra
  • Luis E. Torres Georgia Gwinnett College

Keywords:

Business, Economics, Finance, Internationalization

Abstract

This paper purpose is to advance the understanding of Latin American multinationals internationalization. Using disaggregated data and differentiating the behavior between private-owned and state-owned multinational enterprises from nine Latin American countries, we analyze this matter at firm, industry and country level. We find that Latin American firms prefer to invest in the same region, nevertheless, the US appears like the most frequent country where these MNEs allocate its subsidiaries. We show that the research and development intensity level of the largest enterprises from Latin America is not high, that most of them are privately-owned and they are performing in a wide variety of industries.

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Published

2017-09-01

How to Cite

Alcaraz, J., Zamilpa, J., & Torres, L. E. (2017). Understanding the Internationalization of Latin American Enterprises. Journal of Applied Business and Economics, 19(5). Retrieved from https://mail.articlegateway.com/index.php/JABE/article/view/726

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Section

Articles