Bilateral FTAs and internationalisation adjustments
Date
2011
Authors
Thirawat, N.
Robins, F.
Baume, G.
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Journal article
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Asian Business and Management, 2011; 10(4):555-578
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Nipawan Thirawat, Frederick Robins and Georges Baume
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Abstract
This article investigates and analyses internationalisation adjustments of Thai multinational enterprises (MNEs). It is based on 10 case studies of Thai MNEs in the food-processing sector. The results highlight how bilateral FTAs can influence developing-country MNEs, based on a micro-level analysis. The empirical evidence indicates that Thai MNEs, in order to internationalise successfully, responded to FTAs by developing towards hybrid competitive strategies. These findings are integrated into a single conceptual framework for analysing the influence of bilateral FTAs on firms’ internationalisation. This offers a basis for further empirical investigation of the dynamics of internationalisation by firms based in emerging economies.
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© 2011 Macmillan Publishers Ltd.