How MNEs Partner with Local Organizations in a Least Developed Economy

Matthew Allen; Mohammad B. Rana

How MNEs Partner with Local Organizations in a Least Developed Economy

Research output: Contribution to conference without publisher/journal › Paper without publisher/journal › Research › peer-review

Abstract

Attracting more ‘quality’ inward foreign direct investment (iFDI) is a key policy aim in many least developed countries (LDCs). Such investment may benefit local firms, enhance economic growth, and have societal advantages. Undertaking a comparative institutional analysis, we seek to explain why some multinational enterprises (MNEs) adopt policies and practices that are likely to have greater host-country benefits. We examine how institutions condition a) two MNEs, one Danish and one British, that both operate in the pharmaceutical industry, and b) the quality of their FDI in Bangladesh, an LDC. Home-country macro-level
institutions constitute our focal firms, moulding our focal firms’ decisions and interaction with local organizations. Our research contributes to institutional theory by highlighting how institutions condition the mechanisms that constitute and generate quality iFDI, revealing have a seemingly distant institution within MNEs home countries shapes and underpins the enactment of practices and mechanisms at the micro level in a host country.

Original language	English
Publication date	3 Apr 2024
Publication status	Published - 3 Apr 2024
Event	50th Academy of International Business_ UK & Ireland Chapter Conference - Aston Business School, Birmingham, United Kingdom Duration: 3 Apr 2024 → 6 Apr 2024 Conference number: 50 https://www.aib-uki.org/conference-programme.html

Conference

Conference	50th Academy of International Business_ UK & Ireland Chapter Conference
Number	50
Location	Aston Business School
Country/Territory	United Kingdom
City	Birmingham
Period	03/04/2024 → 06/04/2024
Internet address	https://www.aib-uki.org/conference-programme.html

Keywords

foreign direct investment
Bangladesh
Local engagement
Pharmaceutical companies
qualitative methods
foreign entrants in emerging markets

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

AUB Link

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How Multinationals Sustain and Legitimize in dysfunctional institutional Context: The Influence of firm Heterogeneity, institutional context and Local Partnership
Rana, M. B. (Project Coordinator), Rana, M. B. (PI), Allen, M. (PI) & Liu, J. (PI)
01/12/2016 → 01/01/2021
Project: Research

Home Country Institutions and MNEs’ Strategic Purpose in Least Developed Economies
Rana, M. B. (Speaker), Allen, M. (Speaker) & Liu, J. (Speaker)
30 Apr 2013 → 30 Apr 2015
Activity: Talks and presentations › Conference presentations

Sustainable global value chains with multinational project
Rana, M. B. (Participant)
Impact: Cultural impact, Public policy impact, Social impact

Cite this

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title = "How MNEs Partner with Local Organizations in a Least Developed Economy",

abstract = "Attracting more {\textquoteleft}quality{\textquoteright} inward foreign direct investment (iFDI) is a key policy aim in many least developed countries (LDCs). Such investment may benefit local firms, enhance economic growth, and have societal advantages. Undertaking a comparative institutional analysis, we seek to explain why some multinational enterprises (MNEs) adopt policies and practices that are likely to have greater host-country benefits. We examine how institutions condition a) two MNEs, one Danish and one British, that both operate in the pharmaceutical industry, and b) the quality of their FDI in Bangladesh, an LDC. Home-country macro-level institutions constitute our focal firms, moulding our focal firms{\textquoteright} decisions and interaction with local organizations. Our research contributes to institutional theory by highlighting how institutions condition the mechanisms that constitute and generate quality iFDI, revealing have a seemingly distant institution within MNEs home countries shapes and underpins the enactment of practices and mechanisms at the micro level in a host country. ",

keywords = "foreign direct investment, Bangladesh, Local engagement, Pharmaceutical companies, qualitative methods, foreign entrants in emerging markets",

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note = "50th Academy of International Business_ UK & Ireland Chapter Conference<br/>, AIB_UKI ; Conference date: 03-04-2024 Through 06-04-2024",

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TY - CONF

T1 - How MNEs Partner with Local Organizations in a Least Developed Economy

AU - Allen, Matthew

AU - Rana, Mohammad B.

N1 - Conference code: 50

PY - 2024/4/3

Y1 - 2024/4/3

N2 - Attracting more ‘quality’ inward foreign direct investment (iFDI) is a key policy aim in many least developed countries (LDCs). Such investment may benefit local firms, enhance economic growth, and have societal advantages. Undertaking a comparative institutional analysis, we seek to explain why some multinational enterprises (MNEs) adopt policies and practices that are likely to have greater host-country benefits. We examine how institutions condition a) two MNEs, one Danish and one British, that both operate in the pharmaceutical industry, and b) the quality of their FDI in Bangladesh, an LDC. Home-country macro-level institutions constitute our focal firms, moulding our focal firms’ decisions and interaction with local organizations. Our research contributes to institutional theory by highlighting how institutions condition the mechanisms that constitute and generate quality iFDI, revealing have a seemingly distant institution within MNEs home countries shapes and underpins the enactment of practices and mechanisms at the micro level in a host country.

AB - Attracting more ‘quality’ inward foreign direct investment (iFDI) is a key policy aim in many least developed countries (LDCs). Such investment may benefit local firms, enhance economic growth, and have societal advantages. Undertaking a comparative institutional analysis, we seek to explain why some multinational enterprises (MNEs) adopt policies and practices that are likely to have greater host-country benefits. We examine how institutions condition a) two MNEs, one Danish and one British, that both operate in the pharmaceutical industry, and b) the quality of their FDI in Bangladesh, an LDC. Home-country macro-level institutions constitute our focal firms, moulding our focal firms’ decisions and interaction with local organizations. Our research contributes to institutional theory by highlighting how institutions condition the mechanisms that constitute and generate quality iFDI, revealing have a seemingly distant institution within MNEs home countries shapes and underpins the enactment of practices and mechanisms at the micro level in a host country.

KW - foreign direct investment

KW - Bangladesh

KW - Local engagement

KW - Pharmaceutical companies

KW - qualitative methods

KW - foreign entrants in emerging markets

M3 - Paper without publisher/journal

T2 - 50th Academy of International Business_ UK & Ireland Chapter Conference<br/>

Y2 - 3 April 2024 through 6 April 2024

ER -

How MNEs Partner with Local Organizations in a Least Developed Economy

Abstract

Conference

Keywords

UN SDGs

AUB Link

Fingerprint

Projects

How Multinationals Sustain and Legitimize in dysfunctional institutional Context: The Influence of firm Heterogeneity, institutional context and Local Partnership

Activities

Home Country Institutions and MNEs’ Strategic Purpose in Least Developed Economies

Impacts

Sustainable global value chains with multinational project

Cite this