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Multidexterity: Combining competing business models in transforming economies

Abstract

Transforming economies pose significant challenges to multinational corporations’ (MNCs) business models (e.g., Chan et al., 2016; Sánchez & Ricart, 2010). This is because they are characterized by uncertain, highly volatile, and changing institutional frameworks (Peng, Wang, & Jiang, 2008). For instance, China is distinguished by weaker regulatory regimes and industry standards (Tan, 2009; Tsai & Child, 1997). So, whilst business models contribute to rapid internationalization (Dunford, Palmer, & Benveniste, 2010) and local competition in transforming economies (Tallman, Luo, & Buckley, 2018), entering those economies incurs institutional and market challenges. These fundamentally threaten MNCs’ business model viability (Birkinshaw, Zimmermann, & Raisch, 2016b).

Demir, R. & Angwin, D. (2021). Multidexterity: Combining competing business models in transforming economies. Management and Organization Review, 1-32. doi:10.1017/mor.2020.56

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Author: Demir, R. & Angwin, D.
Publication year: 2021
Published in: Management and Organization Review

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Associate Professor
Robert Demir
+46705117484robert.demir@ratio.se

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