1. The four patterns or strategies in the selection of the country where to start multinationalization appear to be linked to the way in which firms compete in the industry.
2. Insights from the case studies
2.1. Time to start multinationalization: When the company has value added in any activity in a foreign country.
2.1.1. First: Large gap between the time when the firms were created and the time when the firms established FDI. The established is result of the changes in the operation conditions of the country.
2.1.2. Economical and political aspect should taken into account. Also industry of operation.
2.1.3. Second: firms started focusing on foreign markets as sources of growth.
2.2. Location to start multinationalization:
2.2.1. Firms can minimize difficulties in near countries instead of unfamiliar environment.
2.2.2. Firms will start producing in countries where they can best benefit from their advantages or exploit location advantages abroad.
2.2.3. But country firms could have difficulties for the reduced psychic distance and the similar culture, or maybe because the levels of income or the advantage is impossible.
2.2.4. Evaluate culture and development, dominant patterns and secondary patterns dividen in a chart with 4 patterns.
3. Discussion
3.1. Challenges of multinationalization: Develop ownership advantages to multi nationalize. Difficulties in abroad in the model. Lack of knowledge about foreign markets becomes an impediment to the internationalization of the firm.
3.1.1. The firms need to have additional advantages beyond what they need to interationalize and sell to other countries.
3.2. Driver of multinationalization: The Multilatinas can be MNE's.
3.2.1. The transformation of the location advantage as countries moved from import substitution to structural reform induced firms to develop their ownership advantages to operate in the higher-competition environment.
3.3. Location for starting multinationalization
4. Introduction
4.1. The number of enterprises has increased in the recent times. In 2005 the percentage of the transnational firms from developing countries were 28.10%.
4.2. Strategic management, marketing and business.
4.3. Competitive potential, internationalization profile, performance.
4.4. Models: Incremental internationalization model and eclectic paradigm of international producttion.
4.4.1. Uppsala: Becoming a multinational is difficult of the lack of knowledge about foreign countries.
4.4.2. Eclectic: Advantages of firms when they move abroad.
5. Research Design
5.1. MNEs operated in countries with similar development processes for facilite the experience.
5.1.1. In Latin America, is normal followed and import substitution model of development between 1930's and 1980's.
5.1.2. Washington consensus: Behaviour in the local and foreign firms.
5.1.3. Study of about 500 firms, public and private enterprises.