Core Resources and Capabilities of Emerging Multinationals from Emerging Economies Free Essay Example, 1000 words

The multinational enjoy innovative capabilities due to access to superior technology that leads to the production of high-tech products for the niche market. Accordingly, multinationals from developed economies have well-established research and development teams that continuously monitor consumer demand changes such as changes in consumption patterns, shifts in tastes and emerging technologies that enable them to develop new products (Peng, 2013). Multinationals from developed countries have high access to financial capital in the international capital markets due to their ability to provide security for bonds and loans (Peng, 2013). Accordingly, multinationals from developed countries have a talented human resource base that includes cross-cultural teams thus facilitating entry into foreign markets and learning of the needs of cultural markets (Peng, 2013). In this case, the multinationals from developed countries are capable of establishing global partnerships in their wide netwo rk in order to facilitate new product development. A clear example is Hewlett-Packard and NCR that leveraged their business capabilities and transformed the production facilities to new technology innovation centers (Peng, 2013). Multinationals from developed countries have intellectual property rights such as registered trademarks, patents, copyrights and industrial design rights. We will write a custom essay sample on Core Resources and Capabilities of Emerging Multinationals from Emerging Economies or any topic specifically for you Only $17.96 $11.86/page