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Adaptation Strategies of Multinational Corporations, State-Owned Enterprises, and Domestic Business Groups to Economic and Political Transitions: A Network Analysis of the Chilean Telecommunications Sector, 1958- 2005

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dc.contributor.authorBucheli, Marcelo
dc.contributor.authorSalvaj, Erica
dc.date.accessioned2015-06-30T16:10:30Z
dc.date.available2015-06-30T16:10:30Z
dc.date.issued2014-09
dc.description.abstractThis paper compares the corporate network strategies between multinational corporations of two different origins (United States and Spain), business groups, and state-owned enterprises in the public utility sector of a developing country going through economic and political transitions. The transitions we consider are from an import substitution industrialization model to an open market economy and from a democratic regime to a dictatorial one and back to democracy. We analyze the Chilean telecommunications sector between 1958 and 2005 and find that during a democratic regime all firms sought to build more networks with each other, while incentives decrease under an authoritarian regime. In the protectionist era, US investors built links with Chile’s corporate elite, while in times of an open economy, Spanish investors built these links with the government. State-owned corporations did not attempt to build links with other actors at any time, and business groups sought to build most networks among members of the group. Our findings challenge two commonly held assumptions: first, that open economies decrease incentives for domestic actors to build links with each other and, second, that close political regimes increase incentives to build networks among economic actorses_CL
dc.format.extent42 páginases_CL
dc.identifier.citationEnterprise & Society, 2014, vol. 15, n° 3, p.534-476
dc.identifier.urihttp://hdl.handle.net/11447/100
dc.language.isoen_USes_CL
dc.publisherSchool of Business and Economics, Universidad del Desarrolloes_CL
dc.relation.ispartofseriesPast Working Paper;15
dc.subjectCorporate network strategieses_CL
dc.subjectMultinational corporationses_CL
dc.subjectChilean Telecommunications Sectores_CL
dc.titleAdaptation Strategies of Multinational Corporations, State-Owned Enterprises, and Domestic Business Groups to Economic and Political Transitions: A Network Analysis of the Chilean Telecommunications Sector, 1958- 2005es_CL
dc.typeDocumento de trabajoes_CL
dspace.entity.typePublication
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relation.isAuthorOfPublication.latestForDiscoveryb93ce63b-237c-4acc-8cb3-0dcebf0a60cb

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