Comparative Analysis of Competitive Advantages: OLI and LLL Frameworks

The rise of Asian Pacific multinationals is a phenomenon that cannot be fully explained by the OLI and LLL frameworks, which have been criticized for neglecting learning and resource-based aspects within latecomer multinationals. The assignment aims to understand the dominant strategies adopted by these multinationals, particularly in the areas of foreign direct investment, trade relationships, and HRM practices. It highlights the unique characteristics of Chinese and Japanese investors, including their targeting of secondary and tertiary sectors, and their interests in maintaining trade relationships with East Asian countries. Ultimately, the assignment seeks to provide a comprehensive understanding of the factors that contribute to the success of Asia Pacific multinationals.