Huawei in Venezuela: a review of 2006–2019

Purpose – The aim of this article is to describe Huawei's internationalization process in Venezuela and show how socio-political and economic conditions helped to expedite the company's development in this Latin American nation between 2006 and 2019. Through this internationalization proce...

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Main Authors: Carlos M. Baldo, Richard Vail, Julie Seidel
Format: Article
Language:Portuguese
Published: Emerald Publishing 2021-12-01
Series:REGE Revista de Gestão
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/REGE-12-2020-0142/full/pdf?title=huawei-in-venezuela-a-review-of-2006-2019
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author Carlos M. Baldo
Richard Vail
Julie Seidel
author_facet Carlos M. Baldo
Richard Vail
Julie Seidel
author_sort Carlos M. Baldo
collection DOAJ
description Purpose – The aim of this article is to describe Huawei's internationalization process in Venezuela and show how socio-political and economic conditions helped to expedite the company's development in this Latin American nation between 2006 and 2019. Through this internationalization process, Huawei participated in a large technological transition in Venezuelan telecommunications. Design/methodology/approach – This research uses an integrative approach, developing a quasi-case study from a review of the academic literature, contemporary news stories and institutional and practitioner documents. Findings – The review indicates that Huawei was engaged in business with the Venezuelan phone company before its renationalization. Secondly, Huawei's internationalization was a beneficiary of the increased relations between the Venezuelan and Chinese governments, mainly through “oil for loans/goods” agreements. Lastly, this internationalization process includes wholly owned subsidiaries, direct export, greenfield and government joint ventures. Practical implications – This research provides an understanding to other firms and strategists about the benefits of strong bilateral economic relationships between home and host countries. Originality/value – This paper is among the first academic articles that describe the internationalization process of Huawei in Venezuela. Considering the host country's changing political and economic conditions during the last 20 years, such research may provide a perspective for considering other Chinese business expansions in Venezuela and Latin America.
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spelling doaj.art-953f558b61054ad09db76d3ac08bc73d2022-12-22T04:29:44ZporEmerald PublishingREGE Revista de Gestão1809-22762177-87362021-12-0128435837510.1108/REGE-12-2020-0142666272Huawei in Venezuela: a review of 2006–2019Carlos M. Baldo0Richard Vail1Julie Seidel2Davis School of Business, Colorado Mesa University, Grand Junction, Colorado, USADavis School of Business, Colorado Mesa University, Grand Junction, Colorado, USADavis School of Business, Colorado Mesa University, Grand Junction, Colorado, USAPurpose – The aim of this article is to describe Huawei's internationalization process in Venezuela and show how socio-political and economic conditions helped to expedite the company's development in this Latin American nation between 2006 and 2019. Through this internationalization process, Huawei participated in a large technological transition in Venezuelan telecommunications. Design/methodology/approach – This research uses an integrative approach, developing a quasi-case study from a review of the academic literature, contemporary news stories and institutional and practitioner documents. Findings – The review indicates that Huawei was engaged in business with the Venezuelan phone company before its renationalization. Secondly, Huawei's internationalization was a beneficiary of the increased relations between the Venezuelan and Chinese governments, mainly through “oil for loans/goods” agreements. Lastly, this internationalization process includes wholly owned subsidiaries, direct export, greenfield and government joint ventures. Practical implications – This research provides an understanding to other firms and strategists about the benefits of strong bilateral economic relationships between home and host countries. Originality/value – This paper is among the first academic articles that describe the internationalization process of Huawei in Venezuela. Considering the host country's changing political and economic conditions during the last 20 years, such research may provide a perspective for considering other Chinese business expansions in Venezuela and Latin America.https://www.emerald.com/insight/content/doi/10.1108/REGE-12-2020-0142/full/pdf?title=huawei-in-venezuela-a-review-of-2006-2019huaweivenezuelainternationalizationtelecomrenationalization
spellingShingle Carlos M. Baldo
Richard Vail
Julie Seidel
Huawei in Venezuela: a review of 2006–2019
REGE Revista de Gestão
huawei
venezuela
internationalization
telecom
renationalization
title Huawei in Venezuela: a review of 2006–2019
title_full Huawei in Venezuela: a review of 2006–2019
title_fullStr Huawei in Venezuela: a review of 2006–2019
title_full_unstemmed Huawei in Venezuela: a review of 2006–2019
title_short Huawei in Venezuela: a review of 2006–2019
title_sort huawei in venezuela a review of 2006 2019
topic huawei
venezuela
internationalization
telecom
renationalization
url https://www.emerald.com/insight/content/doi/10.1108/REGE-12-2020-0142/full/pdf?title=huawei-in-venezuela-a-review-of-2006-2019
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