Why Localization Is Necessary as a Business Strategy in Emerging Markets: The Case Comparison of Hyundai and Volkswagen

Localization, the process of establishing the most adequate system in the target market according to the given environment to produce the most viable product in the market, can help multinational enterprises (MNE) to better understand the market, and take the most appropriate actions needed. Busines...

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Bibliographic Details
Main Authors: Jungyoun Lee, Jungyeon Kim, Jiwoo Kim, Seungho Choi
Format: Article
Language:English
Published: Elsevier 2021-08-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Online Access:https://www.mdpi.com/2199-8531/7/3/190