Authors: Andrea Goldstein
Addresses: OECD Directorate for Financial and Enterprise Affairs, 2 rue Andre-Pascal – 75775 Paris Cedex 16, France
Abstract: Brazilian aircraft manufacturer Embraer has transformed itself since privatisation in 1992 to become a world market leader in a high-tech industry traditionally dominated by companies based in OECD countries. In recent years Embraer has also become an aggressive foreign investor – in particular by launching a joint venture in China in 2002. This paper analyses the record so far, considering the Chinese authorities| drive to build its own aerospace industry, the partners| different expectations, and the |transplantability| of corporate success in a different business and political environment.
Keywords: aerospace industry; Brazil; China; FDI; foreign direct investment; aircraft manufacturing; Embraer; joint ventures.
International Journal of Technology and Globalisation, 2008 Vol.4 No.1, pp.56 - 69
Published online: 08 Dec 2007 *Full-text access for editors Access for subscribers Purchase this article Comment on this article