The internationalization of Colombian Multilatinas: a composite indicator analysis

Abstract

This study employs a composite indicator to measure the degree of internationalization of Colombian Multilatinas. By using primary data available from the analyzed companies' website, the Colombian Multilatinas composite indicator (CMCI) is proposed, which includes six variables related to the Multilatinas’ patterns of internationalization that capture the essence of their productive participation abroad. The findings have managerial and academic implications as the analytical tool used to quantify the competitiveness and the degree of internationalization of Colombian Multilatinas offers important guidelines to improve aspects related to multilatinas' economic capacity, sustainability, technology, and human capital.