The Construction and Evolution of Lenovo Group’s Transnational Governance Capability

The formation of corporate transnational governance capability is an important issue in the field of transnational governance. However, existing research lacks a theoretical framework or model for the formation of transnational governance capabilities of enterprises in emerging economies. This case study examines the process of internationalization of Lenovo Group, identifying, analyzing, and summarizing changes in its transnational governance capability. Specifically, the case study develops four stages of the development of Lenovo’s transnational governance capability, suggesting a typical evolutionary process of corporate internationalization: (1) the basic stage; (2) the transition stage; (3) Conflict stage; and (4) Formation stage.