Global and Local Brands in Developed and Developing Markets: A Systematic Literature Review and New Directions

ABSTRACT

Our goal in this study is to provide a systematic review of global and local brand literature by explicitly focusing on the similarities and differences between developing and developed countries’ contexts. We performed a systematic literature review with 44 papers extracted from the Web of Science and Scopus database. We discussed the literature using three research streams that analyzed global vs. local brand literature under different aspects: brand-related factors, cultural dimension, and consumer-related factors. In addition, we provided a research agenda with opportunities for further studies. Unlike previous literature reviews, we analyzed the antecedents and outcomes of consumer behavior towards global and local brands focusing on the similarities and differences between developed and developing markets contexts. Our study contributes to extant research by highlighting similarities and distinctions between different market contexts of consumer behavior towards local vs. global brands. Finally, we present directions for further research to improve the current literature field.

KEYWORDS
developing markets; developed markets; global brands; local brands; literature review