Imitation and rapid internationalization of emerging market firms

Yong Wang, Xiaotao Yao and Kaige Li

Journal of World Business, 2022, vol. 57, issue 6

Abstract: By drawing upon imitation research, this study addresses the role peers play in rapid internationalization by emerging market firms (EMFs). We argue that imitation of industry peers’ international expansion accelerates EMFs’ internationalization speed through two mutually reinforcing mechanisms: information-based imitation, which legitimizes similar operations and conveys valuable information; and rivalry-based imitation, which exerts considerable competitive pressure. We find that industry peers’ international expansion is positively related to EMFs’ internationalization speed. Such positive effect is stronger when EMFs lack prior international experience and when industry competitive intensity is strong.

Keywords: Emerging market firms; Internationalization speed; Imitation; Industry peers; Chinese firms (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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DOI: 10.1016/j.jwb.2022.101364

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