Learning from the Globalization of an Emerging Economy Firm: Are Current Internationalization Theories Relevant?

Brian Li, Maya Kumar and Mary Ann Von Glinow

Chapter 9 in Experiences of Emerging Economy Firms, 2015, pp 170-203 from Palgrave Macmillan

Abstract: Abstract Classic theories of firm globalization, including the Uppsala Internationalization Model (Johanson and Vahlne, 1977) and the Eclectic Paradigm (Dunning, 1973), were developed using data from firms originating in relatively prosperous and advanced Western economies, expanding into foreign markets. Despite the current growth of emerging economy firms in China, India and Brazil and attempts to expand their businesses across borders, these internationalization models still remain the two most widely subscribed models of firm globalization (Steen and Liesch, 2007).

Keywords: Foreign Direct Investment; Foreign Market; Market Entry; International Business Study; Market Knowledge (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47228-1_9

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DOI: 10.1057/9781137472281_9

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