2015 | OriginalPaper | Buchkapitel
Learning from the Globalization of an Emerging Economy Firm: Are Current Internationalization Theories Relevant?
verfasst von : Brian Li, Maya Kumar, Mary Ann Von Glinow
Erschienen in: Experiences of Emerging Economy Firms
Verlag: Palgrave Macmillan UK
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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).