ADDING TO THE PHILOSOPHY OF INTERNATIONALIZATION THROUGH THE STUDY OF MULTINATIONALS IN EMERGING MARKETS

SAVITA TIWARI

Internationalization process, Emerging markets, Multinational companies, EMNCs, Outward foreign direct investment, Resources and capabilities, Transactions.

We make an argument for and provide explanations for how research on multinational corporations operating in emerging markets might enhance our knowledge of the process of internationalization. The process of a firm's internationalization is a crucial and pervasive issue in global business. Yet, the majority of theoretical models are based on research on multinational corporations from affluent economies. The home country's influence on the behaviours of emerging market multinationals varies significantly, leading to various patterns of internationalization. We suggest that by categorizing internationalization theories according to three different ontological perspectives—resource-oriented, transaction-oriented, and process-oriented—the discussion of the applicability of existing theory can be advanced. We further propose that the analysis of the internationalization processes of emerging market multinationals reveals three contextual accelerators: catch-up, global value chains, and government. These accelerators help adapt internationalization process models to new contextual realities.

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"ADDING TO THE PHILOSOPHY OF INTERNATIONALIZATION THROUGH THE STUDY OF MULTINATIONALS IN EMERGING MARKETS", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 3, page no.c322-c333, March-2023, Available :https://ijnrd.org/papers/IJNRD2303243.pdf

Volume 8 Issue 3, March-2023

Pages : c322-c333

Paper Reg. ID: IJNRD_189011

Published Paper Id: IJNRD2303243

Downloads: 000118862

Research Area: Management

Country: bhopal, Madhya Pradesh, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2303243

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2303243

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

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