Internationalization of Emerging Economy Firms - Need for New Theorizing
Published: 2009
Author(s) Name: Raveendra Chittoor
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Abstract
The paper argues that the extant
theories are too broad to explain
certain attributes of the internationalization
process adopted by
emerging economy firms. It seeks
to strengthen the existing theories
by suggesting directions for new
theorization in the context of
internationalization of firms from
emerging economies such as India.
The author reviews the relevant
theoretical literature on the international
expansion of firms in
general and by TMNCs in
particular. The paper examines
evidence from the unique context of
the internationalization of emerging
economy firms and offers an
argument for the need for fresh
theorizing.
Keywords : Internationalization of emerging economic firms, theoratical literature
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