Work

Research on evolution process of EMFs’ international expansion strategy

Year: 2016
Type: dissertation
Abstract: Under the background of globalization, international expansion of emerging market firms (EMFs) has become an emerging research front in international business research.Based on the Springboard Theory, LLL model and Uppsala internationalization process model, the thesis describes the bidirectional dependency between EMFs technologies and market resources using methods such as event path analysis, multi-case study and process analysis, and establishes an internationalization behavior framework which is based on the two motivations and the two dependable forces.The result shows that: (1) EMFs' two kinds of strategic behaviors of assets-seeking and opportunities-seeking continue to evolve with the development of the enterprise.In the first stage, There is no obvious difference.In the second stage, assets-seeking and opportunities-seeking are alternative dominant.In the third stage, opportunities-seeking are dominant.(2) EMFs' assets-seeking strategies are mainly driven by internal forces, and opportunities-seeking strategies are mainly driven by both internal and external forces; (3) EMFs leveraging international assets and opportunities through external linkage, and balancing their assets and opportunities through alternative domination strategic.(4) The internationalization process of EMFs is an enterprise's learning process under repeated linkage and leverage effect.The main contributions of this paper are: (1) to discuss the evolution rules and action mechanism of the two strategic motivations and dependable forces of EMFs in the internationalization process and help to establish clear external decision-making situation and logic for the internationalization of domestic enterprises; (2) to find out the features of EMFs to establish international chains to acquire the external assets and opportunities, and alternate domination features of the two strategies in the internationalization process, and help to better guide the implementation of internationalization strategies of domestic enterprises; (3) to establish an internationalization process model based on repeated linkage and alternate domination, uncover the nature of EMFs' internationalization process from the point of resource dependence, explain how to achieve the objective of globalization strategy for EMFS represented by China under late-developing disadvantages, expand the current EMFs-related theoretical boundary, and provide more scientific decision basis for "Going Out" of domestic enterprises.
Author: Chengxu Ji
Language: English
Open Access status: green
OpenAlex ID: W3174166448
Cites: 80
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Related to: 10