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The influence of firm-specific and country-specific advantages in the internationalization of emerging market firms: evidence from Turkey

Yaprak, Attila and Yosun, Turkan and Çetindamar, Dilek (2017) The influence of firm-specific and country-specific advantages in the internationalization of emerging market firms: evidence from Turkey. (Accepted/In Press)

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Abstract

This paper examines the role of institutional factors that enable firm- and country-specific drivers of emerging market (EM) firms’ internationalization based on case-based research conducted in one EM, Turkey. Findings indicate that five firm-specific and five country-specific advantages drove the focal case study firms abroad. The firm-specific factors included financial and operations supremacy; excellence in value chain activities; inexpensive human resources; rapid learning capabilities in production and technology development; and adaptability to foreign markets. The country- specific factors included home-government policies supporting internationalization; logistical advantages arising from geographical position; adaptability capabilities resulting from former survival through institutional voids; strong social ties formed through networks; and availability of low cost resources. These findings are discussed and future research questions are offered.

Item Type:Article
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD0072-88 Economic growth, development, planning
H Social Sciences > HD Industries. Land use. Labor > HD0062.5 Entrepreneurship
ID Code:33031
Deposited By:Dilek Çetindamar
Deposited On:16 Aug 2017 11:21
Last Modified:16 Aug 2017 11:21

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