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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 (2018) The influence of firm-specific and country-specific advantages in the internationalization of emerging market firms: evidence from Turkey. International Business Review, 27 (1). pp. 198-207. ISSN 0969-5931 (Print) 0962-9262 (Online)

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Official URL: http://dx.doi.org/10.1016/j.ibusrev.2017.07.001

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
Uncontrolled Keywords:Firm-specific advantages; Country-specific advantages; Internationalization of emerging market firms; Turkey
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:34199
Deposited By:Dilek Çetindamar
Deposited On:23 Jan 2018 14:56
Last Modified:23 Jan 2018 14:56

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