Different strokes for different folks: emerging market MNE'S internationalization PATHS

Abstract

One of the more important trends in global business has been the rapid and widespread internationalization of firms from so-called Emerging Markets. In this paper, we seek to first describe and then theoretically explain various pathways adopted by these firms. We argue that a combination of home and host country locational characteristics, ownership advantages and disadvantages and firm strategy underlie a more comprehensive explanation of different paths of EM MNEs" outward FDI.