Network internationalization of firms in emerging economies : a systematic literature review
1University of Oulu, Oulu Business School, Department of Management and International Business, Management
|Online Access:||PDF Full Text (PDF, 1 MB)|
|Persistent link:|| http://urn.fi/URN:NBN:fi:oulu-202003201314
Oulu : D. Suikkanen,
|Publish Date:|| 2020-03-23
|Thesis type:||Master's thesis
The study focuses on internationalization of firms from emerging economies using network perspective. This research was undertaken as a systematic literature review process. The data search was conducted using databases from EBSCOhost, SAGE Journals, and Google Scholar. In total, to answer the research questions, 24 articles were chosen for the literature review study.
The literature review revealed that network forms available to emerging economies firms are personal contacts, business relations, and institutional network. Each type of network performs specific functions; institutions contribute to international marketing, personal contacts promote research and development, and business relations serve as introducers, contributing to the establishment of multinational partnership.
The findings of this study that are based on the theoretical framework and literature review can be summarized into three main propositions;
P1.) The internationalization of emerging economy companies is strongly influenced by the networks
P2.) Firms from emerging economies primarily use their network ties to gain knowledge of the foreign market and make market selection decisions.
P3.) The choice of network form differs in various cultural contexts.
The first two proposition provides answer to this study research whereas the third preposition contributes to the theory in general level. It shows the connection between culture, networks and emerging economy firms internationalization.
This thesis also contributes to the current literature of the emerging economies firms by providing an accessible summary of studies on network internationalization of firm from emerging economies. Entrepreneurs from emerging economies will benefit from knowing how to draw up a potential list of international markets and navigate international network partnerships in terms of management consequences. Particularly essential to the governments and institutions of emerging economies is the interpretation of this study.
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