Pre-liberalization foundations and the FDI-based internationalization of SMEs from emerging markets

Kumari, Sushma, Shirodkar, Vikrant and McGuire, Steven (2023) Pre-liberalization foundations and the FDI-based internationalization of SMEs from emerging markets. Management International Review, 63 (4). pp. 641-671. ISSN 0938-8249

Preview

PDF (Kumari_etal_2023_MIR) - Published Version Available under License Creative Commons Attribution. Download (782kB) | Preview

Abstract

Research on the internationalization of small and medium enterprises based in emerging markets (EM-SMEs) is gaining momentum, yet, less is known about the specific factors that deter EM-SMEs’ from internationalizing via foreign direct investment (FDI). In this paper, using institutional and organizational imprinting perspectives, we argue that EM-SMEs founded in the era prior to market liberalization are less likely to internationalize via FDI than those founded during or after market liberalization. We also argue that this effect is moderated by EM-SMEs’ size and ownership dispersion. Our data used to test our hypotheses is based on 2277 SMEs from 14 emerging markets. Overall, we contribute to an improved understanding of the factors that determine the FDI-based internationalization of SMEs from emerging markets.

Item Type:	Article
Additional Information:	Data Availability statement: The data has been collected from Bureau Van Dijk’s Orbis database. Due to the proprietary nature of this database, the data used for this study cannot be made publicly available.
Uncontrolled Keywords:	emerging markets,foreign direct investment,institutional theory,internationalization,market-liberalization,small and medium enterprises,business and international management,strategy and management,sdg 8 - decent work and economic growth,sdg 9 - industry, innovation, and infrastructure,sdg 10 - reduced inequalities ,/dk/atira/pure/subjectarea/asjc/1400/1403
Faculty \ School:
Related URLs:	http://www.scopus.com/inward/record.url?...
Depositing User:	LivePure Connector
Date Deposited:	31 Jul 2024 18:28
Last Modified:	25 Sep 2024 17:57
URI:	https://ueaeprints.uea.ac.uk/id/eprint/96050
DOI:	10.1007/s11575-023-00508-2

Downloads

Actions (login required)

View Item