Research Article
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Year 2017, Volume: 3 Issue: 1, 48 - 57, 30.06.2017
https://doi.org/10.17261/Pressacademia.2017.391

Abstract

References

  • Andersen, O. (1993). The Internalization Process of Firms: A Critical Analysis. Journal of International Business Studies, 24(2), 209-231.
  • Andreff, W., & Balcet, G. (2013). Emerging Countries' Multinational Companies Investing in Developed Countries: At Odds with the HOS Paradigm. The European Journal of Comparative Economics, 10(1), 3-26.
  • Aybar, B., & Thirunavukkarasu, A. (2005). Emerging market multinationals: an analyzing of performance and risk characteristics. Journal of Asia-Pasific Business, 6(2), 5-39.
  • Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(1), 99-120.
  • Buckley, P. J., & Castro, F. B. (1998). The Investment Development Path: The Case of Portugal. Transnational Corporations, 7(1), 1-15.
  • Can, E. (2012). Uluslararası İşletmecilik . İstanbul: Beta Basım.
  • Coviello, N. E., & Martin, K. A. (1999). Internationalization of Service SMEs: An Integreted Perspective From the Engineering Consultion Sector. Journal of International Marketing, 7(4), 42-66.
  • Çavuşgil, S. T. (1997). Measuring the Potential of Emerging Markets: An Indexing Approach. Business Horizons, 87-91.
  • Çavuşgil, T., & Knight, G. A. (1996). The Born Global Firm: A Challenge to Traditional Internalization Theory. Advences in International Marketing, 8, 11-26.
  • Daniels, J. D., & Radebough, L. H. (1994). International Business Environments and Operations. Canada: Addison Wesley publishing Company.
  • DEİK. (2014). Değerlenen Amerikan dolarına Rağmen Türk Şirketlerinin Yurtdışı Yatırımları Artmaya Devam Ediyor.
  • DEİK. (2014). Dünyada ve Türkiye’de Yurtdışı Doğrudan Yatırımlar. İstanbul: Yurtdışı Yatırımlar İş Konseyi.
  • Dunning, J. H. (1988). The Eclectic Paradigm of Intenational Production; A Restatement and Some Possible Extentions. Journal of International Bussiness Studies, 19, 1-31.
  • Dunning, J. H., & Lundan, S. M. (2008). Multinational Enterprises and the Global Economy (Second Edition). U.S.: Edward Elger Publishing.
  • Erdilek, A. (2008). Internationalization of Turkish MNEs. Journal of Management Development, 27(7), 744-760.
  • Erkutlu, H., & Eryiğit, S. (2001). Uluslararasılaşma Süreci. Gazi Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 3(3), 156-165.
  • Hoskisson, R., Eden, L., Lau, C., & Wright, M. (2000). Strategy in Emerging Economies. Academy of Management Journal, 249-267.
  • Johanson, J., & Vahlne, J.-E. (1977). The Internationalization Process of the Firm--A Model of Knowledge Development and Increasing Foreign Market Commitments. Journal of International Business Studies, 8(1), 23-32.
  • Kaymakçı, O. (2013). Küresel Ekonomide Çokuluslu Şirketler ve Türkiye'deki Yansımaları. CBÜ Sosyal Bilimler Dergisi, 224-249.
  • KHÜ – DEİK – VCC. (2014). Türk Çokuluslu İşletmeleri Araştırması.
  • Mathews, J. A. (2006). Dragon Multinationals: New Players in the 21st Century Globalization. Asia Pacific Journal of Management, 23, 5-27.
  • Moon, H.-C., & Roehl, T. W. (2001). Unconventional Foreign Direct Investment and The Imbalance Theory. International Business Review, 10, 197-215.
  • Narula, R., & Dunning, J. H. (2000). Industrial Development, Globalisation and Multinational Enterprises: New Realities for Developing Countries. Oxford Development Studies, 28(2), 1-34.
  • Ntv. (2007, Aralık 24). Ntv Web sitesi: http://arsiv.ntv.com.tr/news/430263.asp adresinden alınmıştır
  • Oviatt, B. M., & McDougall, P. P. (2005). Toward a Theory of International New Ventures. Journal of International Business Studies, 36, 2941.
  • Özkara, B., Kurt, M., & Karayormuk, K. (2008). Türkiye’de İşletme Grupları: Eskiler ve Yeniler. Yönetim Araştırmaları Dergisi, 8(1-2), 59-83.
  • Rasmussen, E. S., & Madsen, T. K. (2002). The Born Global Concept. 28th EIBA Conference (s. 1-26). Danimarka: Department of Marketing, University of Southern Denmark.
  • Sakr, M., & Jordaan, A. (2016). Emerging Multinational Corporations: Theoretical and Conceptual Framework. Economic Research South Africa.
  • Seyidoğlu, H. (2003). Uluslararası İktisat Teori Politika ve Uygulama. İstanbul: Güzem Yayınları.
  • TCMB. (2016). Uluslararası Yatırım Pozisyonu. Ankara: TCMB.
  • UNCTAD. (2016). World Investment Report 2016: Annex Table; FDI Outflows By Region and Economy, 1990-2015. UNCTAD.
  • Wai, H., & Yeung, C. (2002). Entrepreneurship in International Business: An Institutional Perspective. Asia Pacific Journal of Management, 19, 29-61.
  • Yadong, L., & Tung, R. L. (2007). International Expansion of Emerging Market Enterprises: A Springboard Perspective. Journal of International Business Studies, 38(4), 481-498.
  • Zain, M., & Ng, S. I. (2006). The Impacts of Network Relationships on SMEs' Internationalization Process. Thunderbird International Business Review, 48(2), 183-205.
  • Zanfei, A. (2007). The Links between International Production and Innovation: a Double Network Approach. Working Papers Series in Economics, Mathematics and Statistic. İtalya: University of Urbane.

THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY

Year 2017, Volume: 3 Issue: 1, 48 - 57, 30.06.2017
https://doi.org/10.17261/Pressacademia.2017.391

Abstract

Today, the efforts and achievements of the emerging economies
towards becoming multinational are paying attention to the academic and
international business world. Until today, the internationalization process of
developed countries companies are examined, nowadays a reversal point of view
has developed and the internationalization process of emerging market
multinational companies (EMNC) have begun to be studied heavily. The aim of
this study is to examine the internationalization processes of EMNC by presenting
current model, by making proposals to companies that want to be multinational.
Starting from this aim, the internationalization processes theories of EMNC
have been examined; the statistical data of international organizations are
given by using documentary research method accepted as a quantitative research
method and Turkish Multinational Companies are analyzed. When these theories
and our multinational companies are examined, it has been found that Turkey is
supported in the framework of internationalization process, Uppsala, Network,
Eclectic Paradigm theories.  

References

  • Andersen, O. (1993). The Internalization Process of Firms: A Critical Analysis. Journal of International Business Studies, 24(2), 209-231.
  • Andreff, W., & Balcet, G. (2013). Emerging Countries' Multinational Companies Investing in Developed Countries: At Odds with the HOS Paradigm. The European Journal of Comparative Economics, 10(1), 3-26.
  • Aybar, B., & Thirunavukkarasu, A. (2005). Emerging market multinationals: an analyzing of performance and risk characteristics. Journal of Asia-Pasific Business, 6(2), 5-39.
  • Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(1), 99-120.
  • Buckley, P. J., & Castro, F. B. (1998). The Investment Development Path: The Case of Portugal. Transnational Corporations, 7(1), 1-15.
  • Can, E. (2012). Uluslararası İşletmecilik . İstanbul: Beta Basım.
  • Coviello, N. E., & Martin, K. A. (1999). Internationalization of Service SMEs: An Integreted Perspective From the Engineering Consultion Sector. Journal of International Marketing, 7(4), 42-66.
  • Çavuşgil, S. T. (1997). Measuring the Potential of Emerging Markets: An Indexing Approach. Business Horizons, 87-91.
  • Çavuşgil, T., & Knight, G. A. (1996). The Born Global Firm: A Challenge to Traditional Internalization Theory. Advences in International Marketing, 8, 11-26.
  • Daniels, J. D., & Radebough, L. H. (1994). International Business Environments and Operations. Canada: Addison Wesley publishing Company.
  • DEİK. (2014). Değerlenen Amerikan dolarına Rağmen Türk Şirketlerinin Yurtdışı Yatırımları Artmaya Devam Ediyor.
  • DEİK. (2014). Dünyada ve Türkiye’de Yurtdışı Doğrudan Yatırımlar. İstanbul: Yurtdışı Yatırımlar İş Konseyi.
  • Dunning, J. H. (1988). The Eclectic Paradigm of Intenational Production; A Restatement and Some Possible Extentions. Journal of International Bussiness Studies, 19, 1-31.
  • Dunning, J. H., & Lundan, S. M. (2008). Multinational Enterprises and the Global Economy (Second Edition). U.S.: Edward Elger Publishing.
  • Erdilek, A. (2008). Internationalization of Turkish MNEs. Journal of Management Development, 27(7), 744-760.
  • Erkutlu, H., & Eryiğit, S. (2001). Uluslararasılaşma Süreci. Gazi Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 3(3), 156-165.
  • Hoskisson, R., Eden, L., Lau, C., & Wright, M. (2000). Strategy in Emerging Economies. Academy of Management Journal, 249-267.
  • Johanson, J., & Vahlne, J.-E. (1977). The Internationalization Process of the Firm--A Model of Knowledge Development and Increasing Foreign Market Commitments. Journal of International Business Studies, 8(1), 23-32.
  • Kaymakçı, O. (2013). Küresel Ekonomide Çokuluslu Şirketler ve Türkiye'deki Yansımaları. CBÜ Sosyal Bilimler Dergisi, 224-249.
  • KHÜ – DEİK – VCC. (2014). Türk Çokuluslu İşletmeleri Araştırması.
  • Mathews, J. A. (2006). Dragon Multinationals: New Players in the 21st Century Globalization. Asia Pacific Journal of Management, 23, 5-27.
  • Moon, H.-C., & Roehl, T. W. (2001). Unconventional Foreign Direct Investment and The Imbalance Theory. International Business Review, 10, 197-215.
  • Narula, R., & Dunning, J. H. (2000). Industrial Development, Globalisation and Multinational Enterprises: New Realities for Developing Countries. Oxford Development Studies, 28(2), 1-34.
  • Ntv. (2007, Aralık 24). Ntv Web sitesi: http://arsiv.ntv.com.tr/news/430263.asp adresinden alınmıştır
  • Oviatt, B. M., & McDougall, P. P. (2005). Toward a Theory of International New Ventures. Journal of International Business Studies, 36, 2941.
  • Özkara, B., Kurt, M., & Karayormuk, K. (2008). Türkiye’de İşletme Grupları: Eskiler ve Yeniler. Yönetim Araştırmaları Dergisi, 8(1-2), 59-83.
  • Rasmussen, E. S., & Madsen, T. K. (2002). The Born Global Concept. 28th EIBA Conference (s. 1-26). Danimarka: Department of Marketing, University of Southern Denmark.
  • Sakr, M., & Jordaan, A. (2016). Emerging Multinational Corporations: Theoretical and Conceptual Framework. Economic Research South Africa.
  • Seyidoğlu, H. (2003). Uluslararası İktisat Teori Politika ve Uygulama. İstanbul: Güzem Yayınları.
  • TCMB. (2016). Uluslararası Yatırım Pozisyonu. Ankara: TCMB.
  • UNCTAD. (2016). World Investment Report 2016: Annex Table; FDI Outflows By Region and Economy, 1990-2015. UNCTAD.
  • Wai, H., & Yeung, C. (2002). Entrepreneurship in International Business: An Institutional Perspective. Asia Pacific Journal of Management, 19, 29-61.
  • Yadong, L., & Tung, R. L. (2007). International Expansion of Emerging Market Enterprises: A Springboard Perspective. Journal of International Business Studies, 38(4), 481-498.
  • Zain, M., & Ng, S. I. (2006). The Impacts of Network Relationships on SMEs' Internationalization Process. Thunderbird International Business Review, 48(2), 183-205.
  • Zanfei, A. (2007). The Links between International Production and Innovation: a Double Network Approach. Working Papers Series in Economics, Mathematics and Statistic. İtalya: University of Urbane.
There are 35 citations in total.

Details

Journal Section Articles
Authors

Esin Can

Nilay Utlu

Publication Date June 30, 2017
Published in Issue Year 2017 Volume: 3 Issue: 1

Cite

APA Can, E., & Utlu, N. (2017). THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY. PressAcademia Procedia, 3(1), 48-57. https://doi.org/10.17261/Pressacademia.2017.391
AMA Can E, Utlu N. THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY. PAP. June 2017;3(1):48-57. doi:10.17261/Pressacademia.2017.391
Chicago Can, Esin, and Nilay Utlu. “THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY”. PressAcademia Procedia 3, no. 1 (June 2017): 48-57. https://doi.org/10.17261/Pressacademia.2017.391.
EndNote Can E, Utlu N (June 1, 2017) THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY. PressAcademia Procedia 3 1 48–57.
IEEE E. Can and N. Utlu, “THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY”, PAP, vol. 3, no. 1, pp. 48–57, 2017, doi: 10.17261/Pressacademia.2017.391.
ISNAD Can, Esin - Utlu, Nilay. “THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY”. PressAcademia Procedia 3/1 (June 2017), 48-57. https://doi.org/10.17261/Pressacademia.2017.391.
JAMA Can E, Utlu N. THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY. PAP. 2017;3:48–57.
MLA Can, Esin and Nilay Utlu. “THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY”. PressAcademia Procedia, vol. 3, no. 1, 2017, pp. 48-57, doi:10.17261/Pressacademia.2017.391.
Vancouver Can E, Utlu N. THE INTERNATIONALIZATION PROCESS OF EMERGING MARKETS MULTINATIONAL COMPANIES (EMNC): A THEORETICAL AND CONCEPTUAL EXAMINATION ON TURKEY. PAP. 2017;3(1):48-57.

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