Enriching internationalization process theory: insights from the study of emerging market multinationals
通过分析新兴市场跨国企业与发达国家跨国企业的差异，提出从资源、交易和过程三种本体论视角审视现有理论，并揭示政府、追赶和全球价值链三个加速器，以丰富国际化过程理论。
We argue and explain how the study of emerging market multinational companies can help enrich our understanding of the internationalization process. Firms' internationalization process is a central and enduring theme in international business. However, most of the theoretical models are built on the analysis of advanced economy multinationals. Emerging market multinationals differ crucially in the role that the home country plays in their behavior, resulting in different patterns of internationalization. We propose that the discussion of the applicability of extant theory can be advanced by differentiating internationalization theories according to three different ontological perspectives: resource oriented, transaction oriented, and process oriented. We further suggest that the study of emerging market multinationals' internationalization processes reveals three contextual accelerators: government, catch-up, and global value chains. These accelerators help adapt internationalization process models to new contextual realities.