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Theoretical Perspectives on Emerging Country Multinationals

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Turkish Multinationals

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Abstract

This chapter portrays the recent debates in the field of international business regarding the rise of emerging country multinationals (EC MNEs) and the meaning of this phenomenon for the academic field. It provides a review of mainstream (i.e., internationalization process model and OLI framework) and emerging perspectives (i.e., springboard perspective and linkage, leverage, learning (LLL) perspective)—which are particularly concentrated on EC MNEs—on the internationalization of the firm. The chapter further reviews the pertinent literature on the dimensions of the internationalization of EC MNEs that are drivers of and motives for outward foreign direct investment (OFDI), and characteristics of their internationalization processes including location and entry mode choices.

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  1. Fatih University, Buyukcekmece, Turkey

    Yuksel Ayden

  2. University of Essex, Southend-on-Sea, UK

    Mehmet Demirbag

  3. Ibn Haldun University, Basaksehir, Turkey

    Ekrem Tatoglu

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  1. Yuksel Ayden
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  2. Mehmet Demirbag
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  3. Ekrem Tatoglu
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Ayden, Y., Demirbag, M., Tatoglu, E. (2018). Theoretical Perspectives on Emerging Country Multinationals. In: Turkish Multinationals. Palgrave Studies of Internationalization in Emerging Markets. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-57294-9_3

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