Small and medium-sized enterprises (SMEs) play an important role in economic and development growth, particularly in developing countries. Their success depends on the expansion of their markets across borders, based on the strategies adopted, in which differentiation strategies and positional...

Aspirant economies are upper middle-income countries seeking to become high-income economies, often through innovation by their internationalizing firms including multinational enterprises. This article reviews selected existing studies on innovation by internationalizing firms from aspirant...

An enormous number of firms fail to deliver economically profitable growth in output even though they may have strong managerial teams and adequate capital. In this paper, we provide new empirical evidence to demonstrate a few fundamental factors that can account for the ability of a firm to...

How do foreign multinationals’ (MNEs) entry strategies and origins affect target firms’ performance? To shed light on this question, we identify five entry strategies for MNEs from two origins, and adopt an event study model with the coarsened exact matching approach where firms’...

Possessing an international brand in an exclusive field can play a critical role in developing exports. On the other hand, monitoring market conditions and predicting the changes caused by the physical separation and distance between the upstream and downstream markets and asymmetric information...

This study aims to investigate the outward foreign direct investment (FDI) location choices of leading Turkish business groups (TBGs) regarding internationalization motives, dynamic capabilities (DC), and institutional context. The scope of the study consists of eleven multinational TBGs with...