What motivates firms in emerging economies to internationalize? In contrast to the previous literature suggesting that a competitive advantage is a key for firms to enter foreign markets, we propose one new explanation: the zonal advantage (ZA). ZA allows companies to internationalize without...

Emerging and developing states are home to powerful corporations capable of deploying economic activities on a global scale through the rapid pace of technological change and globalisation. But such corporations have to date been largely overlooked in the field of business and human rights....