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Title: internationalization

Essay Details:

Subject: Miscellaneous
Author: Laura H
Date: March 15, 2012
Level: University
Grade: A
Length: 3 / 749

Essay text:

A fundamental assumption typical of Western models of international expansion is that the firm already possesses need to upgrade their technological and scientific know-how so as to be able to offer products commensurate with the more advanced needs of the international markets. Many times, inward internationalization can act as a starting point to international activity (Mathews, 2006). Thus, according to this view, internationalization of firms from emerging economies is also motivated by learning objectives that allow these firms to overcome the initial resource hurdles arising due to technological gaps and late mover disadvantages in international markets...

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