Accelerated Internationalization in Emerging Markets: Empirical Evidence from Brazilian Technology-Based Firms
This article investigates the external factors driving the accelerated internationalization of technology-based firms (TBFs) in the context of an emerging market, Brazil. This type of firm is typically called born global and has been reported mainly in the high-technology sectors and from the develo...
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| Autores principales: | , , , |
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| Lenguaje: | English |
| Publicado: |
Universidad Alberto Hurtado. Facultad de Economía y Negocios
2014
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| Materias: | |
| Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242014000100001 |
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| Sumario: | This article investigates the external factors driving the accelerated internationalization of technology-based firms (TBFs) in the context of an emerging market, Brazil. This type of firm is typically called born global and has been reported mainly in the high-technology sectors and from the developed countries. Our research is survey-based, and a questionnaire was applied to the small and medium Brazilian TBFs. Logistic regression was used to test the research hypotheses. The results suggest that the new and small Brazilian technology-based firms, which followed an accelerated internationalization process, are most likely to be integrated into a global production chain. The results also indicate that the TBFs that take more than 5 years to enter the international market benefit more from the location in an innovation habitat, the partnerships in the home country, and the pro-internationalization government policies. Therefore, this research contributes to a better understanding of the phenomenon and points to new perspectives for future studies on TBFs from emerging markets. |
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