Behind Emerging Market Firms’ Internationalization, Diversification, and Innovation: A Geographic Relational Approach

IF 9.3 1区管理学 Q1 BUSINESS

Journal of Management Pub Date : 2025-04-28 DOI:10.1177/01492063251332551

Xiaoming He, Di Fan, Xinli Huang, Mike W. Peng

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引用次数: 0

Abstract

The internationalization of emerging market firms (EMFs) has attracted substantial research attention. Yet, how EMFs engage in diversification and innovation during internationalization remains underexplored. Drawing insights from a geographic relational perspective, we perform a fuzzy-set qualitative comparative analysis (fsQCA) on a sample of EMFs. Our findings suggest that EMFs can choose from multiple equifinal internationalization pathways to capture growth opportunities in diversification and/or innovation. These new insights emphasize that achieving diversification or innovation requires a combination of organizational contextuality, international path dependence, and geographic practice attributes. We further develop a taxonomy of five EMFs’ geographic relational configurations for diversification and/or innovation: entrenching specialist, niche explorer, global adapter, transnational agent, and strategic aspirant. Overall, by unleashing the power of configurational analysis, this paper reveals what is behind the intriguing internationalization of EMFs with a focus on diversification and innovation.

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新兴市场企业国际化、多元化与创新背后的地理关系分析

新兴市场企业的国际化已经引起了大量的研究关注。然而，在国际化过程中，emf如何参与多元化和创新仍未得到充分探讨。从地理关系的角度得出见解，我们对电磁场样本进行了模糊集定性比较分析（fsQCA）。我们的研究结果表明，emf可以从多种等效的国际化路径中进行选择，以抓住多元化和/或创新的增长机会。这些新的见解强调，实现多样化或创新需要组织情境性、国际路径依赖性和地理实践属性的结合。我们进一步发展了五种新兴市场基金在多元化和/或创新方面的地理关系配置的分类：巩固专家、利基探索者、全球适应者、跨国代理商和战略抱负者。总的来说，通过释放配置分析的力量，本文揭示了emf引人入胜的国际化背后的原因，重点是多样化和创新。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Management Multiple-

CiteScore

22.40

自引率

5.20%

发文量

期刊介绍： The Journal of Management (JOM) aims to publish rigorous empirical and theoretical research articles that significantly contribute to the field of management. It is particularly interested in papers that have a strong impact on the overall management discipline. JOM also encourages the submission of novel ideas and fresh perspectives on existing research. The journal covers a wide range of areas, including business strategy and policy, organizational behavior, human resource management, organizational theory, entrepreneurship, and research methods. It provides a platform for scholars to present their work on these topics and fosters intellectual discussion and exchange in these areas.