Lusophone-African SME internationalization: A case for born global and international joint ventures

Journal of Transnational Management Pub Date : 2019-07-03 DOI:10.1080/15475778.2019.1634406

M. Goncalves, E. C. Smith

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引用次数: 9

Abstract

Abstract This study investigates the internationalization strategies of Lusophone Africa multinational enterprises (MNEs) from Angola and Mozambique, more specifically their entry mode. Information was gathered through a survey of 29 MNEs upper management respondents and subsequent face-to-face semi-structured interviews with 24 of them in their countries. The results suggest that most MNEs opted for equity-based investment strategies, mainly joint venture and mergers and acquisitions (M&A) as their preferred mode of entry when internationalizing. A significant group of them opted for e-commerce/e-business strategies and direct and indirect exports. A smaller portion of the interviewees chose Greenfield investment as a mode of entry. Many of these MNEs could be classified as born global/international new venture (INV). Finally, this study presents a conceptual framework for use in studying the entry mode choice of enterprises from Lusophone Africa frontier markets and presents research propositions for better understanding the determinants of entry mode strategies of enterprise from Angola and Mozambique.

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葡语非洲中小企业国际化：天生的全球和国际合资企业案例

摘要本研究考察了来自安哥拉和莫桑比克的葡语非洲跨国企业的国际化战略，特别是它们的进入模式。通过对29名跨国公司高层管理人员的调查和随后在其国家对其中24人的面对面半结构化访谈收集信息。结果表明，大多数跨国公司在国际化过程中选择以股权为基础的投资策略，主要是合资和并购作为其首选的进入方式。其中相当一部分企业选择了电子商务/电子商务战略以及直接和间接出口。小部分受访者选择绿地投资作为进入模式。这些跨国公司中有许多可以归类为天生的全球/国际新企业。最后，本研究提出了一个用于研究葡语非洲前沿市场企业进入模式选择的概念框架，并为更好地理解安哥拉和莫桑比克企业进入模式战略的决定因素提出了研究主张。

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 Transnational Management Social Sciences-Development

CiteScore

2.30

自引率

0.00%

发文量

期刊介绍： As the economic marketplace expands across continents and cultures, it is essential to establish a world-wide network of ideas and information that serves your transnational business interests. The Journal of Transnational Management (retitled from the Journal of Transnational Management Development to better reflect its focus) is an international forum that examines management research, teaching and training techniques, consulting, and development issues from a multicultural perspective, presenting practical business strategies that produce results on a global scale. The Journal of Transnational Management is a comprehensive resource for management in foreign environments, presenting an exchange of conceptual and empirical research on an international level. Articles written by business practitioners, management development experts, and academicians address issues related to firms, public enterprises, educational institutions, and nonprofit organizations throughout the world.