The Internationalization Of Emerging Market Multinationals: Institutions, Resources And Strategy - A Conceptual Review

The internationalisation of emerging market multinationals (EMNCs) has become an important element of international business research. The internationalisation process - motivations, location choice and entry mode strategy, may be dependent on institutional context and market rivalry as well as organisation specific factors. The purpose of this paper is to draw on existing literature to shed light on how institutions, resources and strategy drive EMNCs’ internationalisation and to propose a conceptual framework for i