Accelerated Internationalization in Emerging Markets: Empirical Evidence from Brazilian Technology-Based Firms

  • Fernanda Ferreira Ribeiro FEI - School of Industrial Engineering Business Department Assistant professor
  • Moacir Miranda Oliveira University of São Paulo Business Department Associate Professor
  • Felipe Mendes Borini ESPM – Escola Superior de Propaganda e Marketing Business Department Associate Professor
  • Roberto Bernardes FEI - School of Industrial Engineering Business Department Associate Professor
Keywords: internationalization, emerging economies, technology-based firms, born globals.

Abstract

This paper offers an analysis into the external factors influencing the accelerated internationalization of technology-based firms (TBFs) in the context of an emerging country, Brazil. This type of firm is typically called born global and has been reported mainly in high technology sectors and from developed countries. A survey was applied to small and medium Brazilian TBFs. Logistic regression was used to test the research hypotheses. The results suggest that new and small Brazilian technology-based firms, which followed an accelerated internationalization process, are most likely to be integrated into a global production chain. Results also show that TBFs which take more than five 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 of studies.

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Published
2014-04-15
How to Cite
Ribeiro, F. F., Oliveira, M. M., Borini, F. M., & Bernardes, R. (2014). Accelerated Internationalization in Emerging Markets: Empirical Evidence from Brazilian Technology-Based Firms. Journal of Technology Management & Innovation, 9(1), 1-12. https://doi.org/10.4067/S0718-27242014000100001
Section
Research Articles