Emerging market internationalizing firms: Learning through internationalization to achieve entrepreneurial orientation

Abstract

Internationalizing firms export, raise foreign equity, and acquire foreign assets. Based on motivations and processes of emerging market internationalizing firms (EMIFs) and drawing on the organizational learning theory, we propose that EMIFs increase their entrepreneurial orientation through internationalization. We argue that a configuration of learning from exports, cross-listing, and international M&A improves entrepreneurial orientation in EMIFs. Longitudinal (nine-year period) data drawn from 809 Indian firms supports our hypotheses.