The internationalization process of emerging markets multinational companies (EMNC): A theoretical and conceptual examination on Turkey

Abstract

Today, the efforts and achievements of the emerging economies towards becoming multinational are paying attention to the academic and international business world. Until today, the internationalization process of developed countries companies are examined, nowadays a reversal point of view has developed and the internationalization process of emerging market multinational companies (EMNC) have begun to be studied heavily. The aim of this study is to examine the internationalization processes of EMNC by presenting current model, by making proposals to companies that want to be multinational. Starting from this aim, the internationalization processes theories of EMNC have been examined; the statistical data of international organizations are given by using documentary research method accepted as a quantitative research method and Turkish Multinational Companies are analyzed. When these theories and our multinational companies are examined, it has been found that Turkey is supported in the framework of internationalization process, Uppsala, Network, Eclectic Paradigm theories.