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Essay Details:
Essay text:
A fundamental
assumption typical of Western models of international expansion is that the firm already possesses
need to upgrade their technological and scientific know-how so as to be able to offer products
commensurate with the more advanced needs of the international markets. Many times, inward
internationalization can act as a starting point to international activity (Mathews, 2006). Thus,
according to this view, internationalization of firms from emerging economies is also motivated by
learning objectives that allow these firms to overcome the initial resource hurdles arising due to
technological gaps and late mover disadvantages in international markets...
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