Extending Uppsala Model with Springboard Perspective in Emerging Multinational’s Sequential Internationalisation—Evidence from a Construction Company’s Expansion in Africa

Journal of Risk and Financial Management

Qiuling Gao¹  Ruosu Gao²  Kaiyang Sun³  Xiaolin Zhuang⁴ 

[1] Business School, Beijing International Studies University, Beijing 100024, China;Business School, University of Sydney, Sydney 2006, Australia;Department of Management, Monash University, Melbourne 3800, Australia;Department of Physical Education, Myongji University, Seoul 03674, Korea;

关键词: Uppsala model;    springboard perspective;    emerging multinational enterprise;    sequential internationalisation;    environmental volatility;   

DOI  :  10.3390/jrfm15010016

来源: DOAJ

【 摘 要 】

The Uppsala model explains the traditional internationalisation process of multinational enterprises (MNEs), which gradually begin to internationalise from countries with smaller psychic distances. However, in the turbulent global economy, an increasing number of MNEs from emerging markets (EMNEs) adopts a more radical and aggressive approach, strategically using international expansion as a springboard to enter an overseas market and radiate surrounding countries and regions. By combining the springboard perspective and the Uppsala model, we analyse a series of processes from EMNE’s first entry into an overseas market to the successful localisation and expansion of international business. This radical model of international expansion has not been thoroughly studied. This empirical study aims to address this research gap by using a qualitative method and an in-depth case study. This paper conducted a semi-structured interview with 16 expatriates, executives, and middle-level managers from the case company in 2016. As one of the few single case studies that systematically studies the internationalisation process of EMNEs and provides first-hand empirical evidence, it contributes to practice and provides a contextual reference for EMNEs.

【 授权许可】

Unknown