Abstract
After the First World War international business became an integral part of the activities of firms in economically advanced economies. The internationalization process intensified under the impact of the growing national economic activities, the international movement of capital, the demand for raw materials and food, the introduction of international property laws, and the development of technology and infrastructure. Consequently, multinational corporations (MNCs) experienced accelerated growth and became dominant players in the world marketplace. MNCs entered overseas markets via exporting and foreign direct investment (FDI).
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© 2012 Marin A. Marinov and Svetla T. Marinova
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Marinov, M.A., Marinova, S.T. (2012). Internationalization of Emerging Economies and Firms. In: Marinov, M., Marinova, S. (eds) Internationalization of Emerging Economies and Firms. Palgrave Macmillan, London. https://doi.org/10.1057/9780230363663_1
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DOI: https://doi.org/10.1057/9780230363663_1
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