TY - JOUR
T1 - The internationalization of Nigerian firms
T2 - Motivations and location patterns
AU - Omokaro-Romanus, Constance
AU - Anchor, John R.
AU - Konara, Palitha
PY - 2019/1
Y1 - 2019/1
N2 - Despite the increased number of studies of the internationalization of emerging-market multinationals (EMNCs), Latin American and Asian firms have dominated the focus of such studies, while the study of the internationalization process of sub-Saharan African firms in the international business literature is quite limited. Therefore, this article examines the motivations and location patterns of the internationalization process of four Nigerian firms through a multiple case study approach. The findings show that the internationalization of the Nigerian firms is a recent phenomenon, but the foreign investment pattern reflects a pan-African investment strategy. However, the findings also reveal that the firm-specific advantages that had been accumulated in the domestic market, coupled with home-country factors and regional-/host-market factors, were key determinants of the motivations and location patterns in the internationalization process of Nigerian firms.
AB - Despite the increased number of studies of the internationalization of emerging-market multinationals (EMNCs), Latin American and Asian firms have dominated the focus of such studies, while the study of the internationalization process of sub-Saharan African firms in the international business literature is quite limited. Therefore, this article examines the motivations and location patterns of the internationalization process of four Nigerian firms through a multiple case study approach. The findings show that the internationalization of the Nigerian firms is a recent phenomenon, but the foreign investment pattern reflects a pan-African investment strategy. However, the findings also reveal that the firm-specific advantages that had been accumulated in the domestic market, coupled with home-country factors and regional-/host-market factors, were key determinants of the motivations and location patterns in the internationalization process of Nigerian firms.
KW - emerging-market multinational firms
KW - internationalization process
KW - location patterns
KW - motivations
KW - Nigerian firms
KW - sub-Saharan African firms
UR - http://www.scopus.com/inward/record.url?scp=85041187727&partnerID=8YFLogxK
U2 - 10.1002/tie.21962
DO - 10.1002/tie.21962
M3 - Article
VL - 61
SP - 75
EP - 88
JO - Thunderbird International Business Review
JF - Thunderbird International Business Review
SN - 1096-4762
IS - 1
ER -