Virtuous and vicious learning cycles in the internationalisation of emerging market firms
by Aleksandra Wąsowska; Krzysztof Obloj; Mariola Ciszewska-Mlinarič
European J. of International Management (EJIM), Vol. 10, No. 1, 2016

Abstract: In this paper, we aim to answer the questions: How do firms from an emerging market learn to overcome resource limitations as they internationalise, and what factors influence their learning ability? Using a case study method, we propose two models of cycles explaining the logic of learning, which are created by a system of initial conditions, managerial mindsets, motives and the pace of internationalisation. A vicious cycle is characterised by limited learning and resource dispersion, while a virtuous cycle encompasses a process of intensive learning and resource accumulation.

Online publication date: Thu, 31-Dec-2015

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