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Article Title:
Exploration of Internationalization Patterns in Mexican Multinationals Firms
by Jose G. Vargas-Hernandez, Jose Satsumi Lopez-Morales, and Claudia Mirella Inda-Tello

Abstract:
The commercial openness of the Mexican economy since 30 years ago bring new horizons for Mexican multinational firms (MXMNC?s) to go abroad. The internationalization requires a strategy for the consolidation in international markets due to the major competitiveness. The aim of this study is to analyze the different internationalization patterns followed by main Mexican multinationals. In order to reach this goal we select as sample the main MXMNC?s that appears in the ranking of multilatinas published by the Chilean magazine America Economia. Using a qualitative method of review of web pages we gathered data in order to analyze the internationalization patterns of MXMC?s. In addition, for supporting the researching another key facts were analyzed. The results shows that the FDI, exports and acquisitions are the most used internationalization patterns and that the internationalization of these firms have been a gradual progress. Likewise these internationalization patterns have contributed to the development of the MXMC?s. The significance of this study is to contribute to the literature of multinationals from emerging markets, concretely in Mexican firms that have been scarcely addressed in the literature about this topic.

Keywords: Internationalization Patterns, Mexican firms, mergers, acquisitions, FDI.

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