Table 4.

Main findings (construct and outcomes)

ConstructValueKey intermediating factorEffects on speed and focus of internationalization process
Type of State ownershipNationalExistence of non-market factors driving internationalization (i.e. international policy agenda, resources, etc.)Leapfrogging (i.e. large sporadic acquisitions abroad)
Concentration in the original internationalized sector
SubnationalMarket orientation as main driver of internationalizationGradual sequence/market-driven internationalization
Search for additional sources of competitiveness (i.e. diversification)
Source: Authors’ own construction

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