Abstract—The realm of globalization strengthens the opportunities and pressures emerging market firms to engage in cross-border acquisitions. Based on the resource-based view (RBV), this research configures ‘ex ante’ determinants of emerging market firms and its impact on international expansion. Empirical findings indicate that organizational resources overall positively and significantly impact on internationalization after cross-border acquisition. This research shed light on the resource antecedents of emerging market firms that influence internationalization by empirically analyzing Indian firms’ cross-border acquisition. This study advances our understanding of the antecedents of emerging market firms’ international expansion providing implications and avenues for future research.

Index Terms—resource-based view, emerging market firms, cross-border acquisition, degree of Internationalization

Cite: PhilSoo Kim, JaeJoon You, and KyungTai Paik, "Understanding the Impact of Firm Resources on the Degree of Internationalization through Cross-Border Acquisitions: An Emerging Market Perspective," Journal of Advanced Management Science, Vol. 1, No. 4, pp. 389-394, December 2013. doi: 10.12720/joams.1.4.389-394