Internationalization of infrastructure companies

• Autor(a) principal: Turolla, Frederico Araujo
• Data de Publicação: 2009
• Outros Autores: Paiva, André Ricardo Noborikawa, Monteiro, Érika Roberta
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Internext
• Texto Completo: https://internext.espm.br/internext/article/view/81
• topic: Negócios Internacionais; Internacionalização; Organização Industrial; Infra-estrutura.

The decision of infrastructure firms to go international is not a simple one. Differently from firms from most of the sectors, investment requires large amounts of capital, there are significant transaction costs and also involves issues that are specific to the destiny country. In spite of the risks, several infrastructure groups have been investing abroad and have widened the foreign part in the share of the receipts. The study herein proposed is a refinement of the established theory of international business, with support from the industrial organization theory, namely on infrastructure economics. The methodology is theoretical empirical since it starts from two existing theories. Hypotheses relate the degree of internationalization (GI) to a set of determinants of internationalization. As of conclusions, with the exception of the economies of density and scale, which did not show as relevant, all other variables behaved as expected.