Internationalization of infrastructure companies

Authors

  • Frederico Araujo Turolla ESPM
  • André Ricardo Noborikawa Paiva Pezco Pesquisa & Consultoria
  • Érika Roberta Monteiro Pezco Pesquisa & Consultoria

DOI:

https://doi.org/10.18568/1980-4865.4140-59

Keywords:

Negócios Internacionais, Internacionalização, Organização Industrial, Infra-estrutura.

Abstract

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.

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Author Biographies

Frederico Araujo Turolla, ESPM

Doutor em Economia de Empresas pela Fundação Getúlio Vargas - SP (2005). Mestre em Economia de Empresas pela mesma instituição (1999). Possui intercâmbio em International Economics and Finance pela Brandeis University (1997). Graduado em Ciências Econômicas pela Universidade Federal de Juiz de Fora (1994). É membro fundador do capítulo Latino Americano do Academy of International Business. Atualmente é professor da Escola Superior de Propaganda e Marketing - ESPM e pesquisador do Núcleo de Estudos em Gestão Internacional (NEGI). Também leciona cursos de pós-graduação e MBA na Escola de Economia da FGV. Pesquisa o tema: análise econômica dos investimentos diretos internacionais em infra-estrutura com ênfase na comparação econométrica de modelos (horse race) e análise de dados quantitativos.

André Ricardo Noborikawa Paiva, Pezco Pesquisa & Consultoria

Estudante do último ano do curso de Ciências Econômicas do Centro Universitário Álvares Penteado (FECAP). Atualmente é analista da Pezco Pesquisa e Consultoria

Érika Roberta Monteiro, Pezco Pesquisa & Consultoria

Possui graduação em Ciências Econômicas pela Universidade Presbiteriana Mackenzie (2007). Atualmente é Consultora do Pezco Pesquisa & Consultoria.

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Published

2009-03-11

How to Cite

Turolla, F. A., Paiva, A. R. N., & Monteiro, Érika R. (2009). Internationalization of infrastructure companies. Internext - International Business and Management Review, 4(1), 40–59. https://doi.org/10.18568/1980-4865.4140-59

Issue

Vol. 4 No. 1 (2009)

Section

Article

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