Abstract
Several public enterprises (PEs) from the developing countries are internationalizing their operations, with a few even turning -into multinational corporations. The paper presents evidence from an exploratory study of 36 Indian PEs on their internationalization orientation, and discusses the motives as well as factors facilitating and inhibiting it. The organizational design appropriate for internationalization and some issues in the management of internationalization of PEs are discussed. It notes the potential opportunities and threats internationalizing PEs may pose to MNCs from developed countries and public policy issues pertaining to PE internationalization.
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