Editing Internationalization (section)

=== Learning portal model ===
The Learning portal model <ref>{{cite journal |last1=Hertenstein |first1=P. |last2=Alon |first2=I. |date=2021 |title=A learning portal model of emerging markets multinationals |journal=Global Strategy Journal |volume=12 |pages=134–162 |doi=10.1002/gsj.1400 |doi-access=free }}</ref> is a new theory that was originally developed to explain the emergence and catch-up of multinational firms from the emerging markets. The theory explains that latecomer firms (from both, advanced and emerging markets) can use springboarding strategies to leapfrog certain technological development stages and accelerate their catch‐up with incumbent leading firms in their industry. To do so, the catching-up firms establish learning portals in knowledge hubs to acquire knowledge and assets, which they exploit to compete in global markets.