ABSTRACT Objective: This study aims to analyze the mediation of institutional factors in the relationship between strategic orientations and the propensity of companies, particularly technology-based companies (TBCs), to internationalize in emerging economies. Method: This quantitative, descriptive, cross-sectional survey was conducted with a population and sample of 137 Brazilian TBCs. The data were analyzed through correlational and multivariate analysis using the structural equation modeling technique. Results: The findings indicate that institutional factors positively influence the propensity for internationalization of the investigated TBCs. Additionally, these institutional factors mediate the relationship between entrepreneurial strategic orientations and international growth orientation. In other words, entrepreneurship can enhance the international expansion capacity of TBCs, and the institutional environment of the target market often influences the success of this expansion. Conclusion: The presence of mediation, even when there is a strong entrepreneurial orientation, suggests that TBCs do not operate in isolation. Rather, their success is deeply connected to the institutional contexts in which they operate. For an effective international growth strategy, TBCs must focus on their internal capacities and orientations and remain attentive and adaptable to the nuances and demands of the institutional environment.

A influência do crescimento econômico chinês em nível global vai além dos impactos econômicos e financeiros nos países. As organizações que realizam Investimento Direto Estrangeiro na China e as empresas chinesas que investem no exterior lidam com um aspecto em comum: o guanxi. Enquanto "o que você sabe" é valorizado na cultura ocidental, na China a ênfase está em "quem você conhece", ou seja, nas conexões sociais com autoridades e outros indivíduos. Este estudo tem como objetivo proporcionar um esclarecimento teórico sobre o que é guanxi, evidenciando as suas origens na China, as principais características intrínsecas do construto e como um ocidental pode desenvolver guanxi, tornando-o um ativo intangível para a sua organização. Além disso, algumas pesquisas que comprovam a relação do guanxi com os fluxos de IDE, com o desempenho empresarial e com os modelos de financiamento no Brasil foram apresentadas.

The influence of Chinese economic growth at the global level goes beyond the financial and economic impacts in the countries. The organizations that carry out Foreign Direct Investment (FDI) in China and Chinese companies investing abroad deal with one thing in common: guanxi. While "what you know" is valued in Western culture, in China the emphasis is on "who you know", ie, the social connections with authorities and others. Therefore, this study aims to provide a theoretical clarification about what is guanxi, showing its origins in China, the main intrinsic characteristics of the construct, and how a Westerner can develop guanxi, making it an intangible asset to your organization. Furthermore, some studies that show the relationship between guanxi with FDI flows, corporate performance and financing models in Brazil were presented.

To provide new inferences on the relation between the management of technology information, sustainable development and the innovative performance of firms, a survey was carried out among Brazilian industrial enterprises with innovative characteristics. The study sought to understand how technological innovation management practices that take social and environmental responsibility into account influence firms' internationalization process. The independent and dependent variables suggest that there is a connection between managing technology for sustainable development and innovative performance. We tried to identify the main technological management practices that reflect commitment to sustainable development. The results suggest that firms' international success and high degree of competitiveness are based on offering innovative technology solutions that show commitment to the environment. The study identifies important elements of an emerging area of knowledge in the field of management sciences.

The aim of this article is to describe and to analyze how the consolidation in the international markets of Brazilian construction companies occurred. The methodological procedures had been classified as descriptive conclusive research and data was collected under a qualitative orientation. A study of four companies was conducted: Andrade Gutierrez, Mendes Júnior, Norberto Odebrecht and Queiroz Galvão. A theoretical model with four analytical levels was considered: the macro context, the institutional environment, the industry and the firm. The results indicate that consolidation in international markets occurred largely as a result of factors concerning strategic management in response to the institutional processes and the appropriateness of the sector's competitive conditions. In theoretical terms, this article makes progress when understanding internationalization processes is concerned in that it proposes a model that integrates knowledge from the fields of study of administration, organizations and international business. Although the model may be refined in future research, we believe that it reflects an important step toward the development of a broad theoretical frame of reference capable of covering the wealth and diversity that are typical of international activity.