“…The increase in the DOI level means that companies are progressing in the internationalization process and has an impact on the export performance of the companies (Pangarkar, 2008). When subanalyses of DOI elements are conducted, it would be observed that there is a correlation between the performance and the factors of FSTS (Riahi -Balkaoui, 1998, Nehrt, 1999, Ruigrok et al, 2007Loncan and Nique, 2010), FATA (Sullivan,1994;Ramaswamy et al, 1996;Nehrt, 1999;Kennelly and Lewis, 2001), PDIO (Conway and Swift, 2000;Evans et al, 2000;Loncan and Nique, 2010), TMIE (Sua'rez-Ortega and A'lamoVera, 2005), FETE (Contractor et al, 2003;Hassel et al, 2003;Chang, 2007;Greve et al, 2009;Nielsen, 2010;Zhang and Toppinen, 2011), OSTS (Sullivan,1994;Ramaswamy et al, 1996;Kennelly and Lewis, 2001). Several correlations such as S (Lu and Beamish, 2004), J and U (Contractor et al, 2003), reverse U (Elango and Sethi, 2007), positive linear, positive decreasing (López-Morales and Gómez-Casas, 2014) between DOI and performance have been established by various researchers.…”