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2014 | 2 | nr 1 Global Entrepreneurship from the European Perspective | 49--63
Tytuł artykułu

The Choice of Foreign Market Entry Modes : the Role of Resources and Industrial Driving Forces

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Objective: The objective of the paper is to analyse the effects of corporate resources, attitudes of owner/entrepreneur/manager to internationalisation and the characteristics of the business industry on the entry mode choice.

Research Design & Methods: Based on factor and cluster analyses the authors highlight the latent structure lying behind different variables and find typical groups of companies matching the identified factors.

Findings: Providing physical resources and access to appropriate information is necessary, but not sufficient. The attitude of the owner/entrepreneur/manager to internationalisation should be improved as well so that they will be able to appear and operate successfully in international markets.

Implications & Recommendations: Giving the right place to subjective matters in promoting internationalisation may contribute to the increase in corporate participation in different support programs.

Contribution & Value Added: On the basis of the obtained findings, different ways of how support programs can promote the companies' international activities and strengthen their commitments to achieving higher added values can be defined. (original abstract)
Twórcy
  • University of Miskolc, Hungary
  • University of Miskolc, Hungary
Bibliografia
  • Abrahamczik, C. (2012). Die erfolgreiche Internationalisierung kleiner und mittlerer Unternehmungen.München: Reiner Hampp Verlag.
  • Anderson, E., Gatignon, H. (1986). Modes of foreign entry: a transaction cost analysis and propositions. Journal of International Business Studies, 17(3), 1-26.
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  • Barkema, H., Bell, J.H., & Pennings, J.M. (1996). Foreign entry, cultural barriers, and learning. Strategic Management Journal, 17(2), 151-166.
  • Clerq, D., & Bosma, N. (2004). Why are some firms more internationally committed than others? The role of knowledge, firm development stage and optimism.EIM, SCALES-paper N200408.
  • Daszkiewicz, N., & Wach, K. (2012). Internationalization of SMEs: Context, Models and Implementation. Gdańsk: Gdańsk University of Technology Publishers.
  • Dimitratos, P. (2002). The firm's location in the home country and internationalisation: some evidence from Greek smaller firms. Intereconomics, 37(2), 91-100.
  • EC (2010). Internationalisation of European SMEs, Final report. EIM Business & Policy Research. European Commission - DG Enterprise and Industry.
  • Erikkson, K., Johanson, J., Majkgard, A., & Sharna,D.D. (1997). Experimental knowledge and cost in the internationalization process. Journal of Business Studies, 28(2), 337-360.
  • Erramilli, M.K. (1991). The Experience Factor in Foreign Market Entry Behavior of Service Firms. Journal of International Business Studies, 22(3), 479-501.
  • Eurofound (2012). Born global: The potential of job creation in new international businesses. Luxembourg: Publications Office of the European Union.
  • Granovetter, M. (2005). The impact of social structure on economic outcomes. Journal of Economic Perspectives, 19(1), 33-50.
  • Gubik, S.A. (2011). A comparison of experts' and entrepreneurs' opinions on international business activity. Theory Methodology and Practice, 7(2), 47-54.
  • Hitt, M.A., Bierman, L., Uhlenbruck, K., & Shimizu,K. (2006). The importance of resources in the internationalization of professional service firms: the good, the bad and the ugly. The Academy of Management Journal, 49(6), 1137-1157.
  • Horská, E., & Krasnodębski, A. (2009). The selected theoretical and practical viewpoints to managing cultural diversity in the international business. Agricultural Economics-Czech, 55(8), 368-374.
  • Johanson, J., & Vahlne, J.E. (1977). The internationalization process of the firm - a model of knowledge development and increasing foreign market commitment. Journal of International Business Studies, 8(1), 23-32.
  • Johanson, J., & Vahlne, J.E. (1990). The mechanism of internationalisation. International Marketing Review, 7(4), 11-24.
  • Johanson, J., & Wiedersheim-Paul, F. (1975). The internationalization of the firm. Four Swedish cases. Journal of Management Studies, 12(3), 305-323.
  • Perliz, M. (2004). Internationales Management. Stuttgart: Lusius & Lucius Verlaggesellschaft.
  • Rasmussen, E., & Madsen, T.K. (2002). The Born Global Concept. 28th EIBA Conference in the special session onSME internationalization and born globals - different European views and evidence. Retrieved on January 13, 2013, from http://www.aueb.gr/deos/EIBA2002.files/PAPERS/S4.pdf
  • Reid, S.D. (1981). The decision-maker and export entry and expansion. Journal of International Business Studies, 12(2), 101-112.
  • Stackelberg, H. (1952). The Theory of the Market Economy. London: W. Hodge & Co.
  • Szerb, L., & Márkus, G. (2008). Nemzetköziesedési tendenciák a kis- és közepes méretű vállalatok körében Magyarországon a 2000-es évek közepén. Vállalkozás és Innováció, 2(2), 36-58.
Typ dokumentu
Bibliografia
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Identyfikator YADDA
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