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2017 | 5 | nr 4 International Competitiveness | 91--109
Tytuł artykułu

The Role of Relationships in Initiating the Internationalisation Process in B2B Markets

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Objective: The objective of this article is to explore the impact of a regulatory constraint: the ease of paying taxes, on the likelihood of technology licensing and the subsequent impact on the sales of firms acquiring such licences across 30 countries.

Research Design & Methods: In a comparative, longitudinal study design we apply random effects panel logit, and random-effects GLS regression models. The World Bank Enterprise Surveys panel data for Central Europe for 2008 to 2013 is the source data for the analysis. Surveys of firms from 30 countries in Central and Eastern Europe and Central Objective: The objective of this paper is to evaluate how companies use the relationship capital when initiating the internationalisation process and how the development of a business network affects this process.

Research Design & Methods: The paper presents a comparative analysis of case studies of seven companies based in Poland and operating in foreign markets. This set of primary data and a comprehensive literature review served as a stimulus for the development of a typology of relationship capital mediating agents.

Findings: The cornerstone of the article is the assumption that in order to accelerate internationalisation, entities trying to enter foreign markets have to "borrow" relationship capital from one or more of several mediating agents. The article identifies these agents and outlines the role of different types of relationships during the market entry phase.

Implications & Recommendations: The article proposes a typology of relationship capital mediating agents such as: foreign and domestic intermediaries, individual insiders, own international and corporate network, own network expansion, and corporate or personal referrals. It also outlines the limited role of social relationships in concluding a successful market entry, placing them as one of the possible, but not necessary, options.

Contribution & Value Added: The originality of this work lies in the application of the concept of the relationship assets/capital to the network approach in internationalisation as proposed by the Industrial Marketing and Purchasing Group (IMP) and the development of a typology of relationship capital mediating agents. (original abstract)
Rocznik
Tom
5
Strony
91--109
Opis fizyczny
Twórcy
  • Poznań University of Economics and Business, Poland
  • Poznań University of Economics and Business, Poland
  • Poznań University of Economics and Business, Poland
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