Factors affecting SMEs’ strategic decisions to approach international markets
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/11328/2544 https://doi.org/10.1504/EJIM.2020.10018550 |
Resumo: | The internationalisation challenges that face all companies are no longer the exclusive concern of multinationals. Participation in the international marketplace has become a reality for large firms and small and medium-sized enterprises (SME) alike. This kind of participation can be rewarding for both companies and employees. The markets that SMEs enter and the success of this entry depend on several factors such as cultural differences, company tradition, venture capital, products and competitors. The goal of this study is therefore to understand whether the characteristics of the external market, the characteristics of the company itself and the barriers to internationalisation influence the strategic approach that SMEs adopt in their internationalisation processes. Using data on 320 Portuguese SMEs, we apply multivariate analyses to test the dimensions of internationalisation. We find that the decision of SMEs to internationalise involves an institutional change in response to external pressures in the home country. SMEs under greater institutional pressure not only tend to expand further but also engage in their initial international activities more radically. |
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Factors affecting SMEs’ strategic decisions to approach international marketsInternationalisationSMEsStrategic approachExternal marketBarriersThe internationalisation challenges that face all companies are no longer the exclusive concern of multinationals. Participation in the international marketplace has become a reality for large firms and small and medium-sized enterprises (SME) alike. This kind of participation can be rewarding for both companies and employees. The markets that SMEs enter and the success of this entry depend on several factors such as cultural differences, company tradition, venture capital, products and competitors. The goal of this study is therefore to understand whether the characteristics of the external market, the characteristics of the company itself and the barriers to internationalisation influence the strategic approach that SMEs adopt in their internationalisation processes. Using data on 320 Portuguese SMEs, we apply multivariate analyses to test the dimensions of internationalisation. We find that the decision of SMEs to internationalise involves an institutional change in response to external pressures in the home country. SMEs under greater institutional pressure not only tend to expand further but also engage in their initial international activities more radically.2019-01-18T11:23:58Z2019-01-182020-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfLobo, C. A., Fernandes, C., Ferreira, J. J. M., & Ortiz, M. P. (2020). Factors affecting SMEs’ strategic decisions to approach international markets. European Journal of International Management, 14(4), 617-639. Repositório Institucional UPT. http://hdl.handle.net/11328/2544http://hdl.handle.net/11328/2544Lobo, C. A., Fernandes, C., Ferreira, J. J. M., & Ortiz, M. P. (2020). Factors affecting SMEs’ strategic decisions to approach international markets. European Journal of International Management, 14(4), 617-639. Repositório Institucional UPT. http://hdl.handle.net/11328/2544http://hdl.handle.net/11328/2544https://doi.org/10.1504/EJIM.2020.10018550eng1751-6765http://www.inderscience.com/info/ingeneral/forthcoming.php?jcode=ejimhttp://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessLobo, Carla AzevedoFernandes, CristinaFerreira, João José MatosOrtiz, Marta Perisreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-16T02:06:51Zoai:repositorio.upt.pt:11328/2544Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:39:42.179654Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Factors affecting SMEs’ strategic decisions to approach international markets |
title |
Factors affecting SMEs’ strategic decisions to approach international markets |
spellingShingle |
Factors affecting SMEs’ strategic decisions to approach international markets Lobo, Carla Azevedo Internationalisation SMEs Strategic approach External market Barriers |
title_short |
Factors affecting SMEs’ strategic decisions to approach international markets |
title_full |
Factors affecting SMEs’ strategic decisions to approach international markets |
title_fullStr |
Factors affecting SMEs’ strategic decisions to approach international markets |
title_full_unstemmed |
Factors affecting SMEs’ strategic decisions to approach international markets |
title_sort |
Factors affecting SMEs’ strategic decisions to approach international markets |
author |
Lobo, Carla Azevedo |
author_facet |
Lobo, Carla Azevedo Fernandes, Cristina Ferreira, João José Matos Ortiz, Marta Peris |
author_role |
author |
author2 |
Fernandes, Cristina Ferreira, João José Matos Ortiz, Marta Peris |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Lobo, Carla Azevedo Fernandes, Cristina Ferreira, João José Matos Ortiz, Marta Peris |
dc.subject.por.fl_str_mv |
Internationalisation SMEs Strategic approach External market Barriers |
topic |
Internationalisation SMEs Strategic approach External market Barriers |
description |
The internationalisation challenges that face all companies are no longer the exclusive concern of multinationals. Participation in the international marketplace has become a reality for large firms and small and medium-sized enterprises (SME) alike. This kind of participation can be rewarding for both companies and employees. The markets that SMEs enter and the success of this entry depend on several factors such as cultural differences, company tradition, venture capital, products and competitors. The goal of this study is therefore to understand whether the characteristics of the external market, the characteristics of the company itself and the barriers to internationalisation influence the strategic approach that SMEs adopt in their internationalisation processes. Using data on 320 Portuguese SMEs, we apply multivariate analyses to test the dimensions of internationalisation. We find that the decision of SMEs to internationalise involves an institutional change in response to external pressures in the home country. SMEs under greater institutional pressure not only tend to expand further but also engage in their initial international activities more radically. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-01-18T11:23:58Z 2019-01-18 2020-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
Lobo, C. A., Fernandes, C., Ferreira, J. J. M., & Ortiz, M. P. (2020). Factors affecting SMEs’ strategic decisions to approach international markets. European Journal of International Management, 14(4), 617-639. Repositório Institucional UPT. http://hdl.handle.net/11328/2544 http://hdl.handle.net/11328/2544 Lobo, C. A., Fernandes, C., Ferreira, J. J. M., & Ortiz, M. P. (2020). Factors affecting SMEs’ strategic decisions to approach international markets. European Journal of International Management, 14(4), 617-639. Repositório Institucional UPT. http://hdl.handle.net/11328/2544 http://hdl.handle.net/11328/2544 https://doi.org/10.1504/EJIM.2020.10018550 |
identifier_str_mv |
Lobo, C. A., Fernandes, C., Ferreira, J. J. M., & Ortiz, M. P. (2020). Factors affecting SMEs’ strategic decisions to approach international markets. European Journal of International Management, 14(4), 617-639. Repositório Institucional UPT. http://hdl.handle.net/11328/2544 |
url |
http://hdl.handle.net/11328/2544 https://doi.org/10.1504/EJIM.2020.10018550 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
1751-6765 http://www.inderscience.com/info/ingeneral/forthcoming.php?jcode=ejim |
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http://creativecommons.org/licenses/by/4.0/ info:eu-repo/semantics/openAccess |
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http://creativecommons.org/licenses/by/4.0/ |
eu_rights_str_mv |
openAccess |
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application/pdf |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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