1,720,975 research outputs found

    Production-Oriented Internationalization: Strategic implications for traditional SMEs.

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    In the last 15 years, several Traditional SMEs internationalised their production in low-cost countries where they did not have previous selling presence. This paper aims at drawing research attention to this internationalisation model that we call Production-Oriented Internationalisation of SMEs. Firstly, we show that existing theories do not explain Production-Oriented Internationalisation of Traditional SMEs. Subsequently, we propose a framework to direct the research on this issue. We focused the research on both the changes that are stimulated by this kind of internationalisation and on the consequent impact on SMEs competitiveness. Finally, we present a case-study. The empirical analysis is definitely a preliminary one and deserves a more thorough investigation. However, it suggests that the Production-Oriented Internationalisation is a phenomenon with both complex and potentially positive implications. The fact that several Traditional SMEs may undertake such a kind of internationalisation process makes this Production-Oriented Internationalisation of significant practical relevance

    Establishing a Production Unit Abroad: a Continuous Radical Change forManufacturing SMEs Going Global

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    In the last years, several Small-Medium Enterprises (SMEs) internationalized rapidly production in psychic distant countries with limited previous international experience. We focus on organizational change(s) in manufacturing SMEs during the internationalization of production. By analyzing five-case firms from Italy, it emerges that these SMEs were forced to perform a relevant number of adaptations that affected different organizational elements. We argue that these adaptations, spread in time, accumulated into a continuous radical change for the company. Although it is a complicated process, the companies are potentially able to develop capabilities throughout the entire organization and, consequently, improve their global competitiveness

    Rapid Internationalization of Traditional SMEs: Between Stage Models and Born Globals

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    In the last 15 years, several traditional Small-Medium Enterprises (SMEs) have rapidly internationalized operations in psychic distant countries with limited market knowledge, limited use of networks, and limited international experience of the entrepreneurs. The overall purpose of this paper is to draw research attention to this internationalization phenomenon that we call Production-Oriented Internationalization (POI) of traditional SMEs. We describe the peculiar path followed by SMEs during POI by analyzing five case firms from Italy, and show that the leading literature does not contemplate it. We argue that traditional SMEs are able to speed up their internationalization process (from gradual to rapid) thus, becoming actual international players. Given the high relevance of the traditional SMEs in many national economies (e.g. Italy, Spain, Portugal, Denmark), it is interesting to study how these firms can catch up rapidly with the increasing global competition

    Internationalization of Manufacturing SMEs: Organizational Changes

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    In the last 15 years, several Small-Medium Enterprises (SMEs) have rapidly internationalized operations in psychic distant countries with limited market knowledge, limited use of networks, and limited international experience of the entrepreneurs. The overall purpose of this thesis is to draw research attention to this internationalization phenomenon. I focus on the the impacts of the internationalization of operations on internal organizational elements in traditional SMEs. By analyzing five case firms from Italy, it emerges that traditional SMEs were forced to perform a relevant number of adaptations spread in time that affected different organizational elements. I argue that these adaptations accumulated into a continuous radical change for the company; it is a complicated process; nevertheless, the companies are potentially able to develop capabilities throughout the entire organization and to improve their international competitiveness

    Entrepreneurial international decision-making in conditions of high uncertainty and goal ambiguity: an effectuation point of view

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    For the entrepreneurs of Small-Medium Enterprises (SMEs) international context is often characterized by high level of uncertainty and goal ambiguity. In other words, the information available is limited, the international experience is scarce and the future is not predictable and the entrepreneurs operate without a clear and precise plan of action. In such a context, we study the entrepreneurial decision-making that guides SMEs‘ internationalization. By analysing five case studies, we found evidence that through Effectuation lens we are able to explain what would be considered irrational behaviour of the entrepreneurs. Effectuation is a logic used by entrepreneurs to resolve problems in highly uncertain environments. Entrepreneurs can learn to think and act effectually, thus increasing the chances to perform successfully.By adopting an entrepreneurship theory (i.e. Effectuation) that embraces holistic perspective, the present work enhances the International Entrepreneurship theoretical apparatus

    Effectual reasoning in the internationalization process: evidence from Italian SMEs

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    This inductive study analyzes the entrepreneurial cognitive process during the Small-Medium Enterprises’ internationalization of operations. By analyzing 5 case studies we show that the internationalization process can be explained through Effectuation lens. We argue that in the situation of high uncertainty, goal ambiguity, and isotropy even experienced entrepreneurs of already existing organizations tend to adopt effectuation logic during the decision-making process, rather than causal one

    ‘Expect the unexpected’: Implications of effectual logic on the internationalization process

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    International entrepreneurship literature has indicated that entrepreneurs often increase international activities along unexpected lines of reasoning without having a precise goal, resulting in ‘‘unplanned’’ internationalization. We argue that ‘‘unplanned’’ internationalization does not necessarily involve non-logical decisions; but, entrepreneurs can follow an effectual rather than causal logic and may base their decisions on the affordable loss principle rather than on the maximization of expected returns. Based on five case-studies, we discuss the implication of effectual decision-making on the internationalization process. We find that switching from causal to effectual logic allows firms to rapidly increase the level of commitment in the foreign market and could assist in overcoming liabilities of outsidership and, therefore, successfully increase the level of commitment in the foreign market

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
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