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The Growth Challenge of Western SMES in Emerging Markets: An Exploratory Framework and Policy Implications
Get PDFIn this paper, we explore the main inhibiting factors associated with the
process of entry and escalation of SMES in international markets, with a
focus on Emerging Markets. We identify and propose seven main categories
of Institutional Voids and three main types of resources that may
critically determine SMES’ performances on EMS, namely, internationalization
knowledge, social capital resources and marketing capabilities. Institutional
Voids and resources are brought together within a conceptual
framework suggesting that resource-scarce SMES will hold back in their
attempts to commit further to Emerging Markets and will be further dissuaded
the higher the Institutional Voids in the market. The paper contributes
to the policy literature on SME internationalization by focusing
on two areas of public policy action that could have a clear and manifest
impact on SMES conduct in Emerging Markets, the first related to the resources
available to and exploitable by SMES and the latter associated with
Institutional Voids
Internacionalizacija poslovanja na trg JV Evrope s poudarkom na panogi informacijskih tehnologij
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Organiziranost osnovne zdravstvene dejavnosti v Sloveniji in primerjava z izbranimi državami Evropske unije
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