What factors contribute to the high demand for Italian-made products among Japanese customers?5 answersThe high demand for Italian-made products among Japanese customers can be attributed to various factors. Firstly, the success of the Made in Italy brand, synonymous with refined taste and attention to detail, has significantly influenced consumer preferences in international markets, including Japan. Additionally, the transnational development of Italian cuisine in Japan, with Japanese chefs acquiring skills in Italy and elevating the quality of Italian restaurants in Japan, has played a crucial role in enhancing the appeal of Italian products to Japanese consumers. Moreover, the reception and diffusion of popular Italian television series in Japan, such as Il commissario Montalbano and Don Matteo, have contributed to the positive perception of Italian culture and authenticity among the Japanese audience, further fueling the demand for Italian products.
How the Italian government support exporting businesses?5 answersThe Italian government supports exporting businesses through various means. Italy's system for internationalization aims to enhance competitiveness by promoting Italian businesses abroad. Bank support, especially from internationalized banks, significantly impacts small businesses' export decisions, improving their positions in foreign markets. Public export incentives play a crucial role in stimulating Italian small and medium-sized enterprises (SMEs) in entering foreign markets, particularly in the textile and fashion industry. Italian firms have adapted to higher competitiveness by delocalizing low-value production phases or focusing on high-quality niche products, emphasizing the need for government support in internationalization efforts. The Italian government's economic policy response to the Covid-19 crisis has also included substantial support for firms, further aiding exporting businesses.
Which law regulate made in italy?5 answersThe regulation of "Made in Italy" products is governed by various laws and regulations in Italy. The law that specifically addresses the issue of false indication of "Made in Italy" on products not originating from Italy is the Italian Law no. 350 of December 24, 2003. This law stipulates that labeling products with "Made in Italy" when they are not actually of Italian origin is considered a false indication. Furthermore, this law refers to European regulations on product origin, specifically the EU Regulation no. 2913/92, which has been partially replaced by the EU Regulation no. 450/98. These regulations, along with the Italian laws, aim to protect the authenticity and integrity of products labeled as "Made in Italy" by ensuring they genuinely originate from Italy according to the established criteria.
What are the factors that influence the internationalization of startups?4 answersFactors that influence the internationalization of startups include individual characteristics, innovation, technology, motivation, perception of national culture, and business environment factors. These factors drive early internationalization, with early-stage entrepreneurs who use new technology and prefer radical innovations being more oriented towards foreign markets and customers. Additionally, external factors such as GDP per capita, openness, financial development, unemployment, corruption, government effectiveness, rule of law, regulatory quality, political stability, the voice of accountability, economic stability, and institutional factors have a significant influence on early internationalization. In countries with large domestic markets, factors extracted from previous studies on the internationalization process in small-size markets also apply. An entrepreneur's international orientation explains certain conditions related to the domestic market that affect a firm's decision to pursue early internationalization. Social capital is also a critical resource for international competence, and the digitalization of social networks has accelerated the internationalization of startups.
How is internationalization of SMES connected to the competitiveness?5 answersThe internationalization of SMEs is connected to competitiveness in several ways. Firstly, internationalization allows SMEs to expand their market beyond national borders, leading to growth and expansion. Secondly, networking capability and export capability are identified as variables that influence SME internationalization, and these capabilities can contribute to the competitive advantage of SMEs. Thirdly, research on SME internationalization has shown a focus on areas such as networks, internationalization models, and entry into the global arena, indicating the importance of these factors in enhancing competitiveness. Additionally, characteristics such as group membership, expertise, size, growth, innovation orientation, and collaborations in production and distribution have been found to distinguish exporting SMEs, further highlighting the link between internationalization and competitiveness. Finally, the ability to enter the global market and adapt to digitalization is crucial for SMEs' success and superior performance, emphasizing the role of innovativeness, proactiveness, and risk-taking in maintaining competitiveness.
What is the significance of internationalization of entrepreneurial venture?5 answersThe internationalization of entrepreneurial ventures is significant for several reasons. Firstly, it allows entrepreneurs to take advantage of international opportunities and create value in organizations, even in times of uncertainty and global crises. Secondly, the willingness and ability of entrepreneurs to internationalize influences their engagement in internationalization activities, even before the venture is launched. Additionally, internationalization can serve as a risk diversification strategy for small entrepreneurial firms, helping them develop resilience and achieve international growth. Furthermore, the internationalization of entrepreneurial ventures can be hindered by institutional dependence, which negatively affects technological innovation in these firms. Lastly, the internationalization of universities, specifically entrepreneurial universities, plays a crucial role in fostering innovation, economic growth, and social development by providing opportunities and suitable environments for entrepreneurship.