Topic
Internationalization
About: Internationalization is a research topic. Over the lifetime, 18414 publications have been published within this topic receiving 427742 citations. The topic is also known as: internationalisation & Internationalization.
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TL;DR: In this paper, a model of the internationalization process of a firm focusing on the gradual acquisition, integration and use of knowledge about foreign markets and operations, and on the incrementally increasing commitments to foreign markets is developed.
Abstract: On the basis of empirical research, a model of the internationalization process of the firm is developed. The model focuses on the gradual acquisition, integration and use of knowledge about foreign markets and operations, and on the incrementally increasing commitments to foreign markets. In particular, attention is concentrated on the increasing involvement in the individual foreign country.
9,918 citations
TL;DR: The Uppsala internationalization process model was revisited in the light of changes in business practices and theoretical advances that have been made since 1977 as mentioned in this paper, and the change mechanisms in the revised model are essentially the same as those in the original version, although they add trust-building and knowledge creation, the latter to recognize the fact that new knowledge is developed in relationships.
Abstract: The Uppsala internationalization process model is revisited in the light of changes in business practices and theoretical advances that have been made since 1977. Now the business environment is viewed as a web of relationships, a network, rather than as a neoclassical market with many independent suppliers and customers. Outsidership, in relation to the relevant network, more than psychic distance, is the root of uncertainty. The change mechanisms in the revised model are essentially the same as those in the original version, although we add trust-building and knowledge creation, the latter to recognize the fact that new knowledge is developed in relationships.
3,700 citations
TL;DR: In this article, the authors analyse the internationalization of four Swedish firms (Sandvik, Atlas Copco, Facit and Volvo) and show that they sell more than two-thirds of their turnover abroad and have production facilities in more than one foreign country.
Abstract: Many firms start international operations when they are still comparatively small and gradually develop their operations abroad. This chapter analyses the internationalization of four Swedish firms — Sandvik, Atlas Copco, Facit and Volvo. All of them sell more than two-thirds of their turnover abroad and have production facilities in more than one foreign country. Of the four firms Sandvik is the oldest and also the one which first started its internationalization course. The first contacts with representatives were established in the 1860s. Sandvik's early start with representatives in foreign countries was an innovation at that time. Until then the Swedish iron and steel exporting had mainly been undertaken by trading firms. In 1905 Atlas produced the first air compressor. In 1917 the company was merged with another firm, producing diesel engines. Atlas Copco is five years younger than Sandvik but started the internationalization process considerably later.
3,697 citations
TL;DR: The motivation for internationalization include commercial advantage, knowledge and language acquisition, enhancing the curriculum with international content, and many others as discussed by the authors, which is the context of economic and academic trends that are part of the reality of the 21st century.
Abstract: Globalization and internationalization are related but not the same thing. Globalization is the context of economic and academic trends that are part of the reality of the 21st century. Internationalization includes the policies and practices undertaken by academic systems and institutions—and even individuals—to cope with the global academic environment. The motivations for internationalization include commercial advantage, knowledge and language acquisition, enhancing the curriculum with international content, and many others. Specific initiatives such as branch campuses, cross-border collaborative arrangements, programs for international students, establishing English-medium programs and degrees, and others have been put into place as part of internationalization. Efforts to monitor international initiatives and ensure quality are integral to the international higher education environment.
2,755 citations
TL;DR: This article examined the effects of international expansion, as measured by international diversity and mode of market entry, on a firm's technological learning and the effect of this learning on the firm's financial performance.
Abstract: An increasing number of new venture firms are internationalizing their business operations early in their life cycles. Previous explanations of this trend have focused on the importance of technological knowledge, skills, and resources for new ventures' international expansion. However, little is known about how these firms use the technological learning gained through internationalization. This study examined the effects of international expansion, as measured by international diversity and mode of market entry, on a firm's technological learning and the effects of this learning on the firm's financial performance.
2,732 citations