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, the authors examined the performance consequences of international attention, defined as the extent to which headquarters executives in the multinational enterprise invest time and effort in activities, communications, and discussions aimed at improving their understanding of the global marketplace.
Abstract: This study examines the performance consequences of international attention, defined as the extent to which headquarters executives in the multinational enterprise (MNE) invest time and effort in activities, communications, and discussions aimed at improving their understanding of the global marketplace. Using detailed questionnaire and archival data on 135 MNEs, our analysis revealed three significant findings. First, international attention can be operationalized as a meta-construct that consists of three interrelated and reinforcing dimensions. Second, international attention has a curvilinear (inverted U-shape) relationship with MNE performance. Third, the performance benefits of international attention increase with three categories of moderating factors: the international assignment experience of top executives, the independence of value-adding activities across country locations, and the degree of industry dynamism.
180 citations
TL;DR: The rapid integration of the world into one economic space through Ithe internationalization of goods, capital, and money markets is more often than not represented as an inevitable and irreversible phase of capitalist development as mentioned in this paper.
Abstract: here seems to be general agreement that global capitalism is here to * stay. The rapid integration of the world into one economic space through Ithe internationalization of goods, capital, and money markets is more often than not represented as an inevitable and irreversible phase of capitalist development. The globalization of production and consumption by transnational corporations (with the assistance of intergovernmental organizations such as the World Bank and World Trade Organization [WTO]) is characterized as a force that shapes and transforms all of the economic, political, and cultural forms it encounters. Triumphalist accounts that celebrate the victory of the market over all other economic forms produce such descriptions of the so-called reality of globalization. But so, too, do globalization's critics, who tend to emphasize the dark side of the new world order.
180 citations
TL;DR: In this paper, a new and systematic analysis of the likely associations between decision modes, information use, and network attachment among internationalizing SMEs is presented, and the analysis is subsequently contextualized in terms of two contingencies.
180 citations
TL;DR: This article found that if a family business does not get involved in foreign markets in the first and second generations, it is unlikely to do so in later generations, and that the majority of family businesses that do source from overseas markets do so mostly for cost and quality benefits.
Abstract: This study determines the extent of internationalization (i.e., global business attitudes and activities) of family businesses. A survey of 187 family businesses from northwest Ohio finds that family businesses do not regularly monitor the international marketplace or integrate global developments into domestic decisions. Although a small pool of businesses currently has ties with family businesses in foreign countries, many more would like to develop such ties. The study finds that if a family business does not get involved in foreign markets in the first and second generations, it is unlikely to do so in later generations. The majority of family businesses does not develop sources in foreign countries. The family businesses that do source from overseas markets do so mostly for cost and quality benefits. Approximately half of family businesses sold their products in foreign markets primarily via exporting and joint ventures.
180 citations
TL;DR: It is proposed that knowledge derived from ventures' technology and marketing alliances increases the likelihood that new ventures begin exploiting opportunities in international markets, and the extent to which the networks open the venture to new knowledge or constrain it to knowledge already shared among the partners will influence the initiation of foreign sales by a venture.
Abstract: In this study, we seek to advance the network perspective on new venture internationalization by examining the role of networks in accelerating new venture sales into foreign markets. We propose that knowledge derived from ventures' technology and marketing alliances increases the likelihood that new ventures begin exploiting opportunities in international markets. We also argue that the extent to which the networks open the venture to new knowledge or constrain it to knowledge already shared among the partners will influence the initiation of foreign sales by a venture. Using a longitudinal dataset of 118 ventures in the U.S. biotechnology industry, we confirm that different types of alliances (and, therefore, different types of knowledge—technology and marketing knowledge) differentially impact the likelihood of new venture internationalization. Moreover, network cohesion among venture alliances increases the likelihood that marketing alliances will promote initial foreign market sales, but decreases the likelihood that technology alliances will do so. Our research is a timely response to a call for the study of interactive effects among network structure, complex tasks, and time, and it provides a possible explanation for certain unexpected findings in studies that did not consider the effects of time. Copyright © 2010 John Wiley & Sons, Ltd.
179 citations