PROBLEMS OF SMALL AND MEDIUM-SIZED BUSINESS OF KHABAROVSK KRAI IN ENTERING THE FOREIGN MARKET

2021 ◽  
pp. 15-20
Author(s):  
E. A. Aleksandrova ◽  
T. S. Boiko
Keyword(s):  
Foreign Market ◽  
Innovative Development ◽  
Foreign Markets ◽  
Khabarovsk Krai ◽  
Systemic Problems

The article analyzes the problems of small and medium-sized business of Khabarovsk Krai, in particular, the problems associated with the process of entering the foreign markets. It is concluded that the key problems of small and medium-sized business of Khabarovsk Krai are the issues of logistics and innovative development. These are the strategic and systemic problems

scholarly journals A Dyadic Perspective on Determinants of Entry Choices in the Global Hospitality Industry

2017 ◽  
Vol 53 (4) ◽  
pp. 77-92
Author(s):  
Kun Yang ◽  
John D. Buschman
Keyword(s):  
Brand Equity ◽  
Market Segmentation ◽  
Hospitality Industry ◽  
Foreign Market ◽  
Resource Dependency ◽  
Foreign Markets ◽  
Specific Knowledge ◽  
Firm Level ◽  
New Form ◽  
Management Contract

AbstractThis paper discusses the firm-level determinants of international hotels’ foreign markets entry choices, contrasting acquisition with management and franchise contracts, based on a resource-dependency perspective and appropriability theory. It points out that brand equity, relatedness of products and market segmentation, partner-specific knowledge of hotels, international experience, and the duration of proprietary knowledge impact hotels’ decisions on how to enter a foreign market. In addition, the paper suggests the existence of entry choices sequence favorable to acquisition probability after the end of management contract when the franchisors’ or management companies’ proprietary knowledge attenuates. Contract activity is likely to be renewed after the acquisition, once the management company has established a new form or a higher level of proprietary knowledge.

scholarly journals MOTIVATION BEHIND THE FOREIGN EXPANSION OF ŁÓDŹ VOIVODESHIP COMPANIES

2019 ◽  
Vol 18 (3) ◽  
pp. 29-36
Author(s):  
Wojciech Grzegorczyk
Keyword(s):  
Foreign Market ◽  
Primary Research ◽  
Foreign Markets ◽  
New Markets ◽  
Market Expansion ◽  
Innovative Solutions ◽  
Strategic Goals ◽  
The Subject ◽  
Strategic Motivation

The aim of the article is to present the motivation behind foreign expansion of small and medium-sized enterprises (SMEs) based in Łódź Voivodeship. In order to carry out the project the researchers analysed the literature on the subject and conducted primary research on the sample of the selected companies with the use of survey and interview questionnaires that the managers of the companies surveyed responded to in 2017 and 2018.The decisions to enter foreign markets also resulted from the fact that companies wanted to increase their turnover and profits and in some cases, as the research proved, they were also motivated by factors concerning the companies productivity. Companies perceive foreign market expansion as an opportunity to expand their product offer, enter new markets, implement innovative solutions or achieve the previously set strategic goals, which is referred to as the so called strategic motivation.

scholarly journals Planning a market exit strategy for manufacturers of consumer goods when entering foreign markets

2017 ◽  
Vol 1 (1) ◽  
pp. 7
Author(s):  
Maik Döring
Keyword(s):  
Market Entry ◽  
Planning Process ◽  
Foreign Market ◽  
Consumer Products ◽  
Market Penetration ◽  
Exit Strategy ◽  
Foreign Markets ◽  
Worst Case ◽  
Market Exit ◽  
Planning Processes

Aim: The internal market for manufacturers of consumer products companies is often too small in order to grant long-term success. Therefore, companies expand and enter foreign markets. This paper presents a planning process for market penetration for the selected foreign market, which will show the possibility of a withdrawal and shows also whether an exit scenario is planned by manufacturers of consumer products and when companies tend to think about a market exit.Design / Research methods: First, the literature was studied. Based on this, hypothesis were prepared. This was followed by a telephone survey of decision-makers from German manufacturers of the consumer products companies. Conclusions / findings: A planning process for market penetration was developed, which shows next to the market entry also the market exit. Additional this paper shows that manufacturers of consumer products companies can be better prepared for a market exit than companies without an exit strategy, in particular, if the manufacturer sets out relevant economic parameters for the foreign market which determine whether to remain in the market or leave.Originality / value of the article: When analysing literature on planning processes for market entry, it becomes clear that an exit strategy is not planned. This may indicate that the authors did not consider a market exit and/or anticipate this as a worst case in their market entry assumption.Implications of the research: The last market entry of the surveyed companies usually occurred recently. For market exit results to be determined, a further consultation of the companies examined should be undertaken over a longer period of time.

On the Internationalization of the Wireless Telecommunications Industry

2011 ◽  
pp. 197-215 ◽  
Author(s):  
Steven R. Powell
Keyword(s):  
Service Providers ◽  
Foreign Market ◽  
Telecommunications Industry ◽  
Weighting Scheme ◽  
Foreign Markets ◽  
Wireless Telecommunications ◽  
France Télécom ◽  
Different Characteristics ◽  
A Company

Companies can benefit from diversifying internationally. This paper analyzes the internationalization efforts of six major European wireless telecommunications service providers: Telefonica, Deutsche Telekom, France Telecom, Vodafone, Telenor and TeliaSonera. Although all six companies have invested heavily in foreign markets, their internationalization paths have not been the same, resulting in foreign market portfolios with different characteristics. Utilizing a proportionate customer weighting scheme based on the number of subscribers controlled by a company in each market, the paper examines how the companies compared in 2007 versus 2002 in their extent and scope of internationalization and in the attractiveness of their foreign market portfolios with respect to some key growth, profitability, and risk market characteristics.

On the Internationalization of the Wireless Telecommunications Industry

2009 ◽  
Vol 1 (4) ◽  
pp. 16-36 ◽  
Author(s):  
Steven R. Powell
Keyword(s):  
Service Providers ◽  
Foreign Market ◽  
Telecommunications Industry ◽  
Weighting Scheme ◽  
Foreign Markets ◽  
Wireless Telecommunications ◽  
France Télécom ◽  
Different Characteristics ◽  
A Company

Companies can benefit from diversifying internationally. This article analyzes the internationalization efforts of six major European wireless telecommunications service providers: Telefonica, Deutsche Telekom, France Telecom, Vodafone, Telenor and TeliaSonera. Although all six companies have invested heavily in foreign markets, their internationalization paths have not been the same, resulting in foreign market portfolios with different characteristics. Utilizing a proportionate customer weighting scheme based on the number of subscribers controlled by a company in each market, the article examines how the companies compared in 2007 versus 2002 in their extent and scope of internationalization and in the attractiveness of their foreign market portfolios with respect to some key growth, profitability, and risk market characteristics.

Foreign market learning: an integrative model of its antecedents, processes and outcomes

2019 ◽  
Vol 34 (6) ◽  
pp. 1248-1258 ◽  
Author(s):  
Fredrik Nordin ◽  
Jessica Lindbergh
Keyword(s):  
Relevant Literature ◽  
Foreign Market ◽  
Integrative Model ◽  
Foreign Markets ◽  
Current Management ◽  
Content Type ◽  
Current Management Strategy ◽  
The Subject ◽  
Market Learning ◽  
Selection Of

Purpose The purpose of this paper is to offer an integrative model of foreign market learning, including different learning processes, antecedents and outcomes. Design/methodology/approach The paper makes a critical review of the relevant literature, drawing on a keywords-based search of three major databases and a range of other published work for a broader perspective on the subject. Findings The resulting integrative model shows in a number of ways how companies can learn and benefit from differences in foreign markets and what results this can lead to. Research limitations/implications The sample of subject-specific contributions to the literature may have been insufficient, and a wider selection of keywords to identify them might have captured a richer variety of concepts and opinions. Originality/value The integrative model contributes to the literature on foreign market learning and innovation and serves as a basis for future studies and current management strategy.

scholarly journals Barriers to enter in foreign markets: evidence from SMEs in emerging market

2017 ◽  
Vol 34 (1) ◽  
pp. 68-86 ◽  
Author(s):  
Mahfuzur Rahman ◽  
Moshfique Uddin ◽  
George Lodorfos
Keyword(s):  
Developing Country ◽  
Market Entry ◽  
Emerging Market ◽  
Foreign Market ◽  
Partial Least Square ◽  
Foreign Market Entry ◽  
Barriers To Entry ◽  
Foreign Markets ◽  
Content Type ◽  
Economic Barriers

Purpose Foreign market entry is considered as a key strategy to grow and survive over longer period of time for small and medium enterprises (SMEs). The decision to enter a foreign market is not a straightforward story. Considering resource limitation, SMEs need to analyse the key barriers to entry in foreign markets very carefully. The purpose of this paper is to identify these barriers for the SMEs in a developing country. Design/methodology/approach This study has used primary data collected through questionnaires from 212 Bangladeshi SMEs. A mixed method data analysis technique is used to analyse the firms both from micro- and macro-levels. Following the running example-based case study approach, this study has developed and validated a partial least square-based structural model to assess the key barriers to entry in foreign markets. Findings This study has identified the key socio-economic barriers faced by the SMEs in a developing country to enter in foreign markets. It has successfully framed the socio-economic barriers to enter in foreign markets for Bangladeshi SMEs as a second-order hierarchical model. Originality/value It is often believed that foreign market entry is more affected by social barriers as explained by the existing theories including the Uppsala model. This study, however, revealed that the international market expansions of SMEs in developing countries are more sensitive to the economic barriers.

Venturing into Foreign Markets: The Case of the Small Service Firm

1993 ◽  
Vol 17 (4) ◽  
pp. 29-41 ◽  
Author(s):  
M. Krishna Erramilli ◽  
Derrick E. D'Souza
Keyword(s):  
Direct Investment ◽  
Small Firms ◽  
Firm Behavior ◽  
Capital Intensity ◽  
Foreign Market ◽  
Service Industries ◽  
Foreign Market Entry ◽  
Service Firms ◽  
Foreign Markets ◽  
Entry Behavior

The study contrasts foreign market entry behavior of small and large service firms. The sample consisted of 141 firms of which 54 were small firms and 87 were larger firms. The study provides empirical evidence that the behavior of small firms differs from that of larger firms mainly in service industries characterized by higher capital intensity. It also suggests that at lower levels of capital intensity, small firm behavior may resemble that of larger firms. More specifically, In industries characterized by lower levels of capital Intensity, small service firms are as likely as their larger counterparts to enter culturally distant markets and to choose foreign direct Investment (FDI) modes of entry. But, at higher levels of capital Intensity, small service forms are less likely than larger ones to enter culturally distant markets, and to choose FDI modes of entry.

Remanufacturing of electronic products in bonded port area across home and foreign markets

2016 ◽  
Vol 27 (2) ◽  
pp. 309-334 ◽  
Author(s):  
Hong Chen ◽  
Nan Liu ◽  
Yuxuan He
Keyword(s):  
Stackelberg Game ◽  
Foreign Market ◽  
Developed Countries ◽  
Home Market ◽  
Foreign Markets ◽  
Electronic Products ◽  
Content Type ◽  
Port Area ◽  
Total Profit ◽  
Optimal Quantity

Purpose – This study proposes a process for remanufacturing waste electrical and electronic equipment, and exporting part of the remanufactured products, which are processed in bonded port areas, to less developed countries by using a closed-loop supply chain (CLSC). The purpose of this paper is to verify the profitability of remanufacturing and to find conditions under which exporting remanufactured products can increase and maximize the home manufacturer’s total profit while performing his environmental responsibility. Design/methodology/approach – The authors use the CLSC approach to construct the model, which involves two different markets where a Stackelberg game exists. The study derives an equilibrium under which an optimal quantity for exporting increases and maximizes the home manufacturer’s profits. Findings – The authors discuss the influences of seven factors, and three are determinant parameters on whether the home manufacturer should export its remanufactured products: the privileges of the bonded port area, the home market consumers’ green awareness, and the degree of competence in products in the foreign market. If the market conditions at home and abroad meet the requirements of these three determinant parameters, entering the foreign market can always help the home manufacturer make more profits regardless of whether its home market increases or decreases, how many used products can be collected, and whether the foreign local manufacturer is technically competitive. Originality/value – The authors expand previous studies on CLSC by considering two different markets that allow the home manufacturer to either sell remanufactured products to the home market or export to the foreign market.

scholarly journals Locational Factors and Foreign Market-entry Considerations for Malaysian Contractors

2012 ◽  
Vol 9 (1) ◽  
pp. 27-36 ◽  
Author(s):  
A.R Abdul_Aziz
Keyword(s):  
Market Entry ◽  
Foreign Market ◽  
Foreign Market Entry ◽  
Foreign Markets ◽  
Wide Range ◽  
Space Limitation ◽  
Model Approach

Past studies on contractor internationalisation adopt a unimodelapproach. Taking up the call of a few scholars, a study isconducted, this time by integrating several extant models of fi rminternationalisation. Malaysian international contractors are usedto test this approach. Due to space limitation, this paper is focusedonly on locational factors. It begins by justifying the inclusion oflocational factors in a multi-model approach. Then it posits thatlocational disadvantage is a more intellectually appealing conceptthan locational advantages. Empirically, it shows that the surveyedcontractors evaluate a wide range of factors before making thego/no go decision to enter foreign markets. It also shows thatpsychic distance was not their major concern. Finally, the locationaldisadvantages create a market space for international contractorswith the tenacity to overcome them, which the sampled populationpossessed.

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