scholarly journals Analysis of the internationalization strategies of Colombian banking services companies between 2000 and 2015

2017 ◽  
Vol 10 (3) ◽  
pp. 444
Author(s):  
Andrés Mauricio Chavarro Jiménez ◽  
Georgina Fernández Álvarez ◽  
José G. Vargas-Hernández
Keyword(s):  
Central America ◽  
Internationalization Process ◽  
Banking Services ◽  
Internationalization Strategies

This article analyzes the internationalization strategies of Colombian banking services companies between 2000 and 2015 and analyzes their internationalization process in light of the theory of eclectic theory of Dunning (1988). For this, a review of the internationalization literature is made, emphasizing the OLI model. Next, the internationalization strategies of Colombian banking services companies are presented during the period in question. Finally, it is analyzed the internationalization of Colombian banking to Central America through the Eclectic theory.

scholarly journals Relational and Identity-Making Capabilities in the Internationalization Process: The Case of US Food Service Sector

2016 ◽  
Vol 11 (6) ◽  
pp. 205
Author(s):  
Valentina Della Corte ◽  
Giovanna Del Gaudio
Keyword(s):  
Fast Food ◽  
Service Sector ◽  
Food Service ◽  
Internationalization Process ◽  
Local Identity ◽  
Single Location ◽  
Different Types ◽  
Fast Food Restaurants ◽  
Internationalization Strategies ◽  
Relational Capabilities

<p>This paper aims at exploring the link between internationalization strategies and local identity. More precisely, this study analyzes how firms manage this relationship, understanding if a firm can express the local identity and to what extent this latter can be extended through without jeopardizing the essential soul of its products/services.<br />The analysis is developed according to a double level that includes the recognition of both distinctive resources and competences and the specific relational capabilities necessary in the internationalization process. Furthermore, the strength of this paper is represented by the examination of different types of firms (single location full-service restaurants, chain restaurants and fast food restaurants) operating in the food service sector.</p>

The requisite match between internal resources and network ties to cope with knowledge scarcity

2020 ◽  
Vol 24 (4) ◽  
pp. 861-880 ◽  
Author(s):  
Alkis Thrassou ◽  
Demetris Vrontis ◽  
Maria Crescimanno ◽  
Marcella Giacomarra ◽  
Antonino Galati
Keyword(s):  
Small And Medium Enterprises ◽  
Internationalization Process ◽  
Network Ties ◽  
Content Type ◽  
Internal Resources ◽  
Internal Capabilities ◽  
Stratified Sample ◽  
Internationalization Strategies ◽  
Medium Enterprises ◽  
Collective Influence

Purpose This paper aims to investigate the internationalization strategies of small and medium enterprises (SMEs), focusing on the interaction between network ties and “soft” internal resources at the foundation of knowledge management (KM). Specifically, it identifies the firms’ internal capabilities that affect KM strategies, and their collective influence on the degree of internationalization; verifies the influence of network ties on the internationalization process itself; and develops a conceptual “preliminary theoretical framework of SME internationalization capabilities and networks.” Design/methodology/approach The primary research and analysis are based on a proportional stratified sample of Sicilian wineries; while the conceptual and implicative developments of the paper rest on the combination of the theoretical with the primary findings of the research, and, it has been designed and tested through eight experts’ interviews/reviews. Findings Findings underline a strong influence of the internal capabilities of firms on the internationalization process. In addition, an important role in the export process emerges from the acquisition of information and knowledge through the establishment of networks. Research limitations/implications The results need to be interpreted within the context for which this study was designed and cannot be applied generally to all businesses. However, results allow cellars’ managers to better understand the relationships among the influencing factors of SMEs internationalization. Originality/value The originality of the paper lies not only in its above-stated explicit theoretical objectives and findings but also in its comprehensive conceptual framework that theoretically incorporates the “strategic” with the “internal” and “networking” aspects; purposefully also arming the industry with a practicable tool toward managerial implementation.

scholarly journals The Organizational Culture and Local Culture in the Internationalization Process: An Analysis Through Fuzzy Logic

2020 ◽  
Vol 8 (2) ◽  
pp. 41
Author(s):  
Renato Dias Baptista ◽  
Fernando Ferrari Putti ◽  
Giuliana Aparecida Santini Pigatto ◽  
Camila Pires Cremasco Gabriel ◽  
Luís Roberto Almeida Gabriel Filho
Keyword(s):  
Fuzzy Logic ◽  
Organizational Culture ◽  
Management Practices ◽  
Culture Shock ◽  
Transnational Corporation ◽  
Local Culture ◽  
Internationalization Process ◽  
Brazilian Government ◽  
Internationalization Strategies ◽  
Favorable Conditions

The internationalization process of production has marked the world scenarios since the last decades and has influenced the complex interrelationships between the local culture and organizational culture. The culture shock was a recurring phenomenon and made the internationalization started to absorb elements of local culture as determining factors in expansion strategies. The aim of this paper is to analyze the favorable conditions of the organizational culture to manage the local culture. This is a preliminary study that aimed to integrate qualitative and quantitative factors with a fuzzy logic system. To achieve this goal, three elements were analyzed and interrelated: values, organizational structure, and management practices of human resources. A fuzzy mathematical model that considers the different weights to the elements analyzed leading to the identification of the favorability of the organizational culture in managing the local culture was developed. Petrobras, a transnational corporation with unity in Bolivia, whose major shareholder is the Brazilian government, was studied to empirically identify how the elements interact and are incorporated into internationalization strategies.

Internationalizing Quality Assurance Systems With International Accreditations in Slovenian Higher Education

2022 ◽  
pp. 238-259
Author(s):  
Maruša Hauptman Komotar
Keyword(s):  
Higher Education ◽  
Quality Assurance ◽  
Higher Education Institutions ◽  
National Level ◽  
Quality Assurance System ◽  
Internationalization Process ◽  
Assurance System ◽  
Internationalization Strategies

This chapter addresses the internationalization process from the standpoint of international accreditations. More precisely, it explores whether in Slovenia their implementation is affected primarily by globalization or regionalization of (quality assurance in) higher education. Initially, it discusses globalization and regionalization from the standpoint of internationalization and Europeanization of higher education. Then, it overviews the main international (professional) accreditors, which are relevant for Slovenian higher education (institutions). In the continuation, it outlines the internationalization of Slovenian quality assurance system at the national level, whilst afterwards, it concentrates in more detail on the analysis of institutional (internationalization) strategies and official websites of Slovenian higher education institutions with respect to international accreditations. In conclusion, it highlights that having more international accreditations does not necessarily mean more internationalization of (Slovenian) higher education.

An International and Socially Responsible SME Based on Tailored Innovative Products

2021 ◽  
pp. 21-49
Author(s):  
Antonia Mercedes García-Cabrera ◽  
María Gracia García-Soto ◽  
Deybbi Cuéllar-Molina
Keyword(s):  
Corporate Social Responsibility ◽  
Central America ◽  
Multinational Firms ◽  
Developed Countries ◽  
Internationalization Process ◽  
Entry Modes ◽  
Socially Responsible ◽  
Innovative Products ◽  
The Many ◽  
Corporate Social

In view of the many studies carried out on multinational firms and, to a lesser degree, the internationalization of SMEs based on developed countries, it is surprising to find that so little attention is being paid to the internationalization process of SMEs based on developing countries. There is scarce evidence and knowledge available on the circumstances underlying these processes or the decisions made to successfully address internationalization. The case of the company Empakando, founded in the developing country of El Salvador in 2000 and successfully internationalized toward countries in Central America, allows the authors to make a contribution to this field. Based on the company's experience, the authors addressed a range of important aspects to understand this phenomena: (1) the internationalization process and the entry modes chosen and (2) two key elements in gaining access to the resources and connections needed to facilitate internationalization, that is, the commitment to corporate social responsibility (internal factor) and the support of export promotion programmes (external factor).

scholarly journals Internationalization of Culture through Traditional Arts: A Case of Japanese SMEs

2013 ◽  
Vol 30 (1) ◽  
pp. 80-95 ◽  
Author(s):  
Gloria Garcia
Keyword(s):  
Cultural Factors ◽  
Business Community ◽  
Limited Resources ◽  
Internationalization Process ◽  
Foreign Markets ◽  
Internationalization Strategies ◽  
Traditional Arts ◽  
Tea Ceremony ◽  
Depth Interviews ◽  
Previous Phase

There are two important subjects concerning internationalization strategies that are of interest to academia, the business community and society in general. The first one is internationalization of small and medium-sized enterprises (SMEs); the other one is internationalization of local cultures. This article provides insights into the specific internationalization strategies used by Japanese SMEs to export traditional arts to foreign markets, focusing on Japanese pottery for the tea ceremony. SMEs encounter difficulties concerning limited resources in their internationalization process, but what is the situation of SMEs whose business activity is linked to indigenous cultural factors? The findings have been obtained from in-depth interviews with pottery artists as well as qualitative analysis of websites and other sources and they suggest a new previous phase in the export of products with a cultural meaning. I called this phase the 'reverse prior phase' and I argue that it might be a suitable way to start the internationalization process for Japanese traditional arts.

scholarly journals Internationalization Strategies of Family Business: A Case Study of Saruhan Co.

2016 ◽  
Vol 5 (5) ◽  
pp. 19-33
Author(s):  
Esin Can ◽  
Nihat Alayoğlu ◽  
Elif Alayoglu
Keyword(s):  
Family Business ◽  
Current Situation ◽  
Family Businesses ◽  
Internationalization Process ◽  
Secondary Resources ◽  
Face To Face ◽  
Global Brand ◽  
Turkish Family ◽  
Internationalization Strategies

The aim of this study is to reveal causes and grounds which drive family businesses into internationalization process and divulge implemented strategies benefiting from the literature through a case study. In this context, “Saruhan Cooperation” which is a globally operating Turkish family business has been examined as a case study by means of primary and secondary resources. In the case study, besides presenting the current situation of Saruhan Coop., the reasons triggered internationalization process, works done for this purpose, goals of the firm, and implemented strategies in this milieu and circumstances have been tried to be defined by using a series of structured face-to-face interviews. Moreover, our findings display a process that a locally operating family business ends up in a situation to buy a firm which operates internationally under a global brand. Although it is conducted with one business; the study is important as being a pioneer analysis and contributes to the literature well; also, it is valuable because it provides a model for those who are planning to operate internationally. The research opens a door to further researches as well.

Innovation and Collaboration in Virtual Teams of E-Entrepreneurs

2007 ◽  
Vol 8 (1) ◽  
pp. 29-36 ◽  
Author(s):  
Harry Matlay ◽  
Paul Westhead
Keyword(s):  
Longitudinal Data ◽  
Competitive Advantage ◽  
Multinational Corporations ◽  
Virtual Teams ◽  
Research Evidence ◽  
Tourism Industry ◽  
Substantial Proportion ◽  
Internationalization Process ◽  
European Survey ◽  
Internationalization Strategies

Traditionally, large businesses and multinational corporations dominated the internationalization process of the European tourism industry. Recent research evidence, however, indicates that a substantial proportion of smaller, growth-oriented businesses in this sector are engaged in, and actively pursue, a variety of innovative and collaborative internationalization strategies. Using longitudinal data from a pan-European survey of SMEs operating in the tourism industry, the authors examine the extent to which entrepreneurs innovate, cooperate and become involved in virtual teams of e-entrepreneurs. The competitive advantage of virtual teams is evaluated and an agenda for further research is suggested.

scholarly journals Internationalization of carsharing companies in Europe

2020 ◽  
Vol 19 (4) ◽  
pp. 520-541
Author(s):  
Varvara A. Dyshko ◽  
◽  
Olga A. Klochko ◽  
Keyword(s):  
Business Model ◽  
Business Models ◽  
Foreign Market ◽  
Sharing Economy ◽  
Automated Guided Vehicles ◽  
Internationalization Process ◽  
Foreign Markets ◽  
Level Of Involvement ◽  
Internationalization Strategies ◽  
Consumer Interactions

The purpose of this paper is to explore the specifics of the internationalization process of carsharing companies as the largest players in the new sector of a sharing economy. The comparative analysis of the internationalization process of carsharing companies in European countries was conducted from four directions: the intensity of car use, the way to enter foreign markets, internationalization rate, and the choice of locations within a country for doing business. Carsharing companies with B2C and P2P business models pursue various strategies to penetrate foreign markets. B2C companies lead the internationalization process; in most cases they are large European automotive corporations or car rental companies. When entering the same foreign market, companies with a P2P business model cover more cities in a country than B2C firms. Also, over the internationalization period carsharing companies with a B2C business model enter the markets of more countries than P2P companies. The latter primarily enter the markets of neighboring countries, while the former internationalize in the largest markets. The further global expansion of carsharing is determined by several contradicting factors. Before the COVID-19 pandemic began, most scholars had predicted a growing popularity of carsharing services. The use of electric vehicles and automated guided vehicles within the framework of carsharing sparked the main growth impacts. However, the coronavirus pandemic poses a threat to the development of sharing economy. Reinforcement of safety requirements as to minimize personal contacts and consumer interactions along with the aspiration of states to reduce their level of involvement in global processes can lead to the transformation of the process and internationalization strategies.

The Pacific Alliance

2021 ◽  
pp. 356-380
Author(s):  
Juan M. Gil-Barragan ◽  
Andrés Aguilera-Castillo
Keyword(s):  
Small And Medium Enterprises ◽  
Trade Agreement ◽  
Internationalization Process ◽  
Case Study Methodology ◽  
The Pacific ◽  
Internationalization Strategies ◽  
Study Methodology ◽  
Definition Of ◽  
Medium Enterprises

The Pacific Alliance is a regional trade agreement (RTA) between Chile, Colombia, Mexico, and Peru. It is generally expected that the implementation of this RTA will provides benefits to all micro, small, and medium enterprises (MSMEs) in the forms of greater internationalization opportunities. However, there are concerns over the extent to which MSMEs have benefited from this commercial agreement. Thus, this chapter analyzes the internationalization process of 23 MSMEs from Colombia that exported to member countries of the Pacific Alliance. The authors, using case study methodology analyzed the internationalization process of these firms and aimed to identify their unique behavior. Results shows that the process began by the creation of networks, the identification of opportunities abroad, and the definition of the internationalization path for each firm. In general, the firms used the institutional resources available in the Pacific Alliance framework to achieve their internationalization strategies.

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