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Author:Collinson, S.
Houlden, J.
Title:Decision-making and market orientation in the internationalization process of small and medium-sized enterprises
Journal:Management International Review
2005 : VOL. 45:4, p. 413-436
Index terms:decision making
internationalization
market orientation
small and medium-sized enterprises (smes)
Language:eng
Abstract:This paper discusses mental maps, which are used to represent the risk-perceptions and foreign market orientations of decision-makers within a sample of dynamic small firms in the UK. It is shown that international experience and network relationships strongly influence managerial cognition and thereby internationalization decision-making. The learning process seems to be unstructured and opportunistic.
SCIMA record nr: 260894
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