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| Tekijä: | Arranz, N. Arroyabe, J.C.F. De |
| Otsikko: | Internationalization process of Spanish small firms. Strategies, transactions and barriers |
| Lehti: | International Small Business Journal
2009 : AUG, VOL. 27:4, p. 420-441 |
| Asiasana: | internationalization strategy markets co-operation small business small and medium-sized enterprises (SMEs) Spain |
| Kieli: | eng |
| Tiivistelmä: | This article aims at providing theoretical and empirical evidence to offer a more integrative vision of the internationalization (henceforth as: intzn.) process of SMEs. Using empirical data gathered from 250 Spanish SMEs and combining the approaches of the process theory and the international new ventures model, explored are two possible strategies of intzn. strategies, that is, proactive and reactive, identified are the international transaction forms (i.e. market and cooperation agreements) and the barriers met by SMEs in intzn. Based on the results, the complementariness of two theoretical perspectives are suggested to explain the intzn. process. When SMEs have a high commitment and control of their international activities, it is also shown that firms tend to prefer alternative governance mechanisms, such as co-operation. |
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