haku: @indexterm market entry / yhteensä: 84
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Tekijä:Ojala, A.
Otsikko:Entry in a psychically distant market: Finnish small and medium-sized software firms in Japan
Lehti:European Management Journal
2008 : APR, VOL. 26:2, p. 135-144
Asiasana:market entry
internationalization
small and medium-sized enterprises (SMEs)
software
Nordic countries
Finland
Asia
Japan
Vapaa asiasana:entry mode choices
psychic distance
Uppsala model
Kieli:eng
Tiivistelmä:This paper examines the market entry and entry mode choice of eight small and medium-sized (SME) Finnish software firms in the Japanese market. It is found that, despite of the psychic distance btw. Finland and Japan, most of the firms entered Japan at a very early stage of their internationalization process by using direct entry modes. This was mainly because of the market size, sophisticated industry structure, and requirements for intensive cooperation with the customers during the sales process. The firms could overcome psychic distance by hiring local employees and Western managers with working experience in the Japanese market. This finding indicates that psychic distance is based on a manager's personal experiences and feelings about the country's distance rather than on cultural differences.
SCIMA tietueen numero: 269122
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