Foreign Market Entry

Moini, Hamid; Kalouda, František

doi:10.1300/j097v14n01_03

Cited by 9 publications

(4 citation statements)

References 34 publications

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“…Also, Saxa (2008) offers a rare empirical insight into the relationship between the performance of Czech companies and their export activities: he does not find the effect of learning by exporting among Czech companies. Another finding, by Moini, Kalouda, and Tesar (2008), reveals that Czech exporters use a larger percentage of their production capacity. Nonetheless, neither of the last two studies use financial performance as the dependent variable.…”

Section: Exportmentioning

confidence: 97%

Performance Factors of Czech Companies Identified Using Statistical Pattern Recognition: Interpretation of Results

Částek¹

2018

Prague Economic Papers

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The paper interprets factors of corporate performance identified by means of statistical pattern recognition techniques. A Dependency-Aware Feature algorithm with non-linear regression model ranked 74 potential factors of corporate performance according to their contribution to corporate performance prediction. This paper brings consecutive statistical analyses, which interpret the effects of Strategy, FDI, Share of Export, Top Management Performance Pay, and Workers' Performance Pay on corporate performance. Furthermore, the analyses reveal strong mutual moderating interdependencies. On the national scale, the paper brings evidence that the companies from the industries researched can use the stational techniques to learn about corporate performance factors. On a global scale, the paper introduces the contribution of Dependency-Aware Feature selection in the field of management and confirms the need for a multidimensional contingency approach in researching corporate performance. The results are based on a sample of 432 private limited or joint stock companies located in the Czech Republic operating in the manufacturing and construction industries and employing 50 or more people.

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Section: Exportmentioning

confidence: 97%

Performance Factors of Czech Companies Identified Using Statistical Pattern Recognition: Interpretation of Results

Částek¹

2018

Prague Economic Papers

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“…The authors of the current study drew inspiration from a study by Moini, Kalouda, and Tesar (2008). This study focuses on factors influencing export of family businesses in the Czech Republic.…”

Section: Literature Reviewmentioning

confidence: 99%

Diversification of export territories of family businesses as a tool of their further development

Petrů

Tomášková

Krošláková

2019

Problems and Perspectives in Management

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Family business is the largest global source of jobs in the private sector, whose multigenerational nature strengthens the stability of individual economies. A competitive small and medium-sized enterprise (SME) sector into which family businesses are classified is an essential prerequisite for the full-fledged integration of any economy into the global economic space. For the Czech economy, the importance of foreign trade is increasing, and is dependent on the capabilities of companies to expand to foreign markets. The goal of this article is to identify involvement of the generation of successors to export activities of family business, focusing on diversifying export territories in relation to structure of the industry A secondary goal is to discuss the demand mechanisms for SMEs/family business oriented toward export. The scientific hypotheses defined are focused on demonstrating a dependency between the diversification of export territories, the involvement of the generation of successors in the management of the company and structure of industry. Authors have demonstrated that family businesses managed by the first generation of founders export primarily to the territories of Slovakia, Germany, and the EU. Companies where the next generation contributes to management diversify territorial risk and also export outside the EU countries. A significant correlation was demonstrated between automotive industry and Germany, Slovakia and country outside the EU and mechanical engineering and country outside the EU. The uniqueness of this article lies in the topicality of the real transition of Czech family businesses to the next generation, which carries out foreign trade to promote the further development and sustainability of the family business for future generations.

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“…While some companies, according to the opinions of our respondents, are unwilling to enter foreign markets and do not recognize any benefits of foreign market expansion, others clearly look for international cooperation, foreign market potential, knowledge and technology sourcing, and funding opportunities. Earlier research has acknowledged that SMEs may lack knowledge of foreign markets and thus be unable to locate themselves at these markets and build up international operations (Moini, Kalouda, and Tesar 2008). Opposite to the SMEs that resist internationalizing, the firms that realize promising potential of foreign market entry are looking for entering international partnerships (Molz et al 2009), stimulating international innovation programs for Russian SMEs (Spiesberger 2011), and export opportunities (see e.g., Shirokova and McDougall-Covin 2012).…”

Section: Mapping the Strategic Responses Of The Firms To The Institutmentioning

confidence: 99%

Exploring the Role of a Country's Institutional Environment in Internationalization: Strategic Responses of SMEs in Russia

Volchek

Henttonen

Edelmann

2013

Journal of East-West Business

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Based on the suggested five-pillar institutional framework, the study empirically investigates the impact of the institutional environment on internationalization aspirations of small and medium enterprises (SMEs) in emerging economies and maps their strategic responses against imposed institutional pressures. The data collected across five forest cluster SMEs in Saint Petersburg andMoscow are analyzed. Political instability, corruption, bounded cognition, over-patriotism, and high power distance act as the main constraints, while demands for new knowledge and funding are identified as the main drivers for internationalization. The classified institutional challenges are mapped against the possible strategic responses of the SMEs, such as acquiescence, compromise, avoidance, defiance, and manipulation.

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Foreign Market Entry

Cited by 9 publications

References 34 publications

Performance Factors of Czech Companies Identified Using Statistical Pattern Recognition: Interpretation of Results

Performance Factors of Czech Companies Identified Using Statistical Pattern Recognition: Interpretation of Results

Diversification of export territories of family businesses as a tool of their further development

Exploring the Role of a Country's Institutional Environment in Internationalization: Strategic Responses of SMEs in Russia

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