The internationalization efforts of lithuanian manufacturing firms—strategy or luck?

Mockaitis, Audra I.; Vaiginienė, Erika; Giedraitis, Vincent

doi:10.1016/j.ribaf.2005.02.001

Cited by 32 publications

(39 citation statements)

References 32 publications

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“…Second, technology transfers from the leading overseas consumer-product brand owners supported the development of more sophisticated products and firms' capabilities (Hollows and Clegg, 2006). The significant effect of expanding the overseas market on the performance of firms in internationalization has been extensively confirmed (Harris and Wheeler, 2005;Mockaitis et al, 2006;Whitelock, 2002). Obviously it is not easy for firms to expand the overseas markets because of the difficulty in enforcing contracts across borders, and of information asymmetry, geographical distance, and the difficulty in ascertaining the capabilities of a foreign distributor in international markets (Svensson, 2004).…”

Section: Relationships In Internationalizationmentioning

confidence: 99%

“…Some empirical studies from international business researchers on the strategy, finance, and marketing aspects have been recorded (Christophe and Lee, 2005;Cort et al, 2007;Mariotti and Piscitello, 2001). Research results have shown that firms from the advanced economies derive ownership advantages from their technological and size superiority (Pla-Barber and Escriba-Esteve, 2006;Oviatt and McDougall, 2005) and the pattern of internationalization of firms in emerging economies is different (Mockaitis et al, 2006;Zhou et al, 2007). However, to our knowledge, studies that examine business factors affecting the internationalization performance of firms in the emerging economies are of paucity.…”

Section: Introductionmentioning

confidence: 99%

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Relationships between business factors and performance in internationalization

Zeng

Xie

Tam

et al. 2009

Management Decision

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Purpose -While internationalization of firms can be a source of growth in profitability, it can also result in huge losses due to the risky internationalized environment. Success in the home countries does not guarantee success internationally. The objective of this study is to identify the main business factors affecting performance of firms in the process of internationalization. Design/methodology/approach -Ten business factors have been selected to investigate their relationship with the business performance in the internationalization process of Chinese manufacturing firms. The ten business factors are transformed into four dimensions (principal factors) using the method of factor analysis. Using the categorical regression method, relationships between return on assets (ROA) and the four dimensions extracted are examined. Findings -The findings reveal that marketing capability of firms plays the most important role in improving performance of firms that embrace internationalization. Research limitations/implications -The study is confined to data collected from the Yangtze River Delta region via the method of survey, and it is generally agreed that China is a large market composed of distinctively different regional sectors, and there are significant differences in the level of development among the regions. Practical implications -Performance of firms that embrace internationalization is affected by different business factors. If these factors could be identified, it would be possible to engineer the performance of firms. Originality/value -From a political perspective, the research provides a better understanding on how to improve the internationalization performance for firms, which do not have such experience in the emerging economies.

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Section: Relationships In Internationalizationmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Relationships between business factors and performance in internationalization

Zeng

Xie

Tam

et al. 2009

Management Decision

View full text Add to dashboard Cite

show abstract

“…Probably the least critical element is attitudes which have at several occasions be mentioned as important antecedents to internationalization (cf. Mockaitis et al 2006;Chetty and CampbellHunt 2003). IE basically is a complex behavior which is why attitude may refer to different facets.…”

Section: Hypotheses Developmentmentioning

confidence: 99%

Intention as a cognitive antecedent to international entrepreneurship—understanding the moderating roles of knowledge and experience

2010

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While International Entrepreneurship has attracted scholars' attention during the last two decades, the impact cognitive aspects exert has been studied on cursory level only. The purpose of this paper was to apply the Theory of Planned Behavior (TPB) to the very field of International Entrepreneurship in order to examine whether this theory contributes to clarify what influences Small and Medium-sized Enterprises' (SME) decision-makers' intention-an important cognitive antecedent to behavior-to play an active part in internationalization. In particular, it had to be clarified whether or not International Entrepreneurship-due to its contextual specificities-deserves to be extended by further elements, i.e. experience and knowledge. Based on more than 100 responses from German SME executives, the study yielded several interesting results. First, TPB indeed helps explain how intentions to actively participate in international business are built. Second, an extension of the theory's basic model seems to make sense, probably due to the specificities of international entrepreneurial behavior. As for the extensions, direct and moderating effects have been observed. Furthermore, cognitive elements seem to be key entrepreneurial resources which serve as sort of enablers. From these results several conclusions can be drawn. Cognitive aspects are a promising starting point for understanding decision-making in SME. Thus, the intersection of international entrepreneurship and entrepreneurial cognition deserves further attention-several examples for possible future studies are presented. Policies supporting SME should be extended: pure resource-based approaches seem to be insufficient. Furthermore, entrepreneurship courses and curricula should reflect the relevance of cognitive aspects.

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“…Internationalization paths of Chinese firms: evidences... Kapur 2009;Bianchi and Ostale 2006;Mockaitis et al 2006;Zeng et al 2009a). The importance of key emerging economies (such as Brazil, China, South Africa, and India) as sources of outward foreign direct investments (FDI) among developing countries has increased over the past few years (Kumar 2008).…”

Section: Introductionmentioning

confidence: 99%

“…Existing research on internationalization for firms from emerging economies suggests that the characteristics of these firms, their internationalization motives and ownership advantages are fundamentally different to those from developed countries (Buckley et al 2007;Li 2007;Luo and Tung 2007). Undoubtedly the paths for internationalization are important for them to be successful in the business arena (Gemser et al 2004;Mockaitis et al 2006Mockaitis et al , 2007Zhou et al 2007). …”

Section: Introductionmentioning

confidence: 99%

Internationalization Paths of Chinese Firms: Evidences From an Emerging Economy

Zeng

Shen

Tam

et al. 2010

Journal of Business Economics and Management

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In this paper, an empirical study is conducted to explore the paths of internationalization for Chinese manufacturing firms. Correspondence analysis was employed to examine the relationship between the internationalization paths and the firms' form of ownership. It reveals that the internationalization paths of Chinese firms appear to be in a form of terrace structure, more firms adopting the rudimentary levels than the more matured courses of internalization. The findings indicate that Chinese firms are characterized by the relatively low levels of internationalization. Also the preferred destinations of going internationalization were identified for firms adopting outward foreign direct investments.

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The internationalization efforts of lithuanian manufacturing firms—strategy or luck?

Cited by 32 publications

References 32 publications

Relationships between business factors and performance in internationalization

Relationships between business factors and performance in internationalization

Intention as a cognitive antecedent to international entrepreneurship—understanding the moderating roles of knowledge and experience

Internationalization Paths of Chinese Firms: Evidences From an Emerging Economy

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