The Choice of Foreign Market Entry Modes: The Role of Resources and Industrial Driving Forces (original) (raw)

Selecting international modes of entry and expansion

Marketing Intelligence & Planning, 2001

Selecting a mode for entering or expanding in a foreign market is a crucial strategic decision for an international firm. This article identifies and compares the most influential factors that affect the international modes of entry and expansion decisions of US and Japanese firms. Using mail surveys, this is one of the first studies on this subject to collect data from top executives in both Japan and the US. Findings reveal that the Japanese are particularly sensitive to external risk and other target market factors. For Americans, company factors, such as international experience, appear to be most important when selecting modes of entry. Joint ventures may be more appropriate for internationally-experienced firms, than for inexperienced companies.

Activity-based Criteria on Internationalization

2012

The world economy is moving ever faster toward a highly interdependent state in which international business is creating a global market. Often, in this environment, growth or even survival of a business hinges on its successful internationalization. Therefore, firms need to ask the vital question of how internationalized are their operations? To answer such question requires, among other things, measuring the extent of global involvement. This paper is an attempt toward constructing an internationalization measure by using financial performance and market engagement data outside firm’s home country

Internationalization of businesses and selection of entry modes in other markets

ILIRIA International Review, 2017

The purpose of this study is to analyze the factors of foreign companies that have already entered Macedonia in any mode of entry by finding out the factors and motives that influenced their decision making while choosing the proper mode for that particular market. As a research methodology for collecting initial data, a structured questionnaire is used with 28 variables as factors which influence decision making of the modes of entry into the foreign market. A statistical software was used in order to evaluate the variables used in the study. The raised hypothesis were tested using One Sample T-test. According to the obtained results, the variables political stability and the law on foreign investments seem to be as more important factors for companies that operate in Macedonia. Finally, companies need to analyze the internal and external factors from the environment in order to able to create strategies to operate in the domestic and international markets.

FIRMS'INTERNATIONAL COMPETITIVENESS

Analele Universităţii din Oradea

There are many companies who prefer going international. Their strategy should be different, as there are more things to be taken into account. However, there is no perfect recipe for companies to compete successfully. There is no perfect way to enter a foreign market, and, moreover, entering a foreign market does not necessarily mean this is the most appropriate strategy for a particular company.

Internationalization patterns and their effects on company performance

Journal of Operations and Supply Chain Management, 2018

The goal of this article is to identify internationalization patterns and analyze their effects on company performance. This is a quantitative study with a sample of 343 Brazilian companies that have had export operations for more than three years. Results indicate that companies choose between two distinct paths to internationalization. In the first group are firms that seek to enter the global market proactively. They are present in more countries, have an in-house department of internationalization and a better economic-financial performance. The second group consists of companies that approach internationalization reactively. They outsource part of the process, succeed only in entering markets that are less demanding and do not perform as well as the first group.

REASONS TO ENGAGED INTERNATIONAL BUSINESS

Over the years, due to rapidly growing trend towards globalization, international business is growing faster than domestic business. International business is a wide-ranging subject that incorporates exporting, importing, foreign assembly, manufacturing and sales of goods, the import to one foreign country’s items from a second country for subsequent re-export or local sale, the setting-up of permanent establishments in other nations and the licensing and franchising of a firm’s technological know-how or production techniques. Hence, the problems relating to international business are more complex in comparison to that in national business. Although basic tools and concepts

Internationalisation: Motives and Consequences

In recent decades, the global business environment has been growing dramatically. We are living in a more-than-ever-interdependent world. Many firms involve in the process of internationalisation, engaging their operations outside the boundary of their home country.