Understanding Decisions to Internationalize by Small and Medium-sized Firms Located in an Emerging Market |
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Authors: | Frances Fabian Henry Molina Giuseppe Labianca |
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Affiliation: | (1) Department of Management, Fogelman College of Business and Economics, The University of Memphis, Memphis, USA;(2) Department of Management, School of Administrative and Economic Science, Icesi University, Pance – Santiago de Cali, Colombia;(3) LINKS International Center for Research on Social Networks in Business, Gatton College of Business & Economics, University of Kentucky, Lexington, USA |
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Abstract: |
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We examined perceptions differentiating key Colombian decisionmakers in 168 SMEs who decided to either internationalize or
remain domestic. An integrative model compares managerial perceptions of competitive, macro-environmental and neo-institutional
factors.
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Foreign MNEs in the home market significantly differentiated decisions to internationalize, as well as the presence of internationalizing
domestic competitors, anticipated product acceptance, and internationalizing suppliers.
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The lack of findings for some institutional and macro-environmental factors may reflect important contextual features of the
Colombian business environment.
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Keywords: | |
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