Exports represent an entry mode into international markets that is less risky than more direct strategies, therefore it particularly fits SMEs (small-medium enterprises) that generally have a few resources to invest. In the case of emerging markets because of the high psychic distance, SMEs tend...

The article sheds light on the organizational context enhancing development of relational capabilities and examines the significance of relational capabilities for SMEs’ financial and non-financial performance. The firm relational capability is measured separately in customers’ and...

Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to focus on short-term profit. This influence is particularly strong if the local managers of the German subsidiary are not sent from the foreign parent company. Moreover, the...

Internationalization, or the process of foreign market entry, has lately been a frequent topic of discussion. It is an essential phenomenon that has shaped the global economy over the past decades. At a micro level, internationalization can be a very effective tool for supporting sustainable...

In recent years, some of China’s leading firms have made headlines with their European expansion, by either opening new facilities or by acquiring or merging with significant enterprises in Europe. The goal of this paper is to contribute to the existing literature by examining Chinese...

This book provides an overview of approaches to internationalization as experienced by smaller manufacturing enterprises over a relatively long period of time — the 35-year period from 1974 to 2009. The original research on which this study is based dates back to the mid-1970s, when...