Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors?
Objective: This study aims to analyze the mediation of institutional factors in the relationship between strategic orientations and the propensity of companies, particularly technology-based companies (TBCs), to internationalize in emerging economies. Method: This quantitative, descriptive, cross-se...
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| Format: | Article |
| Language: | English |
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Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
2023-12-01
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| Series: | BAR: Brazilian Administration Review |
| Subjects: | |
| Online Access: | https://bar.anpad.org.br/index.php/bar/article/view/627 |
| _version_ | 1827585491410616320 |
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| author | Nathália Rigui Trindade Flavia Luciane Scherer Maíra Nunes Piveta Luis Felipe Dias Lopes Soraya de Souza Soares |
| author_facet | Nathália Rigui Trindade Flavia Luciane Scherer Maíra Nunes Piveta Luis Felipe Dias Lopes Soraya de Souza Soares |
| author_sort | Nathália Rigui Trindade |
| collection | DOAJ |
| description | Objective: This study aims to analyze the mediation of institutional factors in the relationship between strategic orientations and the propensity of companies, particularly technology-based companies (TBCs), to internationalize in emerging economies. Method: This quantitative, descriptive, cross-sectional survey was conducted with a population and sample of 137 Brazilian TBCs. The data were analyzed through correlational and multivariate analysis using the structural equation modeling technique. Results: The findings indicate that institutional factors positively influence the propensity for internationalization of the investigated TBCs. Additionally, these institutional factors mediate the relationship between entrepreneurial strategic orientations and international growth orientation. In other words, entrepreneurship can enhance the international expansion capacity of TBCs, and the institutional environment of the target market often influences the success of this expansion. Conclusion: The presence of mediation, even when there is a strong entrepreneurial orientation, suggests that TBCs do not operate in isolation. Rather, their success is deeply connected to the institutional contexts in which they operate. For an effective international growth strategy, TBCs must focus on their internal capacities and orientations and remain attentive and adaptable to the nuances and demands of the institutional environment. |
| first_indexed | 2024-03-08T23:47:19Z |
| format | Article |
| id | doaj.art-07ad2f1ddd3940a6b4255070736354ea |
| institution | Directory Open Access Journal |
| issn | 1807-7692 |
| language | English |
| last_indexed | 2024-03-08T23:47:19Z |
| publishDate | 2023-12-01 |
| publisher | Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) |
| record_format | Article |
| series | BAR: Brazilian Administration Review |
| spelling | doaj.art-07ad2f1ddd3940a6b4255070736354ea2023-12-13T14:39:38ZengAssociação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)BAR: Brazilian Administration Review1807-76922023-12-01204e230011e23001110.1590/1807-7692bar2023230011627Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors?Nathália Rigui Trindade0Flavia Luciane Scherer1Maíra Nunes Piveta2Luis Felipe Dias Lopes3Soraya de Souza Soares4Universidade Federal de Santa Maria, Santa Maria, RS, BrazilUniversidade Federal de Santa Maria, Santa Maria, RS, BrazilUniversidade Federal de Santa Maria, Santa Maria, RS, BrazilUniversidade Federal de Santa Maria, Santa Maria, RS, BrazilUniversidade Federal de Santa Maria, Santa Maria, RS, BrazilObjective: This study aims to analyze the mediation of institutional factors in the relationship between strategic orientations and the propensity of companies, particularly technology-based companies (TBCs), to internationalize in emerging economies. Method: This quantitative, descriptive, cross-sectional survey was conducted with a population and sample of 137 Brazilian TBCs. The data were analyzed through correlational and multivariate analysis using the structural equation modeling technique. Results: The findings indicate that institutional factors positively influence the propensity for internationalization of the investigated TBCs. Additionally, these institutional factors mediate the relationship between entrepreneurial strategic orientations and international growth orientation. In other words, entrepreneurship can enhance the international expansion capacity of TBCs, and the institutional environment of the target market often influences the success of this expansion. Conclusion: The presence of mediation, even when there is a strong entrepreneurial orientation, suggests that TBCs do not operate in isolation. Rather, their success is deeply connected to the institutional contexts in which they operate. For an effective international growth strategy, TBCs must focus on their internal capacities and orientations and remain attentive and adaptable to the nuances and demands of the institutional environment.https://bar.anpad.org.br/index.php/bar/article/view/627strategic orientationtechnologybased companiesinstitutional factorsinternationalizationemerging economy |
| spellingShingle | Nathália Rigui Trindade Flavia Luciane Scherer Maíra Nunes Piveta Luis Felipe Dias Lopes Soraya de Souza Soares Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors? BAR: Brazilian Administration Review strategic orientation technologybased companies institutional factors internationalization emerging economy |
| title | Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors? |
| title_full | Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors? |
| title_fullStr | Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors? |
| title_full_unstemmed | Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors? |
| title_short | Propensity for Internationalization in Emerging Economies: Is The Key to Success in Strategic Orientations and Institutional Factors? |
| title_sort | propensity for internationalization in emerging economies is the key to success in strategic orientations and institutional factors |
| topic | strategic orientation technologybased companies institutional factors internationalization emerging economy |
| url | https://bar.anpad.org.br/index.php/bar/article/view/627 |
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