Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey results
Objective: The objective of this paper is to look at the patterns of the internationalization process of Finnish SMEs and how it fits the internationalization models. Discussions are based on the interrelated theories of internationalization specifically the Uppsala model, Network approach and Model...
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| Format: | Article |
| Language: | English |
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Krakow University of Economics
2019-12-01
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| Series: | International Entrepreneurship Review |
| Subjects: | |
| Online Access: | https://iertest.uek.krakow.pl/index.php/pm/article/view/1914 |
| _version_ | 1827839928399036416 |
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| author | Faisal Shahzad |
| author_facet | Faisal Shahzad |
| author_sort | Faisal Shahzad |
| collection | DOAJ |
| description | Objective: The objective of this paper is to look at the patterns of the internationalization process of Finnish SMEs and how it fits the internationalization models. Discussions are based on the interrelated theories of internationalization specifically the Uppsala model, Network approach and Models of International Entrepreneurship. This work also presents an intense analysis of the level of internationalization among SMEs, the mode of entry, motives and barriers for internationalization.
Research Design & Methods: The empirical research was carried out in the period of January 2018-August 2018. Data were collected through a mail survey questionnaire and 121 usable responses were received. The data was then analyzed in SPSS software by the cross-tabulation method to achieve the results.
Findings: Findings indicate that the majority of Finnish SMEs that started international operations follow a step-by-step approach of internationalization. Exporting was a major mode of entry into foreign markets, capturing market share was the main motive, and lack of market knowledge was a major barrier for internationalization.
Contribution & Value Added: It is confirmed that Uppsala, Network and Entrepreneurship models are still valid, and majority of Finnish SMEs follow the systematic internationalization process. This study contributes to the internationalization process of SMEs and calls for further comparative research in other markets to validate the results. It is confirmed that there is no single theory, which explains the internationalization process of SMEs and this work provides the threshold for theory development. |
| first_indexed | 2024-03-12T07:27:09Z |
| format | Article |
| id | doaj.art-58cbf6243ffa490f8eb43bd636081843 |
| institution | Directory Open Access Journal |
| issn | 2658-1841 |
| language | English |
| last_indexed | 2024-03-12T07:27:09Z |
| publishDate | 2019-12-01 |
| publisher | Krakow University of Economics |
| record_format | Article |
| series | International Entrepreneurship Review |
| spelling | doaj.art-58cbf6243ffa490f8eb43bd6360818432023-09-02T22:06:18ZengKrakow University of EconomicsInternational Entrepreneurship Review2658-18412019-12-0153Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey resultsFaisal Shahzad0Arcada University of Applied Sciences in HelsinkiObjective: The objective of this paper is to look at the patterns of the internationalization process of Finnish SMEs and how it fits the internationalization models. Discussions are based on the interrelated theories of internationalization specifically the Uppsala model, Network approach and Models of International Entrepreneurship. This work also presents an intense analysis of the level of internationalization among SMEs, the mode of entry, motives and barriers for internationalization. Research Design & Methods: The empirical research was carried out in the period of January 2018-August 2018. Data were collected through a mail survey questionnaire and 121 usable responses were received. The data was then analyzed in SPSS software by the cross-tabulation method to achieve the results. Findings: Findings indicate that the majority of Finnish SMEs that started international operations follow a step-by-step approach of internationalization. Exporting was a major mode of entry into foreign markets, capturing market share was the main motive, and lack of market knowledge was a major barrier for internationalization. Contribution & Value Added: It is confirmed that Uppsala, Network and Entrepreneurship models are still valid, and majority of Finnish SMEs follow the systematic internationalization process. This study contributes to the internationalization process of SMEs and calls for further comparative research in other markets to validate the results. It is confirmed that there is no single theory, which explains the internationalization process of SMEs and this work provides the threshold for theory development.https://iertest.uek.krakow.pl/index.php/pm/article/view/1914exportinginternationalization theoriesmodels of international entrepreneurshipnetwork approach |
| spellingShingle | Faisal Shahzad Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey results International Entrepreneurship Review exporting internationalization theories models of international entrepreneurship network approach |
| title | Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey results |
| title_full | Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey results |
| title_fullStr | Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey results |
| title_full_unstemmed | Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey results |
| title_short | Patterns of internationalisation of Finnish SMEs in Estonia: Preliminary survey results |
| title_sort | patterns of internationalisation of finnish smes in estonia preliminary survey results |
| topic | exporting internationalization theories models of international entrepreneurship network approach |
| url | https://iertest.uek.krakow.pl/index.php/pm/article/view/1914 |
| work_keys_str_mv | AT faisalshahzad patternsofinternationalisationoffinnishsmesinestoniapreliminarysurveyresults |