Factors Stimulating Internationalisation of Firms: An Attempted Holistic Synthesis

The main goal of this paper is the critical and synthetic analysis of internationalisation process factors, with reference to business management. It presents a systematic review of the most important relational ideas in regard to factors of firm-level internationalisation. The text includes the syn...

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Main Author: Magdalena Belniak
Format: Article
Language:English
Published: Cracow University of Economics 2015-06-01
Series:Entrepreneurial Business and Economics Review
Subjects:
Online Access:http:////eber.uek.krakow.pl/index.php/eber/article/view/85
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author Magdalena Belniak
author_facet Magdalena Belniak
author_sort Magdalena Belniak
collection DOAJ
description The main goal of this paper is the critical and synthetic analysis of internationalisation process factors, with reference to business management. It presents a systematic review of the most important relational ideas in regard to factors of firm-level internationalisation. The text includes the synthesis of previous academic studies and results of empirical researches on internationalisation factors. The motives for going international are explained in reference to external and internal factors. Different definitions of understanding external factors of internationalisation of firms are discussed, among them (i) framework factors (market, cost, governmental, competitive and additional factors), (ii) conditioning factors (factor and demand conditions, related and supporting industries, firm strategy, structure and rivalry) as well as (iii) general environment factors (economic environment, demographic environment, political and legal environment, technological, natural and socio-cultural environment). Internal factors of internationalisation are mostly rooted in the resource-based view. Motives for going international mainly depend on top management team, international resources and firms specifics. The paper underlines that there are numerous factors, both external and internal, which influence international activities of firms. Despite the fact that the decision to internationalize is focused on specific motives and goals, the role of managers is crucial.
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spelling doaj.art-69e25f0cf9d8416a943cdec6e607590f2022-12-21T20:08:10ZengCracow University of EconomicsEntrepreneurial Business and Economics Review2353-883X2353-88212015-06-013212514010.15678/EBER.2015.03020980Factors Stimulating Internationalisation of Firms: An Attempted Holistic SynthesisMagdalena Belniak0Cracow University of EconomicsThe main goal of this paper is the critical and synthetic analysis of internationalisation process factors, with reference to business management. It presents a systematic review of the most important relational ideas in regard to factors of firm-level internationalisation. The text includes the synthesis of previous academic studies and results of empirical researches on internationalisation factors. The motives for going international are explained in reference to external and internal factors. Different definitions of understanding external factors of internationalisation of firms are discussed, among them (i) framework factors (market, cost, governmental, competitive and additional factors), (ii) conditioning factors (factor and demand conditions, related and supporting industries, firm strategy, structure and rivalry) as well as (iii) general environment factors (economic environment, demographic environment, political and legal environment, technological, natural and socio-cultural environment). Internal factors of internationalisation are mostly rooted in the resource-based view. Motives for going international mainly depend on top management team, international resources and firms specifics. The paper underlines that there are numerous factors, both external and internal, which influence international activities of firms. Despite the fact that the decision to internationalize is focused on specific motives and goals, the role of managers is crucial.//eber.uek.krakow.pl/index.php/eber/article/view/85Internationalisationinternationalisation factorsinternational triggersinternational incentives, motives for going international
spellingShingle Magdalena Belniak
Factors Stimulating Internationalisation of Firms: An Attempted Holistic Synthesis
Entrepreneurial Business and Economics Review
Internationalisation
internationalisation factors
international triggers
international incentives, motives for going international
title Factors Stimulating Internationalisation of Firms: An Attempted Holistic Synthesis
title_full Factors Stimulating Internationalisation of Firms: An Attempted Holistic Synthesis
title_fullStr Factors Stimulating Internationalisation of Firms: An Attempted Holistic Synthesis
title_full_unstemmed Factors Stimulating Internationalisation of Firms: An Attempted Holistic Synthesis
title_short Factors Stimulating Internationalisation of Firms: An Attempted Holistic Synthesis
title_sort factors stimulating internationalisation of firms an attempted holistic synthesis
topic Internationalisation
internationalisation factors
international triggers
international incentives, motives for going international
url http:////eber.uek.krakow.pl/index.php/eber/article/view/85
work_keys_str_mv AT magdalenabelniak factorsstimulatinginternationalisationoffirmsanattemptedholisticsynthesis