The influence of company size on its internationalization capacity: a comprehensive view on Portugal

In the competitive environment that companies operate today, there is a need to adopt internationalization strategies to enable consolidation in diversified markets. The internationalization process is part of a relevant strategy for companies, has several implications and is influenced by innumera...

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Main Authors: Joel Barros Fernandes, Eduardo Barbas Albuquerque, Amândio F. C. da Silva
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2022-06-01
Series:Business: Theory and Practice
Subjects:
Online Access:https://journals.vilniustech.lt/index.php/BTP/article/view/15639
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author Joel Barros Fernandes
Eduardo Barbas Albuquerque
Amândio F. C. da Silva
author_facet Joel Barros Fernandes
Eduardo Barbas Albuquerque
Amândio F. C. da Silva
author_sort Joel Barros Fernandes
collection DOAJ
description In the competitive environment that companies operate today, there is a need to adopt internationalization strategies to enable consolidation in diversified markets. The internationalization process is part of a relevant strategy for companies, has several implications and is influenced by innumerable specific aspects, namely by the behavior of companies, by their culture and structure, as well as by their leadership, but it is on the organization structure that we find one of the most relevant features: the dimension (size) of companies. Based on a qualitative methodology, we interviewed managers of the furniture manufacturing industry. We concluded that companies value increase in size; nevertheless, for cultural reasons, they are still resistant to such an increase. For increasing their size, companies value several instruments, such as: strategic alliances/corporate cooperation; fusions and acquisitions; and risk capital interventions. This work is an eye opener about the need to educate and train entrepreneurs in the Portuguese industrial sector and to bring about an awareness of the benefits of formation, training, expansion and diversification in order to be able to compete on a global basis.
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spelling doaj.art-a034769d34b140f6892b5323c2c5df022024-02-02T19:49:02ZengVilnius Gediminas Technical UniversityBusiness: Theory and Practice1648-06271822-42022022-06-0123110.3846/btp.2022.15639The influence of company size on its internationalization capacity: a comprehensive view on PortugalJoel Barros Fernandes0Eduardo Barbas Albuquerque1Amândio F. C. da Silva2ESHT, Instituto Politécnico do Porto, CITUR, Oporto, PortugalESHT, Instituto Politécnico do Porto, CITUR, Oporto, PortugalISCA, Universidade de Aveiro, Aveiro, Portugal; FCHS, Universidade Fernando Pessoa, Oporto, Portugal In the competitive environment that companies operate today, there is a need to adopt internationalization strategies to enable consolidation in diversified markets. The internationalization process is part of a relevant strategy for companies, has several implications and is influenced by innumerable specific aspects, namely by the behavior of companies, by their culture and structure, as well as by their leadership, but it is on the organization structure that we find one of the most relevant features: the dimension (size) of companies. Based on a qualitative methodology, we interviewed managers of the furniture manufacturing industry. We concluded that companies value increase in size; nevertheless, for cultural reasons, they are still resistant to such an increase. For increasing their size, companies value several instruments, such as: strategic alliances/corporate cooperation; fusions and acquisitions; and risk capital interventions. This work is an eye opener about the need to educate and train entrepreneurs in the Portuguese industrial sector and to bring about an awareness of the benefits of formation, training, expansion and diversification in order to be able to compete on a global basis. https://journals.vilniustech.lt/index.php/BTP/article/view/15639dimensionsizeinternationalizationorganizational behaviororganization cultureleadership
spellingShingle Joel Barros Fernandes
Eduardo Barbas Albuquerque
Amândio F. C. da Silva
The influence of company size on its internationalization capacity: a comprehensive view on Portugal
Business: Theory and Practice
dimension
size
internationalization
organizational behavior
organization culture
leadership
title The influence of company size on its internationalization capacity: a comprehensive view on Portugal
title_full The influence of company size on its internationalization capacity: a comprehensive view on Portugal
title_fullStr The influence of company size on its internationalization capacity: a comprehensive view on Portugal
title_full_unstemmed The influence of company size on its internationalization capacity: a comprehensive view on Portugal
title_short The influence of company size on its internationalization capacity: a comprehensive view on Portugal
title_sort influence of company size on its internationalization capacity a comprehensive view on portugal
topic dimension
size
internationalization
organizational behavior
organization culture
leadership
url https://journals.vilniustech.lt/index.php/BTP/article/view/15639
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