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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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2022-06-01
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Series: | Business: Theory and Practice |
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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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first_indexed | 2024-03-08T07:33:20Z |
format | Article |
id | doaj.art-a034769d34b140f6892b5323c2c5df02 |
institution | Directory Open Access Journal |
issn | 1648-0627 1822-4202 |
language | English |
last_indexed | 2024-03-08T07:33:20Z |
publishDate | 2022-06-01 |
publisher | Vilnius Gediminas Technical University |
record_format | Article |
series | Business: Theory and Practice |
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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