Internal factors that stimulate the internationalization of companies in Peru’s jewellery sector
The purpose of this research is to make known the internal factors that stimulate the internationalization of companies in the jewelery sector. We consider the qualitative approach at the descriptive level through semi-structured interviews with twelve major exporting companies in the jewelery secto...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Vilnius Gediminas Technical University
2020-11-01
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| Series: | Business: Theory and Practice |
| Subjects: | |
| Online Access: | https://bme.vgtu.lt/index.php/BTP/article/view/12929 |
| _version_ | 1827362712144838656 |
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| author | Jhanira Jara Paola Roman Roxy Surichaqui Wagner Vicente-Ramos |
| author_facet | Jhanira Jara Paola Roman Roxy Surichaqui Wagner Vicente-Ramos |
| author_sort | Jhanira Jara |
| collection | DOAJ |
| description | The purpose of this research is to make known the internal factors that stimulate the internationalization of companies in the jewelery sector. We consider the qualitative approach at the descriptive level through semi-structured interviews with twelve major exporting companies in the jewelery sector in Peru. The results of the investigation show that the most relevant internal factors for the internationalization of jewelry companies is the international experience based on the understanding of markets, foreign clients, competition, knowledge of the documents and certificates necessary for an export, international commercial relations and risks in the negotiations; Another relevant internal factor is the personalization of the product with characteristics of innovation that generates better export results and, therefore, have a competitive position, since in the international market customers consider that companies have a product with added value, innovative and competitive. Moderately relevant factors are transaction costs, firm size, and the tacit nature of know-how; while opportunistic behaviuor is of little relevance. These findings will serve to understand opportunities and limitations that companies must be aware of to undertake new internationalization projects in the jewelery sector. |
| first_indexed | 2024-03-08T07:32:20Z |
| format | Article |
| id | doaj.art-ab1225727e094db6a590e09bd531d259 |
| institution | Directory Open Access Journal |
| issn | 1648-0627 1822-4202 |
| language | English |
| last_indexed | 2024-03-08T07:32:20Z |
| publishDate | 2020-11-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Business: Theory and Practice |
| spelling | doaj.art-ab1225727e094db6a590e09bd531d2592024-02-02T20:03:56ZengVilnius Gediminas Technical UniversityBusiness: Theory and Practice1648-06271822-42022020-11-0121210.3846/btp.2020.12929Internal factors that stimulate the internationalization of companies in Peru’s jewellery sectorJhanira Jara0Paola Roman1Roxy Surichaqui2Wagner Vicente-Ramos3Faculty of Management International Business, Continental University, Huancayo, PeruFaculty of Management International Business, Continental University, Huancayo, PeruFaculty of Management International Business, Continental University, Huancayo, PeruFaculty of Management International Business, Continental University, Huancayo, PeruThe purpose of this research is to make known the internal factors that stimulate the internationalization of companies in the jewelery sector. We consider the qualitative approach at the descriptive level through semi-structured interviews with twelve major exporting companies in the jewelery sector in Peru. The results of the investigation show that the most relevant internal factors for the internationalization of jewelry companies is the international experience based on the understanding of markets, foreign clients, competition, knowledge of the documents and certificates necessary for an export, international commercial relations and risks in the negotiations; Another relevant internal factor is the personalization of the product with characteristics of innovation that generates better export results and, therefore, have a competitive position, since in the international market customers consider that companies have a product with added value, innovative and competitive. Moderately relevant factors are transaction costs, firm size, and the tacit nature of know-how; while opportunistic behaviuor is of little relevance. These findings will serve to understand opportunities and limitations that companies must be aware of to undertake new internationalization projects in the jewelery sector.https://bme.vgtu.lt/index.php/BTP/article/view/12929internationalizationinternal factorsexporting companiesjewelery sectorexportinternational experience |
| spellingShingle | Jhanira Jara Paola Roman Roxy Surichaqui Wagner Vicente-Ramos Internal factors that stimulate the internationalization of companies in Peru’s jewellery sector Business: Theory and Practice internationalization internal factors exporting companies jewelery sector export international experience |
| title | Internal factors that stimulate the internationalization of companies in Peru’s jewellery sector |
| title_full | Internal factors that stimulate the internationalization of companies in Peru’s jewellery sector |
| title_fullStr | Internal factors that stimulate the internationalization of companies in Peru’s jewellery sector |
| title_full_unstemmed | Internal factors that stimulate the internationalization of companies in Peru’s jewellery sector |
| title_short | Internal factors that stimulate the internationalization of companies in Peru’s jewellery sector |
| title_sort | internal factors that stimulate the internationalization of companies in peru s jewellery sector |
| topic | internationalization internal factors exporting companies jewelery sector export international experience |
| url | https://bme.vgtu.lt/index.php/BTP/article/view/12929 |
| work_keys_str_mv | AT jhanirajara internalfactorsthatstimulatetheinternationalizationofcompaniesinperusjewellerysector AT paolaroman internalfactorsthatstimulatetheinternationalizationofcompaniesinperusjewellerysector AT roxysurichaqui internalfactorsthatstimulatetheinternationalizationofcompaniesinperusjewellerysector AT wagnervicenteramos internalfactorsthatstimulatetheinternationalizationofcompaniesinperusjewellerysector |