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Going international versus going global. The Case of the European Steel Pipe SMES

Authors :
Elena-Mădălina VĂTĂMĂNESCU
Florina-Magdalena PÎNZARU
Andreia-Gabriela ANDREI
Vlad-Andrei ALEXANDRU
Source :
Revista de Management Comparat International, Vol 15, Iss 3, Pp 360-379 (2014)
Publication Year :
2014
Publisher :
Editura ASE, 2014.

Abstract

In a world where competitiveness has become the second nature of the business environment, an insight on the organizations’ endeavour to go international seems natural. And yet, most of the times, under the lens of the worldwide researchers and practitioners, corporations have been settled as milestones. In this context, focusing on the small and medium enterprises (SMEs), on the managerial and entrepreneurial micro-universe may generate an alternative perspective on their approach on the international markets versus the global market. Starting from this premise, the paper intends to analyze the business internationalization versus business globalization perspectives assumed by managers of SMEs at present. The distinction between the two approaches is based on a step-bystep touch of the specialized markets versus a straight forward venture into far-away markets with a view to obtain higher profits. The emphasis was laid on 107 European steel pipe SMEs, whose managers responded to a 15-item questionnaire regarding their market strategies and experiences. As the results show, the socio-demographic characteristics of respondents have a considerable impact on their approaches on the issue, the choice for going international or going global relying on the subjects’ age, number of foreign partners, experience on the foreign markets and education field.

Details

Language :
English
ISSN :
15823458 and 26010968
Volume :
15
Issue :
3
Database :
Directory of Open Access Journals
Journal :
Revista de Management Comparat International
Publication Type :
Academic Journal
Accession number :
edsdoj.b01887d6e6c843d39ee951801d723d35
Document Type :
article