What Decides The Pace? : Internationalization Process of Pump & Motor Manufacturers in Coimbatore, South India
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 7
Abstract
Internationalization process of a company is always a planned strategy. It involves more resource commitment, control and operational expectations. On the path to internationalization, the entire firm’s capacity is at discussion again and again: infrastructural facilities for production, setting up of own R&D units, operational skills, management’s involvement etc need to be committed. In other words, how fast is the pace of internationalization of firm, will reveal the level of involvement and commitment toward international operations. The objective of this study is to describe the process of internationalization of SMEs and to explore / explain why some firms go for a faster pace of internationalization and some follow a step by step gradual approach. The study has focused on selecting 143 engineering and manufacturing companies and further went in depth to analyze its characteristics. The difference in speediness happens among firms because, the increasing evidences show that small size companies operate in international markets with less experience and some medium and high value adding manufacturing companies operate with more resources and are capable of sustainability through product scope, financial commitments and resourceful counterparts. The aim of this article is to identify what decides the pace of internationalization among these firms and to find which variables play a prominent role in deciding the pace. To further enhance our understanding of this phenomenon and to test it through statistical tools, simple and multiple regression, chi square and pearson’s correlations are used from the SPSS package. Proactiveness, competitor’s responses, differences among exporting firms, and firm characteristics/ demographic variables are chosen to find the key dimension of speediness/ pace of internationalization of the select sample.
Authors and Affiliations
Dr. G. Jayanthi
Keywords
Related Articles
- EP ID EP412150
- DOI 10.9790/487X-2007046376.
- Views 70
- Downloads 0
School Culture and School Improvement Challenges in Kedah
The aim of this study is to identify the level of school culture practices in Kedah and theChallenges of school improvement faced by school management. The study was conducted in a mixed-method. A total of 375 teachers w...
Effect of Financial Management Practices on Profitability of Small-Scale Enterprise: Case Study Hawassa City Administration, Ethiopia
Small-Scale Enterprises are very important to the economic growth and development of a country. SensibleFinancial Management Practices can help Small-Scale Enterprises to become profitable and stays in business for a lon...
Financial Literacy in Indonesia
This article aims to describe (1) how the supply side in financial literacy (2) how the demand side in secondary education and higher education improved financial literacy has been balanced from the side of demand and su...
Present Crisis of the Banking Industry of Bangladesh: Causes and Remedial Measures
In recent few years the banking sector of Bangladesh is probably passing through the worst condition in its history. Some major scandals in Sonali Bank Ltd. Basic Bank Ltd., Modhumoti Bnak Ltd., Farmers Bank Ltd., and re...
Managerial Competency Mapping And Gap Analysis Among The Middle Level Managers Of Insurance Sector
In the emerging world of business, there is necessity to the organization to build and develop the management framework on the basis of competency. This high‐level category architecture assists in organizing the competen...