Chapter 10. Internalization of Russian Firms as institutional arbitrage: the case of Finland
This study examines using a complex systems approach, the reciprocal relationships between innovation, internationalization, and organizational learning in small businesses. After analyzing 54 companies and purposefully selecting 12 particularly information‐rich cases, we find that these three key activities are reciprocally linked to each other, forming a complex circular system. The firms’ evolution also shows that faced with various change elements, the system evolved toward adopting one of up to four patterns of interaction, characterized by low and high incremental and radical innovation, local and global internationalization, and adaptive and generative learning. The findings are relevant to scholars, managers, and policymakers.
This study evaluates the effects of export promotion programs (EPPs) in Russian manufacturers. It examines a multi-dimensional set of subjective and objective indicators including the level of awareness, use, the perception of usefulness, as well as different intermediate export marketing results, and final performance indicators. The results show that most EPPs are successful in attaining their goals as to improving firms’ export marketing competencies. Though, at the same time, they point to clear problems, regarding program awareness, availability, and accessibility. The paper concludes with a discussion about managerial and public policy implications.
This is a collection of research papers and cases that reflects the progress in international business research. The book contains 12 chapters and 7 cases.
Firms in emerging markets are becoming leading global players despite operating in challenging home country environments, but little is known about how they build their capabilities. By analyzing multiple companies operating across over a dozen emerging markets in Asia, Latin America, Africa and Europe, the authors identify the specific challenges faced by emerging market firms to become internationally competitive. Furthermore, they provide actionable solutions to upgrading capabilities, sustaining competitive advantage, and achieving multinational status, all whilst operating in emerging economies. Featuring contributions from eminent business scholars from across the globe, this timely volume provides a valuable tool for academics and practitioners, managers and consultants, especially those involved with emerging market firms working to grow and succeed globally.
Innovation and internationalization activities are considered two key sources of firms' competitiveness, growth and profitability. This study evaluates the relationship between both strategies, and with business performance. The analysis is based on survey data from a sample of Spanish manufacturing firms from different industries and stratified according to their internationalization involvement, divided for the first time in this field in different stages according to their level of exports and FDI. We argue that companies in more advanced internationalization stages will be more innovative. The results show a positive and significant increase in the level of product innovation as companies advance through the internationalization stages, with exporters as a whole exhibiting a higher level of both product and process innovation. Furthermore, internationalization shows a stronger contemporaneous effect on performance, while the direct impact of innovation is not significant. Conclusions are offered regarding both companies' management and public policy.