Some Active Factors Potentially Affecting the Internationalization Process at Economic and Technology Scales Influencing Decision Mechanisms in Businesses

Autor: Murat Erkan
Rok vydání: 2022
Předmět:
DOI: 10.5281/zenodo.7580295
Popis: In the past few decades, with the dramatic development of economy and technology, international trade and internationalization have become a trend and become increasingly popular for various businesses. This is because both areas are becoming increasingly interconnected. This phenomenon can be attributed to several factors, such as reduced barriers enabling businesses to enter new markets, businesses' never-ending efforts to find the most cost-effective resources, and increased consumer demand (Doole and Lowe, 2008). Since the early 1980s, the world economy has gone through a process known as rapid "globalization" and during the last 10 years the business sector has undergone a significant transformation as a direct result of globalization and internationalization (Lee and Slater, 2007). Doole and Lowe (2008) state that the development of a more open global economy and the continued construction of global electronic highways have contributed to the increased interdependence and interconnection of national economies all over the world. Therefore, managers of organizations of all sizes need to buy management skills to be able to respond appropriately to the many different challenges they face. In addition, the idea of globalization has attracted the attention of a considerable number of scientists over the last few decades. However, conditions will be different for businesses running in various industrial contexts looking to internationalize. The internationalization process will be affected by a wide range of circumstances, including the size of the businesses involved. Indeed, many and studies in the past have tried to present a variety of hypotheses and address concerns in this field from various perspectives ( e.g., Harris and Wheeler, 2005; Andersson, 2004; Forsgren, 2002). This article examines sending decision-making policies in the context of and in relation to economics and technology
Databáze: OpenAIRE