Tag Archives: Internationalization

An Empirical Study on the Influence of Patent Output Based on the Internationalization of Venture Enterprises of Chinese Gem Enterprises (Published)

This paper delves deeply into the impact of domestic venture enterprise internationalization on patent output from two dimensions of patent output’s efficiency and quantity amid the special institutional landscape of China’s Growth Enterprise Market. The study found that innovation and internationalization intensify more efforts to become important strategic measures for GEM corporations. Yet the history of China’s GEM companies is not too long but equipped with commendable international competitiveness. In addition, the internationalization strategy leverages the efficacy of patent output. That means that the higher the degree of internationalization of enterprises, the higher the efficiency of patent output; the enterprises that have implemented internationalization will have more patent output. The conclusion of this paper provides a new perspective and empirical evidence for us to know more about the relationship between the internationalization and independent innovation of Chinese venture enterprises, and presses ahead with a theoretical basis and decision-making underpinner for the country to deepen independent innovation and improve internationalization development policies.

Keywords: Internationalization, Patent Output, Venture Enterprise

Globalizing Business Education Curriculum Experiences in Nigeria Higher Education for Enhanced Students’ Employability (Published)

The growing challenges of globalisation, internationalization and labour market are pushing universities to rethink their curriculum learning experiences in developing economies. Hence the study seeks ways to strengthen the business education curriculum learning experiences in order to improve creativity and innovative capacities of students in knowledge – based economy. The survey study used 120 business educators involve in curriculum planning and design from four selected universities in the Niger Delta States. Internal consistency of the measured scale was determined by using split-half method correlated with coefficient alpha to obtain 0.75. Quantitative data analysed using descriptive statistics revealed the need to expose the students to multi-cultural environments, critical and analytical perspectives of global economic opportunities, and entrepreneurial skills that can help them function actively in domestic and international business environments. In conclusion, the paper charged stakeholders to incorporate into the business education programs global practices to enrich students’ employability status.

Keywords: Curriculum Experiences, Employability, Globalisation, Internationalization

Globalization and Adaptation of University Curriculum with LMSs in the Changing World (Published)

Methodological approaches and efforts towards attainment of excellence in higher education, as the most powerful instrument for social and economic advancement, are undergoing major changes technologically and otherwise. For the university to play a leading role in the ever-changing world of globalization, internationalization, and digitalization; the university curriculum must necessarily be adapted to suit the Revolutionary Information Age that we live in. Learning Management Systems (LMSs) are used all over Higher Education Institutions (HEI) in Europe, North America, South America, Asia, Oceania, and most countries in Africa for the purpose. The need to acquire, know, understand, and actually use LMS in the Third World countries as in the Developed World has arisen and is rapidly increasing aggressively in today’s ever-changing globalized digital knowledge economy. Unfortunately however, LMS is not yet in use in any of the universities in Nigeria as a function of lack of information about how LMSs are being used, where and how to acquire LMSs, and which LMSs are the most adopted elsewhere in the world. This research aimed at, and provided the requisite information for universities to easily acquire, develop and use LMSs for effective delivery of higher education to meet the internationalization and globalization needs of the Revolutionary Information Age

Keywords: Adaptation, Changing world, Excellence in higher education, Globalization, Internationalization, LMS, LMSs, Learning Management System, List of top LMSs, Revolutionary Information Age, University curriculum

FACTORS DETERMINING FIRMS’ STRATEGY OF INTERNATIONALIZATION: A CASE STUDY ON POLAND (Published)

The purpose of this paper is to examine the determinants of an internationalization strategy and its impact on success and business performance. To achieve this objective, data were collected through surveys using a structured questionnaire administered to 385 Polish small and medium-sized enterprises (SMEs) that are involved in launching and developing their products in international markets. A confirmatory factor analysis was conducted to examine the reliability and validity of the measurement model, and the structural equation modeling technique was used to test the research model. The results of the study confirm that internationalization strategies of Polish SMEs are influenced by six factors that are: managerial expertise, dynamic capabilities, risk aversion, alliance capabilities, foreign market orientation and markets knowledge

Keywords: Alliance, Business, Internationalization, Management, Performance, Risk, Strategy, Success

EXAMINING THE ROLE OF EXTERNAL BUSINESS FACTORS IN INTERNATIONALIZATION OF MANUFACTURING SMES – CASE OF CROATIA (Published)

Internationalization represents an expansion of economic activity beyond the boundaries of domicile economy and includes export and import activities. Because it allows lowering costs by accessing a new suppliers or increase revenues by accessing new markets, it represents an opportunity for gaining competitive advantage for small and medium enterprises on both domestic and foreign markets. This paper empirically analysis effects of external business factors: location, availability of financing, competition and cooperation, on internationalization of SMEs in case of both export and import activities. Results from this research should help governments in determining key areas and measures for successful internationalization of manufacturing SMEs.

Keywords: Croatia, External Business Factors, Internationalization, SMEs, Strategy

FIRM RESOURCES AS DETERMINANTS OF INTERNATIONALIZATION OF MEDIUM SIZED FIRMS; EVIDENCE FRAOM KENYA (Published)

The purpose of the study is to assess the effects of firm resources on the internationalization of medium firms taking evidence from Kenya.Resource Based View (RBV) is the main theoretical framework that has informed the study. According to Barney (1991), the ownership of the unique resources is assumed to be the reason why Medium firms in the same industry and location respond differently to export stimuli; one initiating export business and is in a position to meet its export orders while another similar one is not. The argument is that the internal resources tangible or intangible are the main explanatory determinant of firm internationalization. Kenya Top 100 medium firms formed target population. The results of the study indicate that Medium firms that seek for internationalization should invest in developing rare and unique resources which are not imitable. The findings reveal that internal resources tangible or intangible are the main explanatory determinant of medium firm internationalization. The results of the study agrees with a lot of the existing literature on SMEs internationalization on that ownership of the unique resources is a major reason why firms in the same industry and location respond differently to export stimuli. To overcome the challenges of smallness, medium firms have to leverage on knowledge and network resources for they are rare, unique and are not imitable.

Keywords: ; Medium Firm, Internationalization, resources

Factors Influencing The Internationalization Of Nigerian Manufacturing Firms:An Empirical Analysis (Published)

The purpose of this study was to investigate the Critical Decision Factors (CDF) of internationalization by Nigerian manufacturing firms, as well as, examines specific relationships between these CDF and Perceived International Business Performance Measure (PIBPM). 566 management staff of 14 Nigerian manufacturing companies, with international presence was randomly selected from a business-to-business database maintained by a national list provider. Using the integrated conceptual framework of international business strategy by Peng (2006), factors manifesting PIBPM were regressed on the CDF, manifesting successful internationalization. However, multivariate analyses was mathematically represented in a single equation, and this equation is expected to be used by Nigerian manufacturing companies in composing strategies to optimize their management of international entry decisions and international business performance. Overall, the paper argue that an institution-based view of international entry decision, in combination with transaction cost- and resource-based views, will not only help sustain a strategy tripod, but also shed significant light on the most fundamental questions confronting international entry decisions. Hence, a model incorporating the key elements of each approach could present a more realistic and comprehensive picture of international business strategies. The model also provides predictive implications on improved international business performance, given the activities of CDF manifesting successful internationalization.

Keywords: Institutional Theory, International Performance, Internationalization, Manufacturing Firms, Nigeria, Regression Analysis, Resource-Based View, Transaction Cost Analysis