• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Examining trends in Internationalisation of small firms
 

Examining trends in Internationalisation of small firms

on

  • 545 views

Case Study analysis conducted at University of Strathclyde as a module.

Case Study analysis conducted at University of Strathclyde as a module.
Case companies: Sandvik, Atlas Copco, Facit and Volvo

Statistics

Views

Total Views
545
Views on SlideShare
537
Embed Views
8

Actions

Likes
1
Downloads
0
Comments
0

1 Embed 8

http://www.linkedin.com 8

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Examining trends in Internationalisation of small firms Examining trends in Internationalisation of small firms Presentation Transcript

    • Internationalisation of firms: four Swedish cases 06th December 2010Team Members:Abhishek SarkarChristina LyropoulouTushar KaulVishal Gholap
    • Agenda The internationalisation of the firm – Four Swedish cases - Central idea, Key concepts and relationships - Internationalisation of Sandvik, Atlas Copco, Facit & Volvo - Strengths and weakness of the article Small firms internationalisation: an investigation survey and future research directions - Central idea, Key concepts and relationships - Relationship with the first paper Managerial implications and applicability of the papers
    • The Internationalisation of the firms:Four Swedish Cases Central idea: Gradual internationalisation of Swedish firmsKey Concepts: - The Establishment Chain - Degree of Involvement - Psychic Distance - Size of the market
    • The Establishment Chain Mfg. Subsidiary Sales Higher subsidiary resources Controlled commitment Export Market information Sufficient via Certain agents commitment market Direct knowledge Market experienceIndire informationct through aExpor No channel commitmentt of Resources Lack of Information
    • Degree of involvement anduncertainty High Export / Agency relations Uncertainty Sales subsidiary Mfg. subsidiary Mfg. and Sales Subsidiary Low Degree of involvement High
    • Degree of involvement and PsychicDistance High Export / Psychic Distance Agency relations Sales subsidiary Mfg. subsidiary Mfg. and Sales Subsidiary Low Degree of involvement High
    • Degree of involvement and Size of Market High Mfg. and Size of the Market Sales Subsidiary Mfg. subsidiary Sales subsidiary Export / Agency relations Low Degree of involvement High
    • Sanvik Steel producing Company started in 1862 The oldest firm out of the four firms G. F. Goransson (Founder) – General Manager of a trading firm
    • Sanvik Agency Relations Sales Subsidiaries X Mfg. Subsidiaries X Mfg. & sales Subsidiaries
    • Atlas Copco Started in 1873 Products: Railway materials, steam engines for ships and machine tools
    • Atlas Copco Agency Relations Sales Subsidiaries X Mfg. Subsidiaries X Mfg. & sales Subsidiaries
    • Facit Formed in a reconstruction in 1922 Expansion also continued with the buying of other firms
    • Facit Agency Relations Sales Subsidiaries X Mfg. Subsidiaries X Mfg. & sales Subsidiaries
    • Volvo Started its activities in 1927 Firstly Export selling and shortly after that sales representatives
    • Volvo Agency Relations Sales Subsidiaries X Mfg. Subsidiaries X Mfg. & sales Subsidiaries
    • Credibility of claims andarguments Credible source of data Findings supports the theoretical expectations Only conflict with findings in Mfg. Subsidiaries and the factors considered Companies belong to the same industry and are of similar size Does not consider the business environment
    • Small firms Internationalisation Historical background of internationalisation Different theories of what internationalisation consists depending to the timeframe and the general circumstances of that period of time Failures in existing models of internationalisation due to - globalisation effects - impact of technology - bypassing of traditional barriers to entry - specific factors of the industry
    • Small firms Internationalisation Try to explain internationalisation behaviour through the theory of stages using alternative approaches Emerging theory concept of international industrial networks and the impact on the relationship building on international behaviour Inadequacies in theories and limitations Evolution of internationalisation to globalisation
    • Managerial Implications Changing business environment throws a challenge to the manager to analyse the firm’s attitude to internationalization Psychic distance & size not enough to carry ahead the internationalization process for a firm Adoption of further theories of management will help to speed up the process of internationalization
    • Relationship with the module Goes deeper with factors upon which internationalization for a firm could vary Internationalization and its processes are the essence on which IB is based
    • Implementing the ideas Not limited to the internal capability and competencies of the firm to go for internationalization Look at other factors of external environment such as transaction cost, psychic distance, eclectic paradigm to sharpen the internationalization strategy.
    • ...........?????