Author(s): Ina Lejko | Štefan Bojnec
Journal: Management
ISSN 1854-4223
Volume: 8;
Issue: 1;
Start page: 71;
Date: 2013;
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Original page
Keywords: born global enterprise | internationalization | small and medium sized enterprises | transition economies
ABSTRACT
Small and medium sized enterprises (SMEs) are important businessactors in the Slovenian, as well as European economy. Inaddition to the current global market conditions, reflecting a severeeconomic downturn, the SMEs in Slovenia and other transitioneconomies operate under additional extensive external pressures,arising from the opening of their domestic markets. Undersuch conditions, companies, including SMEs, perceive internationalizationas an inevitable, or even urgent step in the processof their business operations. However, companies pursue differentpaths in their internationalization efforts, one of them beinga rapid internationalization strategy, denoted as the Born Globalconcept. In the paper, we explore the internationalization processof Slovenian Born Global SMEs. We employ an exploratory qualitativecase study analysis of selected Slovenian SMEs in order tograsp the key characteristics of their internationalization process.On the basis of the latter we construct a dynamic internationalizationmodel that might be used as a conceptual framework forempirical research of dynamic SMEs market behavior in Sloveniaand other transition countries.
Journal: Management
ISSN 1854-4223
Volume: 8;
Issue: 1;
Start page: 71;
Date: 2013;
VIEW PDF
DOWNLOAD PDF Original pageKeywords: born global enterprise | internationalization | small and medium sized enterprises | transition economies
ABSTRACT
Small and medium sized enterprises (SMEs) are important businessactors in the Slovenian, as well as European economy. Inaddition to the current global market conditions, reflecting a severeeconomic downturn, the SMEs in Slovenia and other transitioneconomies operate under additional extensive external pressures,arising from the opening of their domestic markets. Undersuch conditions, companies, including SMEs, perceive internationalizationas an inevitable, or even urgent step in the processof their business operations. However, companies pursue differentpaths in their internationalization efforts, one of them beinga rapid internationalization strategy, denoted as the Born Globalconcept. In the paper, we explore the internationalization processof Slovenian Born Global SMEs. We employ an exploratory qualitativecase study analysis of selected Slovenian SMEs in order tograsp the key characteristics of their internationalization process.On the basis of the latter we construct a dynamic internationalizationmodel that might be used as a conceptual framework forempirical research of dynamic SMEs market behavior in Sloveniaand other transition countries.
