Firm Characteristics and Industry Influences as Drivers of Internationalization: An Examination of US Business Responses to the New European Union
Department
Management and Entrepreneurship
Document Type
Article
Publication Date
10-1995
Abstract
This research examined the strategic responses of 70 US manufacturing firms to the European Community's unification movement. In general, internal firm's characteristics such as competitive advantages, performance goals, and the firm's current presence in Europe significantly influenced the nature of strategic responses. Surprisingly, external industry influences appeared somewhat ineffectual. The findings contradict conventional wisdom that posits industry influences as being the primary drivers of internationalization.
Journal Title
Strategic Change: Briefings in Entrepreneurial Finance
Journal ISSN
1086-1718
Volume
4
Issue
5
First Page
293
Last Page
304
Digital Object Identifier (DOI)
10.1002/jsc.4240040505