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Appears in:
Pages: 10057-10060
Publication year: 2017
ISBN: 978-84-697-3777-4
ISSN: 2340-1117
doi: 10.21125/edulearn.2017.0009

Conference name: 9th International Conference on Education and New Learning Technologies
Dates: 3-5 July, 2017
Location: Barcelona, Spain

ENHANCING FACTORS OF BUSINESS INTERNATIONALIZATION SURVEY: STRUCTURAL VALIDATION PROCEDURES

C. Azevedo Lobo1, A.T. Ferreira1, C. Costa-Lobo2

1Universidade Portucalense, Portucalense Institute for Legal Research - IJP; GOVCOPP - UA (PORTUGAL) (PORTUGAL)
2Universidade Portucalense, Institute for Cognitive and Behavioural Neuropsychology Neurosciences - INPP (PORTUGAL)
A growing flow of research into new international ventures has sought to understand the causes, processes, and outcomes of the decision to early enter in foreign markets. A common thread in these research concerns to the role of learning and knowledge. Concerning the importance of learning and knowledge for companies with no great international experience, theories prior to the mid-1990s offered limited ability to explain how and for what reasons some companies began to operate successfully across national boundaries very early in its life cycle. Organizational knowledge, or lack thereof, was a central explanation for internationalization in original, stage-based models, but some current authors have recognized that individual factors, such as international experience, can also influence the pace and the beginning of internationalization. Thus, knowledge plays a key role both for the stages approach and for the international new ventures approach, but it does so in a significantly different way. This perspective on international new ventures emphasizes the role of individual knowledge to argue that international ventures do not need organizational experiences, routines or capabilities to enter earlier in their first foreign market. On the contrary, the past experiences of founders and other key managers can replace such shortcomings. Individual knowledge of business managers about foreign markets can thus help the company to skip the incremental processes suggested by the stages perspective. The increasing popularity of this new strategic perspective on international new ventures has created a body of literature on the problem of the beginning of internationalization. Also, according to the Network Theory, network relations undoubtedly favor the competitiveness of enterprises and have become an important tool to support the internationalization of SMEs. Some authors states that potentially conflictive relationships and divergent interests are seen by the parties as collaborative partnerships around a common goal.

This paper is a report on the findings of a survey validation, applied to 320 internationalized companies. The relational structure of the Enhancing Factors of Business Internationalization Survey was evaluated by exploratory factor analysis. The objective is to estimate the common factors and structural relationships that link factors, latent variables, to the variables considered as possible inducers of Business Internationalization, manifest variables.

To evaluate exploratory factor analysis validity, Bartlett's sphericity test was used, and also KMO adequacy coefficient, which presented a value of 0.619. Measure of Sampling Adequacy values are greater than 0.5 for all variables, suggesting that all can be used. The results obtained are discussed and refer to a theoretical positioning of career education, through three latent factors: "Psychological distance"; "Knowledge", and "Company Characteristics".
@InProceedings{AZEVEDOLOBO2017ENH2,
author = {Azevedo Lobo, C. and Ferreira, A.T. and Costa-Lobo, C.},
title = {ENHANCING FACTORS OF BUSINESS INTERNATIONALIZATION SURVEY: STRUCTURAL VALIDATION PROCEDURES},
series = {9th International Conference on Education and New Learning Technologies},
booktitle = {EDULEARN17 Proceedings},
isbn = {978-84-697-3777-4},
issn = {2340-1117},
doi = {10.21125/edulearn.2017.0009},
url = {http://dx.doi.org/10.21125/edulearn.2017.0009},
publisher = {IATED},
location = {Barcelona, Spain},
month = {3-5 July, 2017},
year = {2017},
pages = {10057-10060}}
TY - CONF
AU - C. Azevedo Lobo AU - A.T. Ferreira AU - C. Costa-Lobo
TI - ENHANCING FACTORS OF BUSINESS INTERNATIONALIZATION SURVEY: STRUCTURAL VALIDATION PROCEDURES
SN - 978-84-697-3777-4/2340-1117
DO - 10.21125/edulearn.2017.0009
PY - 2017
Y1 - 3-5 July, 2017
CI - Barcelona, Spain
JO - 9th International Conference on Education and New Learning Technologies
JA - EDULEARN17 Proceedings
SP - 10057
EP - 10060
ER -
C. Azevedo Lobo, A.T. Ferreira, C. Costa-Lobo (2017) ENHANCING FACTORS OF BUSINESS INTERNATIONALIZATION SURVEY: STRUCTURAL VALIDATION PROCEDURES, EDULEARN17 Proceedings, pp. 10057-10060.
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