Drivers of internationalization: the need to recognize the internal capabilities of industrial machinery companies
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Abstract: (48 Views) |
With the continuous changes and transformations of the business environment, companies can be successful that can adapt themselves to the continuous changes and transformations of the environment and gain competitive advantage and market share by benefiting from the opportunities. Therefore, being present beyond local borders and operating in international markets is the basis for the growth of businesses. In this regard, this research was conducted with the aim of identifying the drivers of internationalization: the need to recognize the internal capabilities of industrial machinery companies. The current research is from the point of view of the goal of developmental and applied and from the point of view of the qualitative method. Data analysis was done by thematic analysis method. To identify the internal factors of businesses for their internationalization, a semi-structured interview with experts and business managers in the field of machinery production in the construction products industry was used to collect data and the interview continued until theoretical saturation. The statistical sample selection method was purposive sampling and 22 interviews were conducted in this regard. Also, in order to validate, two strategies of external review and pluralism were used. Coding and creation of meanings and themes were used to extract concepts and categories. Based on the results obtained regarding the internationalization of industrial machinery companies, seven main themes including technical capacities, financial capacities of the company, the ability of managers, the company's human resources, the definition of the company's structure, knowledge management and the motivation to be present in the market and fifty sub-themes of extraction became. According to the results, internationalization requires drivers, each of which can be a factor to move towards international markets.
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Article number: 10 |
Keywords: internationalization, domestic capabilities, drivers, industrial machinery |
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Full-Text [PDF 910 kb]
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Article type: Research |
Subject:
Special Received: 2023/06/30 | Accepted: 2023/08/22 | Published: 2024/07/31
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