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Enhancing the prospects for entering emerging markets via business networks
KTH, School of Industrial Engineering and Management (ITM), Machine Design (Dept.), Integrated Product Development.
KTH, School of Industrial Engineering and Management (ITM), Machine Design (Dept.), Integrated Product Development.
Linköping University.
2010 (English)In: Proceedings of the XXI ISPIM Conference / [ed] Huizingh, Torkkeli, Conn, Bitran, 2010Conference paper, Published paper (Refereed)
Abstract [en]

Multiple factors affect a company’s ability to enter a foreign market. Despite the challenges faced by SMEs, it is suggested that emerging markets (EM) possess high investment potential, thus should seriously be considered as new markets for Swedish environmental technology companies. Researchers within the field of internationalization activities suggest that psychic distance and experiential learning heavily affect market selection. This paper is based upon a case study of four companies that unite in a joint venture with the purpose of developing and constructing a complete plant in an EM based on a radical technology innovation. Of importance to the network partners is the knowledge shared between them for the purpose of successful commercialization, and also knowledge that enhances the prospects for companies to consider EM for their business.

Place, publisher, year, edition, pages
2010.
Keyword [en]
emerging markets, environmental technology companies, network, innovation, small and medium-sized enterprises, SME
National Category
Mechanical Engineering
Identifiers
URN: urn:nbn:se:kth:diva-43403ISBN: 978-952-214-926-8 (print)OAI: oai:DiVA.org:kth-43403DiVA: diva2:448233
Conference
ISPIM 2010 Conference - The Dynamics of Innovation
Projects
LIAN, Management of Innovation Processes for Business Driven Networks
Note
QC 20111102Available from: 2011-11-02 Created: 2011-10-14 Last updated: 2012-02-08Bibliographically approved

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  • apa
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  • de-DE
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  • nn-NB
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  • Other locale
More languages
Output format
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