Internationalization and alliance formation : evidence from Turkish SMEs

Ulubasoglu, Mehmet, Akdis, Muhammet and Kok, Sabahat 2009, Internationalization and alliance formation : evidence from Turkish SMEs, International small business journal, vol. 27, no. 3, pp. 337-361.

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Title Internationalization and alliance formation : evidence from Turkish SMEs
Author(s) Ulubasoglu, Mehmet
Akdis, Muhammet
Kok, Sabahat
Journal name International small business journal
Volume number 27
Issue number 3
Start page 337
End page 361
Total pages 25
Publisher Woodcock Publications
Place of publication Wilmslow, England
Publication date 2009
ISSN 0266-2426
1741-2870
Keyword(s) alliances
foreign capital
internationalization
SMEs
Turkey
Summary This study explores the issue of internationalization through forming alliances with foreign capital in the small business sector in Turkey. Using a sample of 257 SMEs from this emerging market economy, collected via a field study, it finds that Turkish SMEs would like to form alliances with foreign capital for expanding their production capacity and accessing to world markets. Multivariate multinomial logit models are employed to analyse the survey data econometrically. Size-specific, sector-specific and management-specific factors are identified in the alliance motivation. The `market' and `finance' aspects of alliances prevail in the multivariate analysis with significant implications. There is also evidence that some conditional relationships offered by multivariate analysis differ from unconditional associations found in the survey, which implies that alliance motivation is partly a product of multidimensional decision-making process on behalf of SMEs.
Language eng
Field of Research 140210 International Economics and International Finance
Socio Economic Objective 910399 International Trade not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2009, SAGE Publications
Persistent URL http://hdl.handle.net/10536/DRO/DU:30021513

Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
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