You are not logged in.

Multi-market industrial organizational economic models for the internationalization process by small and medium enterprise construction design service firms

London, Kerry 2010, Multi-market industrial organizational economic models for the internationalization process by small and medium enterprise construction design service firms, Architectural engineering and design management, vol. 6, no. 2, pp. 132-152.

Attached Files
Name Description MIMEType Size Downloads

Title Multi-market industrial organizational economic models for the internationalization process by small and medium enterprise construction design service firms
Author(s) London, Kerry
Journal name Architectural engineering and design management
Volume number 6
Issue number 2
Start page 132
End page 152
Publisher Earthscan
Place of publication London, England
Publication date 2010
ISSN 1745-2007
1752-7589
Keyword(s) design management
internationalization
reflexive capability
SMEs
Summary Small and medium enterprises (SMEs) are critical to strategic initiatives in an economy; however, their contribution to foreign trade is not as significant. SMEs are one of the principal driving forces in economic development. One of the greatest challenges is the internationalization process for longevity rather than seeing the process as initial market entry. The internationalization process research has typically involved four key constructs: market selection, decision to enter, entry modes and factors affecting entry modes. Past research has focused on large manufacturing firms. The export of architectural, engineering and construction (AEC) firms has undergone growth, yet there is still significant opportunity for further growth. The majority of AEC firms are SMEs. Notwithstanding assistance provided through international trade missions, organized export firm support networks and information packages by a burgeoning number of government agencies, there are still perceived barriers to market entry and long-term economic sustainability for SMEs. There are a number of problems faced by SMEs acting in foreign trade. This investigation explores the successful initial internationalization process constructs and identifies unique project-oriented sector characteristics. The study identified similarities and differences between two firms that have been exporting to various localities, including Eastern Europe, Africa, Middle East, UK, Asia and South America, for more than two decades. The similarities and differences were identified within eight major constructs: purpose, firm type, market image and design philosophy, entry mode strategy, institutional arrangement, factors affecting mode of entry, market selection and firm strategy in relation to project selection. The primary reasons for internationalization were associated with the firms' motivations related to growth and financial viability. This article discusses the various internationalization processes and strategies intrinsic to each case study and establishes a detailed set of empirical observations from which to develop further a grounded theoretical model of reflexive capability for the internationalization process. This study contributes to the body of knowledge around the SME AEC design service firm's internationalization process, as a dynamic, evolving and continuously adaptable construct for project-based sectors.
Language eng
Field of Research 120201 Building Construction Management and Project Planning
Socio Economic Objective 870102 Commercial Construction Planning
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2010
Copyright notice ©2010, Taylor & Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30033780

Document type: Journal Article
Collection: School of Architecture and Built Environment
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 6 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 298 Abstract Views, 1 File Downloads  -  Detailed Statistics
Created: Thu, 07 Apr 2011, 15:01:35 EST by April Wallbank

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.