Building strategic alliances as agents of business internationalization for domestic companies

The process of internationalization of business for individual companies is almost inevitable. It is not simple and is often made even more complex by numerous challenges. The aim of this paper is to investigate the strategies of owners and top-level managers in domestic companies from different bus...

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Autores principales:	Miletić Vuk, Ćurčić Nikola
Formato:	article
Lenguaje:	SR
Publicado:	University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia 2021
Materias:	alliances internationalization business enterprise financial resources competitiveness Business HF5001-6182
Acceso en línea:	https://doaj.org/article/29e9bd71616c4ec1a950ef412ffadd01
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spelling	oai:doaj.org-article:29e9bd71616c4ec1a950ef412ffadd012021-12-05T20:58:41ZBuilding strategic alliances as agents of business internationalization for domestic companies2217-54582620-022810.5937/etp2103064Mhttps://doaj.org/article/29e9bd71616c4ec1a950ef412ffadd012021-01-01T00:00:00Zhttps://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2021/2217-54582103064M.pdfhttps://doaj.org/toc/2217-5458https://doaj.org/toc/2620-0228The process of internationalization of business for individual companies is almost inevitable. It is not simple and is often made even more complex by numerous challenges. The aim of this paper is to investigate the strategies of owners and top-level managers in domestic companies from different business sectors developed with the aim to build penetration into foreign markets by building business alliances, especially since the national market often becomes too small for their expansion. The decision to use or not to use strategic alliances is usually conditioned by the characteristics of national companies. In the case of companies of different levels and periods of business operation, such alliances have a number of advantages and disadvantages. The numerous disadvantages are mainly due to the special characteristics that each of them possesses. The results of this study highlight the factors that encourage national companies to establish a strategic alliance in the processes of internationalization, as well as the elements that hinder the choice of such strategies. In this research, the methods of comparative statistics (ch2 Test, ANOVA), hypothetical - deductive methods, analytical - deductive and comparative methods, historical and statistical - descriptive methods were used.Miletić VukĆurčić NikolaUniversity Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbiaarticlealliancesinternationalizationbusinessenterprisefinancial resourcescompetitivenessBusinessHF5001-6182SREkonomija: teorija i praksa, Vol 14, Iss 3, Pp 64-82 (2021)
institution	DOAJ
collection	DOAJ
language	SR
topic	alliances internationalization business enterprise financial resources competitiveness Business HF5001-6182
spellingShingle	alliances internationalization business enterprise financial resources competitiveness Business HF5001-6182 Miletić Vuk Ćurčić Nikola Building strategic alliances as agents of business internationalization for domestic companies
description	The process of internationalization of business for individual companies is almost inevitable. It is not simple and is often made even more complex by numerous challenges. The aim of this paper is to investigate the strategies of owners and top-level managers in domestic companies from different business sectors developed with the aim to build penetration into foreign markets by building business alliances, especially since the national market often becomes too small for their expansion. The decision to use or not to use strategic alliances is usually conditioned by the characteristics of national companies. In the case of companies of different levels and periods of business operation, such alliances have a number of advantages and disadvantages. The numerous disadvantages are mainly due to the special characteristics that each of them possesses. The results of this study highlight the factors that encourage national companies to establish a strategic alliance in the processes of internationalization, as well as the elements that hinder the choice of such strategies. In this research, the methods of comparative statistics (ch2 Test, ANOVA), hypothetical - deductive methods, analytical - deductive and comparative methods, historical and statistical - descriptive methods were used.
format	article
author	Miletić Vuk Ćurčić Nikola
author_facet	Miletić Vuk Ćurčić Nikola
author_sort	Miletić Vuk
title	Building strategic alliances as agents of business internationalization for domestic companies
title_short	Building strategic alliances as agents of business internationalization for domestic companies
title_full	Building strategic alliances as agents of business internationalization for domestic companies
title_fullStr	Building strategic alliances as agents of business internationalization for domestic companies
title_full_unstemmed	Building strategic alliances as agents of business internationalization for domestic companies
title_sort	building strategic alliances as agents of business internationalization for domestic companies
publisher	University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia
publishDate	2021
url	https://doaj.org/article/29e9bd71616c4ec1a950ef412ffadd01
work_keys_str_mv	AT mileticvuk buildingstrategicalliancesasagentsofbusinessinternationalizationfordomesticcompanies AT curcicnikola buildingstrategicalliancesasagentsofbusinessinternationalizationfordomesticcompanies
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Building strategic alliances as agents of business internationalization for domestic companies

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