Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking Solutions

The internationalization phenomenon can be described as the set of processes which helps identifying, entering, establishing and expanding to international markets. Depending on the company and its industry, different internationalization processes might be entertained. This study analyzes the entry...

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Autores principales: Ochoa-Giraldo,Sara Marcela, Gurusamy,GopiKannan, Gonzalez-Perez,Maria Alejandra
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2014
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242014000300013
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spelling oai:scielo:S0718-272420140003000132014-12-15Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking SolutionsOchoa-Giraldo,Sara MarcelaGurusamy,GopiKannanGonzalez-Perez,Maria Alejandra internationalization software firms colombia internationalization of services The internationalization phenomenon can be described as the set of processes which helps identifying, entering, establishing and expanding to international markets. Depending on the company and its industry, different internationalization processes might be entertained. This study analyzes the entry modes and market selection strategies followed by Sophos Banking Solutions, a Colombian software company, and also identifies the influencing factors determining their internationalization process. By exploring the existing theories on internationalization and comparing them with the firm's strategy for internationalization, the study identifies whether the firm used the same or different strategy to enter different international markets. The paper also identifies how variables such as managerial influence and network relationships determine the firm's internationalization process. The results illustrate that multiple internationalization theories can be related to the different strategies being followed, but after analyzing the different strategies, we concluded that the firm's internationalization process could be better understood using LLL model.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.9 n.3 20142014-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242014000300013en10.4067/S0718-27242014000300013
institution Scielo Chile
collection Scielo Chile
language English
topic internationalization
software firms
colombia
internationalization of services
spellingShingle internationalization
software firms
colombia
internationalization of services
Ochoa-Giraldo,Sara Marcela
Gurusamy,GopiKannan
Gonzalez-Perez,Maria Alejandra
Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking Solutions
description The internationalization phenomenon can be described as the set of processes which helps identifying, entering, establishing and expanding to international markets. Depending on the company and its industry, different internationalization processes might be entertained. This study analyzes the entry modes and market selection strategies followed by Sophos Banking Solutions, a Colombian software company, and also identifies the influencing factors determining their internationalization process. By exploring the existing theories on internationalization and comparing them with the firm's strategy for internationalization, the study identifies whether the firm used the same or different strategy to enter different international markets. The paper also identifies how variables such as managerial influence and network relationships determine the firm's internationalization process. The results illustrate that multiple internationalization theories can be related to the different strategies being followed, but after analyzing the different strategies, we concluded that the firm's internationalization process could be better understood using LLL model.
author Ochoa-Giraldo,Sara Marcela
Gurusamy,GopiKannan
Gonzalez-Perez,Maria Alejandra
author_facet Ochoa-Giraldo,Sara Marcela
Gurusamy,GopiKannan
Gonzalez-Perez,Maria Alejandra
author_sort Ochoa-Giraldo,Sara Marcela
title Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking Solutions
title_short Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking Solutions
title_full Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking Solutions
title_fullStr Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking Solutions
title_full_unstemmed Internationalization of a Software Firm in Colombia: Case Study-Sophos Banking Solutions
title_sort internationalization of a software firm in colombia: case study-sophos banking solutions
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2014
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242014000300013
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AT gurusamygopikannan internationalizationofasoftwarefirmincolombiacasestudysophosbankingsolutions
AT gonzalezperezmariaalejandra internationalizationofasoftwarefirmincolombiacasestudysophosbankingsolutions
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