Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]

The internationalization processes of small and medium-sized companies have been extensively studied in the field of international business, however, the effect of marketing strategies on the process of international expansion of these companies has not been studied in detailed. This article aims to...

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Fecha de publicación:
2020
Institución:
Universidad de Medellín
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Repositorio UDEM
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spa
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oai:repository.udem.edu.co:11407/5956
Acceso en línea:
http://hdl.handle.net/11407/5956
Palabra clave:
Colombia
Export performance
Market orientation
Marketing mix adaptation strategy
SMEs
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http://purl.org/coar/access_right/c_16ec
id REPOUDEM2_862d701a369e4337d16dfea6d67e4fb3
oai_identifier_str oai:repository.udem.edu.co:11407/5956
network_acronym_str REPOUDEM2
network_name_str Repositorio UDEM
repository_id_str
dc.title.none.fl_str_mv Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
title Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
spellingShingle Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
Colombia
Export performance
Market orientation
Marketing mix adaptation strategy
SMEs
title_short Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
title_full Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
title_fullStr Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
title_full_unstemmed Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
title_sort Export performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]
dc.subject.spa.fl_str_mv Colombia
Export performance
Market orientation
Marketing mix adaptation strategy
SMEs
topic Colombia
Export performance
Market orientation
Marketing mix adaptation strategy
SMEs
description The internationalization processes of small and medium-sized companies have been extensively studied in the field of international business, however, the effect of marketing strategies on the process of international expansion of these companies has not been studied in detailed. This article aims to analyze the relationship between adaptation and standardization strategies, market orientation and international performance. For this, a quantitative methodology was used, in which 70 Colombian SMEs with international activities were analyzed. The data was processed using bi-varied analyzes in search of relationships between the three variables part of the study. The results indicate that there is no relationship between the adaptation of the market mix and the export performance of Colombian SMEs; which explains how the heterogeneity of the markets, the specific circumstances of the industry and the company related factors can affect the selection and success of an adaptation strategy of the market mix. © 2020, Universidad del Zulia. All rights reserved.
publishDate 2020
dc.date.accessioned.none.fl_str_mv 2021-02-05T14:58:15Z
dc.date.available.none.fl_str_mv 2021-02-05T14:58:15Z
dc.date.none.fl_str_mv 2020
dc.type.eng.fl_str_mv Article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
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http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.driver.none.fl_str_mv info:eu-repo/semantics/article
dc.identifier.issn.none.fl_str_mv 13159984
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/11407/5956
dc.identifier.doi.none.fl_str_mv 10.37960/rvg.v25i91.33174
identifier_str_mv 13159984
10.37960/rvg.v25i91.33174
url http://hdl.handle.net/11407/5956
dc.language.iso.none.fl_str_mv spa
language spa
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dc.relation.citationvolume.none.fl_str_mv 25
dc.relation.citationissue.none.fl_str_mv 91
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dc.relation.references.none.fl_str_mv Almodovar, P., Rugman, A., Testing the revisited Uppsala model: does insidership improve international performance? (2015) International Marketing Review, 32 (6), pp. 686-712. , https://doi.org/10.1108/09574090910954864
Bianchi, C., Glavas, C., Mathews, S., SME international performance in Latin America: The role of entrepreneurial and technological capabilities (2017) Journal of Small Business and Enterprise Development, 24 (1), pp. 176-195. , https://doi.org/10.1108/JSBED-09-2016-0142
Brei, V. A., D’Avila, L., Camargo, L. F., Engels, J., The influence of adaptation and standardization of the marketing mix on performance: A meta-analysis (2011) BAR-Brazilian Administration Review, 8 (3), pp. 266-287. , https://doi.org/10.1590/S180776922011000300004
Bruneckiene, J., Paltanaviciene, D., Measurement of Export Competitiveness of the Baltic States by Composite Index (2012) Inzinerine Ekonomika-Engineering Economics, 23 (1), pp. 50-62. , https://doi.org/10.5755/j01.ee.23.1.1218
Bryman, A., Bell, E., (2011) Business Research method (Third edit), , Oxfors: Oxford University Press
Calantone, R. J., Cavusgil, S. T., Schmidt, J., Shin, G.-C., Internationalization and the dynamics of product adaptation—An empirical investigation (2004) Journal of Product Innovation Management, 21, pp. 185-198. , https://doi.org/10.1111/j.07376782.2004.00069.x
Cateoria, P., Graham, J., Gilly, M., Money, B., (2020) International Marketing, , (18th ed). McGraw-Hill
Cavusgil, S. T., Marketing An Relationship: Investigation of the in Empirical Link Export Market Ventures (1994) Journal of Marketing, 58 (1), pp. 1-21
Chung, H. F. L., Lu Wang, C., Huang, P., A contingency approach to international marketing strategy and decision-making structure among exporting firms (2012) International Marketing Review, 29 (1), pp. 54-87. , https://doi.org/10.1108/02651331211201543
(2016) Perfil y Sofisticación de Empresa Exportadoras Colombiana, , http://confecamaras.org.co/phocadownload/Cuadernos_de_analisis_economico/Cuaderno_de_Anаlisis_Economico_N_10.pdf, Confecámaras
Deshpandé, R., Farley, J. U., Measuring Market Orientation: Generalization and Synthesis (1998) Journal of Market-Focused Management, 2, pp. 213-232
Douglas, S., Wind, Y., The myth of globalization (1987) Columbia Journal of World Business, pp. 19-29. , Winter
Edmondson, A. C., Mcmanus, S. E., Methodological Fit in Management Field Research (2007) The Academy of Management Review, 32 (4), pp. 1155-1179. , https://doi.org/10.5465/AMR.2007.26586086
Engelen, A., Gupta, V., Strenger, L., Brettel, M., Entrepreneurial Orientation, Firm Performance, and the Moderating Role of Transformational Leadership Behaviors (2015) Journal of Management, 41 (4), pp. 1069-1097. , https://doi.org/10.1177/0149206312455244
Escandón, D. M., González-campo, C. H., Factors determining the appearance of ‘born global’ companies: analysis of early internationalisation for SMES in Colombia (2013) Pensamiento y Gestion, 35, pp. 206-223
Felicitas Evangelista, S. A., The entrepreneur in the Born Global firm in Australia and Sweden (2006) Journal of Small Business and Enterprise Development, 13 (4), pp. 642-659. , https://doi.org/10.1108/09564230910978511
Felzensztein, C., Deans, K., Dana, L., Small Firms in Regional Clusters: Local Networks and Internationalization in the Southern Hemisphere (2019) Journal of Small Business Management, 57 (2), pp. 496-516
Gabrielsson, M., Sasi, V., Darling, J., Finance strategies of rapidly-growing Finnish SMEs: Born Internationals and Born Globals (2004) European Business Review, 16 (6), pp. 590-604. , https://doi.org/10.1108/09555340410565413
Ghemawat, P., Distance still matters. The hard reality of global expansion (2011) Harvard Business Review
Griffith, D., Lee, H., Yeo, C., Calantone, R., Marketing process adaptation Antecedent factors and new product performance implications in export markets (2014) International Marketing Review, 31 (3), pp. 308-334. , https://doi.org/10.1108/IMR-06-20130113
Homburg, C., Pflesser, C., A Multiple-Layer Model of MarketOriented Organizational Culture: Measurement Issues and Performance Outcomes (2000) Journal of Marketing Research, 37 (4), pp. 449-462. , https://doi.org/10.1509/jmkr.37.4.449.18786
Hooley, G., Newcomb, J., The Quarterly Review of Marketing (1983) The Quarterly Review of Marketing, 8 (4), pp. 15-22
Jain, S. C., Standardization of International Marketing Strategy: Some Research Hypotheses (1989) Journal of Marketing, 53 (1), pp. 70-79
Jantunen, A., Nummela, N., Puumalainen, K., Saarenketo, S., Strategic orientations of born globals-Do they really matter? (2008) Journal of World Business, 43 (2), pp. 158-170. , https://doi.org/10.1016/j.jwb.2007.11.015
Johanson, J., Vahlne, J.-E., The Internationalization Process of the Firm-A Model of Knowledge Development and Increasing Foreign Market Commitments (1977) Journal of International Business Studies, 8 (1), pp. 23-32
Katsikeas, C. S., Samiee, S., Theodosiou, M., Strategy fit and performance consequences of international marketing standardization (2006) Strategic Management Journal, 27, pp. 867-890. , https://doi.org/10.1002/smj
Kira, H., Jayacgandra, S., Bearden, O, Market Orientation: A Meta-Analytic Review and Assessment of Its Performance (2016) American Marketing Association, 69 (2), pp. 24-41. , A W
Kohli, A. K., Jaworski, B. J., Market Orientation: The Construct, Research Propositions, and Managerial Implications (1990) Journal of Marketing, 54 (2), pp. 1-18. , https://doi.org/10.2307/1251866
Lages, L. F., Abrantes, J. L., Lages, C. R., The stratadapt scale: A measure of marketing strategy adaptation to international business markets (2008) International Marketing Review, 25 (5), pp. 1-6. , https://doi.org/10.1108/EL-01-2014-0022
Lee, Y. K., Kim, S. H., Seo, M. K., Hight, S. K., Market orientation and business performance: Evidence from franchising industry (2015) International Journal of Hospitality Management, 44, pp. 28-37. , https://doi.org/10.1016/j.ijhm.2014.09.008
Lotayif, M., Covering International Marketing Influences on Firm International Performance: Evidences from GCC (2017) International Journal of Business and Management, 12 (8), p. 274. , https://doi.org/10.5539/ijbm.v12n8p274
Martin, S. L., Javalgi, R. R. G., Entrepreneurial orientation, marketing capabilities and performance: The Moderating role of Competitive Intensity on Latin American International New Ventures (2016) Journal of Business Research, 69 (6), pp. 2040-2051. , https://doi.org/10.1016/j.jbusres.2015.10.149
Martins, I., Rialp-Criado, A., Vaillant, Y., Simultaneous effects between innovativeness and export behavior in small firms: Evidence from Spain (2015) Handbook of Research on International Entrepreneurship Strategy: Improving SME Performance Globally, pp. 120-147. , https://doi.org/10.4337/9781783471584.00017
Matiusinaite, A., Sekliuckiene, J., Factors determining early internationalization of entrepreneurial SMEs: Theoretical approach (2015) International Journal of Economic Sciences and Applied Research, 8 (3), pp. 21-32
Mesa, F., Torres, R., Pymes manufactureras exportadoras en Colombia: un análisis de su actividad real (2019) Lecturas de Economía, 90, pp. 127-157. , https://doi.org/10.17533/udea.le.n90a05, (enero-junio 2019)
Monika Alimiene, M., Kuvykaite, R., Standardization/Adaptation of Marketing Solutions in Companies Operating in Foreign Markets: An Integrated Approach (2008) Engineering Economics, 1 (56), pp. 37-47
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dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_16ec
rights_invalid_str_mv http://purl.org/coar/access_right/c_16ec
dc.publisher.none.fl_str_mv Universidad del Zulia
dc.publisher.program.spa.fl_str_mv Negocios Internacionales
dc.publisher.faculty.spa.fl_str_mv Facultad de Ciencias Económicas y Administrativas
publisher.none.fl_str_mv Universidad del Zulia
dc.source.none.fl_str_mv Revista Venezolana de Gerencia
institution Universidad de Medellín
repository.name.fl_str_mv Repositorio Institucional Universidad de Medellin
repository.mail.fl_str_mv repositorio@udem.edu.co
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spelling 20202021-02-05T14:58:15Z2021-02-05T14:58:15Z13159984http://hdl.handle.net/11407/595610.37960/rvg.v25i91.33174The internationalization processes of small and medium-sized companies have been extensively studied in the field of international business, however, the effect of marketing strategies on the process of international expansion of these companies has not been studied in detailed. This article aims to analyze the relationship between adaptation and standardization strategies, market orientation and international performance. For this, a quantitative methodology was used, in which 70 Colombian SMEs with international activities were analyzed. The data was processed using bi-varied analyzes in search of relationships between the three variables part of the study. The results indicate that there is no relationship between the adaptation of the market mix and the export performance of Colombian SMEs; which explains how the heterogeneity of the markets, the specific circumstances of the industry and the company related factors can affect the selection and success of an adaptation strategy of the market mix. © 2020, Universidad del Zulia. All rights reserved.spaUniversidad del ZuliaNegocios InternacionalesFacultad de Ciencias Económicas y Administrativashttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85088989036&doi=10.37960%2frvg.v25i91.33174&partnerID=40&md5=4b4e3b06364f9f9913589adff54d32662591920937Almodovar, P., Rugman, A., Testing the revisited Uppsala model: does insidership improve international performance? (2015) International Marketing Review, 32 (6), pp. 686-712. , https://doi.org/10.1108/09574090910954864Bianchi, C., Glavas, C., Mathews, S., SME international performance in Latin America: The role of entrepreneurial and technological capabilities (2017) Journal of Small Business and Enterprise Development, 24 (1), pp. 176-195. , https://doi.org/10.1108/JSBED-09-2016-0142Brei, V. A., D’Avila, L., Camargo, L. F., Engels, J., The influence of adaptation and standardization of the marketing mix on performance: A meta-analysis (2011) BAR-Brazilian Administration Review, 8 (3), pp. 266-287. , https://doi.org/10.1590/S180776922011000300004Bruneckiene, J., Paltanaviciene, D., Measurement of Export Competitiveness of the Baltic States by Composite Index (2012) Inzinerine Ekonomika-Engineering Economics, 23 (1), pp. 50-62. , https://doi.org/10.5755/j01.ee.23.1.1218Bryman, A., Bell, E., (2011) Business Research method (Third edit), , Oxfors: Oxford University PressCalantone, R. J., Cavusgil, S. T., Schmidt, J., Shin, G.-C., Internationalization and the dynamics of product adaptation—An empirical investigation (2004) Journal of Product Innovation Management, 21, pp. 185-198. , https://doi.org/10.1111/j.07376782.2004.00069.xCateoria, P., Graham, J., Gilly, M., Money, B., (2020) International Marketing, , (18th ed). McGraw-HillCavusgil, S. T., Marketing An Relationship: Investigation of the in Empirical Link Export Market Ventures (1994) Journal of Marketing, 58 (1), pp. 1-21Chung, H. F. L., Lu Wang, C., Huang, P., A contingency approach to international marketing strategy and decision-making structure among exporting firms (2012) International Marketing Review, 29 (1), pp. 54-87. , https://doi.org/10.1108/02651331211201543(2016) Perfil y Sofisticación de Empresa Exportadoras Colombiana, , http://confecamaras.org.co/phocadownload/Cuadernos_de_analisis_economico/Cuaderno_de_Anаlisis_Economico_N_10.pdf, ConfecámarasDeshpandé, R., Farley, J. U., Measuring Market Orientation: Generalization and Synthesis (1998) Journal of Market-Focused Management, 2, pp. 213-232Douglas, S., Wind, Y., The myth of globalization (1987) Columbia Journal of World Business, pp. 19-29. , WinterEdmondson, A. C., Mcmanus, S. E., Methodological Fit in Management Field Research (2007) The Academy of Management Review, 32 (4), pp. 1155-1179. , https://doi.org/10.5465/AMR.2007.26586086Engelen, A., Gupta, V., Strenger, L., Brettel, M., Entrepreneurial Orientation, Firm Performance, and the Moderating Role of Transformational Leadership Behaviors (2015) Journal of Management, 41 (4), pp. 1069-1097. , https://doi.org/10.1177/0149206312455244Escandón, D. M., González-campo, C. H., Factors determining the appearance of ‘born global’ companies: analysis of early internationalisation for SMES in Colombia (2013) Pensamiento y Gestion, 35, pp. 206-223Felicitas Evangelista, S. A., The entrepreneur in the Born Global firm in Australia and Sweden (2006) Journal of Small Business and Enterprise Development, 13 (4), pp. 642-659. , https://doi.org/10.1108/09564230910978511Felzensztein, C., Deans, K., Dana, L., Small Firms in Regional Clusters: Local Networks and Internationalization in the Southern Hemisphere (2019) Journal of Small Business Management, 57 (2), pp. 496-516Gabrielsson, M., Sasi, V., Darling, J., Finance strategies of rapidly-growing Finnish SMEs: Born Internationals and Born Globals (2004) European Business Review, 16 (6), pp. 590-604. , https://doi.org/10.1108/09555340410565413Ghemawat, P., Distance still matters. The hard reality of global expansion (2011) Harvard Business ReviewGriffith, D., Lee, H., Yeo, C., Calantone, R., Marketing process adaptation Antecedent factors and new product performance implications in export markets (2014) International Marketing Review, 31 (3), pp. 308-334. , https://doi.org/10.1108/IMR-06-20130113Homburg, C., Pflesser, C., A Multiple-Layer Model of MarketOriented Organizational Culture: Measurement Issues and Performance Outcomes (2000) Journal of Marketing Research, 37 (4), pp. 449-462. , https://doi.org/10.1509/jmkr.37.4.449.18786Hooley, G., Newcomb, J., The Quarterly Review of Marketing (1983) The Quarterly Review of Marketing, 8 (4), pp. 15-22Jain, S. C., Standardization of International Marketing Strategy: Some Research Hypotheses (1989) Journal of Marketing, 53 (1), pp. 70-79Jantunen, A., Nummela, N., Puumalainen, K., Saarenketo, S., Strategic orientations of born globals-Do they really matter? (2008) Journal of World Business, 43 (2), pp. 158-170. , https://doi.org/10.1016/j.jwb.2007.11.015Johanson, J., Vahlne, J.-E., The Internationalization Process of the Firm-A Model of Knowledge Development and Increasing Foreign Market Commitments (1977) Journal of International Business Studies, 8 (1), pp. 23-32Katsikeas, C. S., Samiee, S., Theodosiou, M., Strategy fit and performance consequences of international marketing standardization (2006) Strategic Management Journal, 27, pp. 867-890. , https://doi.org/10.1002/smjKira, H., Jayacgandra, S., Bearden, O, Market Orientation: A Meta-Analytic Review and Assessment of Its Performance (2016) American Marketing Association, 69 (2), pp. 24-41. , A WKohli, A. K., Jaworski, B. J., Market Orientation: The Construct, Research Propositions, and Managerial Implications (1990) Journal of Marketing, 54 (2), pp. 1-18. , https://doi.org/10.2307/1251866Lages, L. F., Abrantes, J. L., Lages, C. R., The stratadapt scale: A measure of marketing strategy adaptation to international business markets (2008) International Marketing Review, 25 (5), pp. 1-6. , https://doi.org/10.1108/EL-01-2014-0022Lee, Y. K., Kim, S. H., Seo, M. K., Hight, S. K., Market orientation and business performance: Evidence from franchising industry (2015) International Journal of Hospitality Management, 44, pp. 28-37. , https://doi.org/10.1016/j.ijhm.2014.09.008Lotayif, M., Covering International Marketing Influences on Firm International Performance: Evidences from GCC (2017) International Journal of Business and Management, 12 (8), p. 274. , https://doi.org/10.5539/ijbm.v12n8p274Martin, S. L., Javalgi, R. R. G., Entrepreneurial orientation, marketing capabilities and performance: The Moderating role of Competitive Intensity on Latin American International New Ventures (2016) Journal of Business Research, 69 (6), pp. 2040-2051. , https://doi.org/10.1016/j.jbusres.2015.10.149Martins, I., Rialp-Criado, A., Vaillant, Y., Simultaneous effects between innovativeness and export behavior in small firms: Evidence from Spain (2015) Handbook of Research on International Entrepreneurship Strategy: Improving SME Performance Globally, pp. 120-147. , https://doi.org/10.4337/9781783471584.00017Matiusinaite, A., Sekliuckiene, J., Factors determining early internationalization of entrepreneurial SMEs: Theoretical approach (2015) International Journal of Economic Sciences and Applied Research, 8 (3), pp. 21-32Mesa, F., Torres, R., Pymes manufactureras exportadoras en Colombia: un análisis de su actividad real (2019) Lecturas de Economía, 90, pp. 127-157. , https://doi.org/10.17533/udea.le.n90a05, (enero-junio 2019)Monika Alimiene, M., Kuvykaite, R., Standardization/Adaptation of Marketing Solutions in Companies Operating in Foreign Markets: An Integrated Approach (2008) Engineering Economics, 1 (56), pp. 37-47Narver, J. 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R., Osland, G., The EXPERF scale: A cross-national generalized export performance measure (1998) Journal of International Marketing, 6 (3), p. 37Revista Venezolana de GerenciaColombiaExport performanceMarket orientationMarketing mix adaptation strategySMEsExport performance, market orientation and adaptation strategies of small and medium enterprises [Desempeño exportador, orientación al mercado y estrategias de adaptación de pequeñas y medianas empresas]Articleinfo:eu-repo/semantics/articlehttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Parente-Laverde, A.M., Universidad EAFIT, University of Glasgow, Magister en Negocios internacionales, Universidad EAFIT, Negociadora Internacional, Universidad EAFIT, Universidad de Medellín, ColombiaMacias, J.L., Universidad EAFIT, Negociador internacional, Universidad EAFIT, Universidad de Medellín, Colombiahttp://purl.org/coar/access_right/c_16ecParente-Laverde A.M.Macias J.L.11407/5956oai:repository.udem.edu.co:11407/59562021-02-05 09:58:15.257Repositorio Institucional Universidad de Medellinrepositorio@udem.edu.co