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Impact of the Global Crisis on the Internationalization of Estonian Firms: A Case Study

In: Emerging Economies and Firms in the Global Crisis

Author

Listed:
  • Tiia Vissak

Abstract

Although it is not possible to predict when economic crises may start and exactly how severe they will be, it is necessary to study their implications as they keep recurring (Caruana et ah, 2000; Grewal et ah, 2007). All firms face the impact of some economic crises, so, although it is not always possible to foresee them, it is important to be prepared (Dubrovski, 2007; Lee and Makhija, 2009) and to develop a clear strategy for dealing with them as companies without the ability to face economic difficulties due to crises may fail more frequently (Beaver and Ross, 2000; Grewal etal, 2007).

Suggested Citation

  • Tiia Vissak, 2013. "Impact of the Global Crisis on the Internationalization of Estonian Firms: A Case Study," Palgrave Macmillan Books, in: Marin A. Marinov & Svetla T. Marinova (ed.), Emerging Economies and Firms in the Global Crisis, chapter 12, pages 292-313, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-27747-3_12
    DOI: 10.1057/9781137277473_12
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    Cited by:

    1. Joel , ISABIRYE, 2021. "Impact Of Economic Crises On Firms: A Literature Review," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 21(3), pages 225-250.

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