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Language Management Strategies in Austrian and Slovenian SMES

Author

Listed:
  • Igor Riznar

    (University of Primorska, Slovenia)

  • Robert Rybnicek

    (University of Graz, Austria)

Abstract

According to the ELAN study and a substantial body of previous research, a significant amount of business is being lost in the eu due to a lack of language skills. In our article, we analyse how Austrian and Slovenian small and medium-sized enterprises (SMES) adopt language management strategies (LMSS). We investigate, by means of a questionnaire sent to Slovenian and Austrian SMES, how aware they are of the elan findings, what language strategies they have adopted and whether the knowledge of English is sufficient for their successful business operations on global markets. The findings show that Slovenian exporting SMES are not completely aware of the benefits a language management strategy could bring to their business operations on foreign markets. In contrast, Austrian exporting SMES are more likely to provide language training for their staff, employ native speakers, and use local agents for their language needs considerably more often, as well as use the services of professional translators and interpreters almost three times more often.

Suggested Citation

  • Igor Riznar & Robert Rybnicek, 2017. "Language Management Strategies in Austrian and Slovenian SMES," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 15(4 (Winter), pages 365-378.
    • Handle: RePEc:mgt:youmgt:v:15:y:2017:i:4:p:365-378
    DOI: 10.26493/1854-6935.15.365-378
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    References listed on IDEAS

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    More about this item

    Keywords

    ELAN study; foreign language skills; language management strategy; SMES;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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