IDEAS home Printed from https://ideas.repec.org/a/wsi/gejxxx/v16y2016i04ngej-2015-0037.html
   My bibliography  Save this article

International Market Orientation and International Outcomes

Author

Listed:
  • Diana Escandón-Barbosa

    (Ponticia Universidad Javeriana, calle 18#118#250, Colombia)

  • Miguel Hernandez-Espallardo

    (Murcia University, Murcia, Spain)

  • Augusto Rodriguez

    (Valle University, Colombia)

Abstract

The literature in the field of internationalization has managed to link other areas of knowledge such as marketing to give an explanation to the establishment of strategies to survive in international markets. In this sense, the concept of international market orientation emerges that manages to explain how businesses design a strategy to improve the satisfaction of customer needs in international contexts. The purpose of this article is finding the factors that influence the relationship between the international market orientation and international results. In turn, the directors of export SME´s should be aware that entering international markets prematurely and achieving a significant percentage by volume of international sales does not necessarily guarantee better international performance. They should search for other types of resources or capabilities that permit better possibilities of obtaining competitive advantage in the long-term, such as the adoption of an international market orientation, which makes it possible to evaluate and analyze the internal and external factors present in a company’s internal dynamics. To achieve this objective is taken as the unit of analysis Colombian exporters companies through a sample of 319 surveys and that are processed in a hierarchical regression analysis. The main findings confirm that adopt a strategy of international orientation relative to other strategies such as innovative and entrepreneurial orientation does have positive effects on the internationalization of companies. However, this strategy has a tendency to saturation and therefore can generate negative effects on the international results.

Suggested Citation

  • Diana Escandón-Barbosa & Miguel Hernandez-Espallardo & Augusto Rodriguez, 2016. "International Market Orientation and International Outcomes," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 16(4), pages 669-696, December.
  • Handle: RePEc:wsi:gejxxx:v:16:y:2016:i:04:n:gej-2015-0037
    DOI: 10.1515/GEJ-2015-0037
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/abs/10.1515/GEJ-2015-0037
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1515/GEJ-2015-0037?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:gejxxx:v:16:y:2016:i:04:n:gej-2015-0037. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: https://www.worldscientific.com/worldscinet/gej .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.