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Wach, K. (2014). International Strategies of Businesses: Some Evidence from Internationalised Polish Firms (chapter 3) In: A.S. Gubik & K. Wach K. (Eds.), International Entrepreneurship and Corporate Growth  in Visegrad Countries. Miskolc: University of Miskolc (ISBN: 978-3-200-03673-4).

Full text: pdf  (free download)

Abstract

The paper discusses the relation of the size of the firm and its international strategy, especially the EPRG (ethnocentric, polycentric, regiocentric, geocentric) formula as one of the basic strategy typologies. The objective of this paper is to verify whether the size of internationalised firms from Poland plays any role in applying a particular international strategy. The article is based on V4 survey results conducted between October 2013 and February 2014 in different regions of Poland. Although it was a random sample of 190 firms, nevertheless the sampling is not representative. The research hypothesis to be tested states that the use of a geocentric strategy means more intensive internationalisation of firms measured by a higher level transnationality index (TNI). The Kruskal-Wallis one-way analysis of variance leads to significant results, that at least one of four samples (EPRG) is different from the other samples as far the TNI level is concerned. Firms applying the geocentric strategy have the highest median as well as lower and upper quartiles than firms applying the ethnocentric strategy.

Keywords: strategy, strategic management, international strategy, international business, internationalisation, international entrepreneurship

JEL classification: F23, M16, L21, L26

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Czech Republic

Hungary

Poland

Slovakia

Contact:
Dr hab. Krzysztof Wach
Cracow University of Economics
wachk@uek.krakow.pl
www.wach.uek.krakow.pl


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