Where to internationalization: An approach to emerging-economy SMEs using analytic hierarchy process analysis.
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| Authors: | Do, Thi Thu Ha1 (AUTHOR) hadtt@uef.edu.vn |
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| Source: | Journal of International Entrepreneurship. Dec2025, Vol. 23 Issue 4, p852-892. 41p. |
| Subject Terms: | *Small business, *International business enterprises, *Strategic planning, *Globalization, *Multiple criteria decision making, Analytic hierarchy process, Cross-cultural differences, Incentive (Psychology) |
| Abstract (English): | The wave of internationalization has impacted all countries around the world, bringing both new opportunities and challenges not only to multinational companies but also to small- and medium-sized enterprises (SMEs). Choosing a strategic destination for the success of internationalization activities is one of the challenges worth addressing. Based on the springboard perspective, this research aims to provide insights into the criteria that SMEs need to consider to make informed decisions about appropriate internationalization destinations. Accordingly, the compatible range of the springboard perspective is expanded to SMEs in emerging economies. By applying the analytic hierarchy process (AHP) methodology, the study proposes a priority order for criteria that emerging-economy SMEs need to consider in the decision-making process. Accordingly, potential destinations for emerging-economy SMEs' internationalization journey need to be considered based on three key criteria, namely opportunity identification, incentives in the host country, and cultural distance, in order of decreasing priority. In addition, SMEs from Vietnam, a representative emerging economy, also showed a view that developed economies are identified as the most attractive destinations for them. [ABSTRACT FROM AUTHOR] |
| Abstract (French): | Résumé: La vague d'internationalisation a touché tous les pays du monde, apportant à la fois de nouvelles opportunités et de nouveaux défis non seulement aux entreprises multinationales mais aussi aux petites et moyennes entreprises (PME). Le choix d'une destination stratégique pour la réussite des activités d'internationalisation est l'un des défis qui méritent d'être relevés. Basée sur la perspective du tremplin, cette recherche vise à donner un aperçu des critères que les PME doivent prendre en compte pour prendre des décisions éclairées sur les destinations appropriées en matière d'internationalisation. En conséquence, le champ de compatibilité de la perspective du tremplin est élargi aux PME des économies émergentes. En appliquant la méthodologie du processus de hiérarchie analytique (AHP), l'étude propose un ordre de priorité pour les critères que les PME des économies émergentes doivent prendre en compte dans le processus de prise de décision. En conséquence, les destinations potentielles pour le voyage d'internationalisation des PME des économies émergentes doivent être considérées sur la base de trois critères clés, à savoir l'identification des opportunités, les incitations dans le pays d'accueil et la distance culturelle, par ordre de priorité décroissante. En outre, les PME du Viêt Nam, une économie émergente représentative, ont également estimé que les économies développées étaient les destinations les plus attrayantes pour elles. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
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| Abstract: | The wave of internationalization has impacted all countries around the world, bringing both new opportunities and challenges not only to multinational companies but also to small- and medium-sized enterprises (SMEs). Choosing a strategic destination for the success of internationalization activities is one of the challenges worth addressing. Based on the springboard perspective, this research aims to provide insights into the criteria that SMEs need to consider to make informed decisions about appropriate internationalization destinations. Accordingly, the compatible range of the springboard perspective is expanded to SMEs in emerging economies. By applying the analytic hierarchy process (AHP) methodology, the study proposes a priority order for criteria that emerging-economy SMEs need to consider in the decision-making process. Accordingly, potential destinations for emerging-economy SMEs' internationalization journey need to be considered based on three key criteria, namely opportunity identification, incentives in the host country, and cultural distance, in order of decreasing priority. In addition, SMEs from Vietnam, a representative emerging economy, also showed a view that developed economies are identified as the most attractive destinations for them. [ABSTRACT FROM AUTHOR] |
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| ISSN: | 15707385 |
| DOI: | 10.1007/s10843-025-00384-x |
