The internationalisation of family SMEs in the Valencian regionthe growing role played by Latin America, 1980- 2018

  1. Javier Vidal Olivares
  2. Candelaria Saiz
  3. Lluís Torró
  4. Juan Zabalza
Revista:
Journal of evolutionary studies in business

ISSN: 2385-7137

Año de publicación: 2020

Volumen: 5

Número: 2

Páginas: 115-149

Tipo: Artículo

DOI: 10.1344/JESB2020.2.J078 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Journal of evolutionary studies in business

Resumen

SME's and family businesses are central elements in Spain's modern economic growth. However, their process of internationalization has been little explored in recent research, particularly when it has been primarily aimed at emerging economies. The article aims to understand and explain the internationalisation process of SME's in the Valencian region in Latin America. Through a set of cases of companies from different sectors (Metal, Machinery, Chemical, Ceramics, Textile, Furniture) it is showed that since 1990, the different Latin American countries have been increasing their presence in the preferential markets of most of the 22 companies studied. The growing role of the region in the investments of Valencian SME's shows the diversification and expansion of destination markets, including geographically not only the traditional European or Arab countries but also those of Latin America. Different reasons underlie this internationalisation: but the enterprises analysed based on a case studies approach showed different models of expansion. The common denominator being that of strategies specifically developed and adapted to the destination country's local environment: from an incremental and gradual expansion.

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