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Internationalization Is More Than Market Entry: The Importance of Business Networks

Published by Gloria Sánchez, Managing Director, Schaeffer International Group GmbH


Internationalization is often discussed in terms of market potential, regulations or cultural differences. However, academic research suggests that business networks, trust and local relationships may be just as important for long-term success.

At Schaeffer International Group GmbH, we frequently observe these challenges in practice when supporting SMEs in their international growth efforts.

In this first edition of Schaeffer Insights, we explore the concept of liability of outsidership introduced by Johanson and Vahlne (2009) and its implications for companies entering foreign markets.

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