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Internationalization and alliance formation : evidence from Turkish SMEs
journal contribution
posted on 2009-01-01, 00:00 authored by Mehmet UlubasogluMehmet Ulubasoglu, M Akdis, S KokThis study explores the issue of internationalization through forming alliances with foreign capital in the small business sector in Turkey. Using a sample of 257 SMEs from this emerging market economy, collected via a field study, it finds that Turkish SMEs would like to form alliances with foreign capital for expanding their production capacity and accessing to world markets. Multivariate multinomial logit models are employed to analyse the survey data econometrically. Size-specific, sector-specific and management-specific factors are identified in the alliance motivation. The `market' and `finance' aspects of alliances prevail in the multivariate analysis with significant implications. There is also evidence that some conditional relationships offered by multivariate analysis differ from unconditional associations found in the survey, which implies that alliance motivation is partly a product of multidimensional decision-making process on behalf of SMEs.
History
Journal
International small business journalVolume
27Issue
3Pagination
337 - 361Publisher
Woodcock PublicationsLocation
Wilmslow, EnglandPublisher DOI
ISSN
0266-2426eISSN
1741-2870Language
engPublication classification
C1 Refereed article in a scholarly journalCopyright notice
2009, SAGE PublicationsUsage metrics
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