The internationalisation challenges of Portuguese enterprises Online publication date: Wed, 01-Dec-2021
by Renato Lopes Da Costa; Leandro Pereira; Álvaro Dias; Rui Gonçalves; Ricardo Santos
International Journal of Economics and Business Research (IJEBR), Vol. 23, No. 1, 2022
Abstract: This study aims to point out the internationalisation of Portuguese companies, and their main challenges. The internationalisation strategy for Portuguese companies is critical considering that the local economy is limited and exportations represent a very relevant part of the national GDP. The research was based on 15 interviews with CEOs and managers of Portuguese companies with international activity with the purpose to analyse the most relevant challenges in the internationalised process. The main findings are the importance of geographical and cultural proximity in the selection of foreign markets, the importance of internal and external influences in the choice of how to enter in the markets, the positive relationship between internationalisation and performance, as well as the lack of international expression that Portugal has in the sectors covered in this study.
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