The effects of culture on planning and technology in the internationalisation of Medellín's SMEs

Luis Bustamante

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Scopus citations

Abstract

As an emerging market, global business is of greatest importance in Colombia and several efforts are implemented to keep up with the international competitive environment. However, these efforts should be accompanied with the development of entrepreneurial capabilities in a wide range of ambits, among others, cross-cultural management. This chapter describes cultural influences in internationalisation activities of Medellin's small and medium enterprises based on original research results using descriptive multi-case methods within five companies and documentary review of business publications. It starts with an overview of the Colombian SME and cross-cultural management theories; then, the cultural influences on planning and internationalisation are listed, suggesting that systematic plans during internationalisation are not followed and technology tools are not properly seized due to management styles, a changing business environment, and small education levels. © 2013, IGI Global.
Original languageAmerican English
Title of host publicationCultural and Technological Influences on Global Business
Number of pages19
ISBN (Electronic)9781466639669
DOIs
StatePublished - 1 Dec 2013

Product types of Colciencias

  • Chapter in book from research activities

Fingerprint Dive into the research topics of 'The effects of culture on planning and technology in the internationalisation of Medellín's SMEs'. Together they form a unique fingerprint.

Cite this