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

Luis Bustamante

Resultado de la investigación: Capítulo del libro/informe/acta de congresoCapítulo

Resumen

© 2014 by IGI Global. All rights reserved. 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.
Idioma originalInglés estadounidense
Título de la publicación alojadaCross-Cultural Interaction: Concepts, Methodologies, Tools and Applications
Número de páginas19
ISBN (versión digital)9781466649804
DOI
EstadoPublicada - 31 ene 2014

Huella dactilar

Internationalization
Planning
Small and medium-sized enterprises
Cross-cultural management
Cultural influences
Competitive environment
Management styles
Global business
Education
Emerging markets
Case method
Management theory
Business environment
Colombia

Citar esto

Bustamante, L. (2014). The effects of culture on planning and technology in the internationalisation of Medellín's SMEs. En Cross-Cultural Interaction: Concepts, Methodologies, Tools and Applications https://doi.org/10.4018/978-1-4666-4979-8.ch043
Bustamante, Luis. / The effects of culture on planning and technology in the internationalisation of Medellín's SMEs. Cross-Cultural Interaction: Concepts, Methodologies, Tools and Applications. 2014.
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Bustamante, L 2014, The effects of culture on planning and technology in the internationalisation of Medellín's SMEs. En Cross-Cultural Interaction: Concepts, Methodologies, Tools and Applications. https://doi.org/10.4018/978-1-4666-4979-8.ch043

The effects of culture on planning and technology in the internationalisation of Medellín's SMEs. / Bustamante, Luis.

Cross-Cultural Interaction: Concepts, Methodologies, Tools and Applications. 2014.

Resultado de la investigación: Capítulo del libro/informe/acta de congresoCapítulo

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Bustamante L. The effects of culture on planning and technology in the internationalisation of Medellín's SMEs. En Cross-Cultural Interaction: Concepts, Methodologies, Tools and Applications. 2014 https://doi.org/10.4018/978-1-4666-4979-8.ch043