Research On Internationalization Of Small And Medium-sized Food Companies In Primorsky Krai

This Dissertation is a comprehensive analysis of the results of a study on the impact of national institutional environment factors on the degree of internationalization of SMB food companies in Primorsky Krai.Given the existing shortage of scientific research in the context of institutional factors and international entrepreneurship,this work represents a special contribution to the development of interrelations between the two theories aimed at PK.This paper analyzes the institutional factors and their impact on the process of internationalization of companies SMB food companies in PK.At the center of the study are five key factors of the institutional environment from the basic elements of the institutional environment of PK.Based on the factors studied,hypotheses were formulated about the impact on internationalization of these factors,such as financial instability,licensing,regulatory aspect,political instability and corruption.Based on primary and secondary data,this paper classifies possible sources of influence of institutional factors on internationalization and provides empirical evidence of the data.It is shown that a negative assessment of the factor:financial instability and licensing,as obstacles to the development of business,leads to a reduction in the likelihood of internationalization,while a negative assessment of the regulatory dimension,political instability and corruption leads to an increase in the possibility of internationalization of small and medium-sized businesses.The obtained results are of scientific value in the field of justifying the influence of external conditions on the growth of small and medium-sized companies,caused by the process of internationalization,in PK.The study provides a methodological justification for measuring institutional influence,and empirically proves the relationship between the institutional environment and internationalization in the business environment of the region.The practical value of the results lies in determining the possibilities of using the conditions of the external institutional environment by persons responsible for making decisions in business and politics.