The internationalization of Latin American enterprises and market liberalization in the Americas: A vital linkage

Barriers and public policies affecting the international expansion of Latin American SMEs: Evidence from Brazil, Colombia, and Peru

“…Nevertheless, most of the research on emerging market firms, in particular, Latin American firms has focused almost exclusively on multinational corporations (MNCs) (Dominguez & Brenes, 1997;Contractor, Kumar, & Kundu, 2007;Luo & Tung, 2007;Lopez, Kundu, & Ciravegna, 2009;Nicholls-Nixon, Castilla, Garcia, & Pesquera, 2011;Vassolo, De Castro, & Gomez-Mejia, 2011;Ciravegna, Lopez, and Kundu, 2013;Ciravegna, Fitzgerald, and Kundu, 2013) and the few works on Latin American SMEs are narrow in focus and cover only a scattered range of areas. These works have studied the development, growth, and mortality of SMEs in a few countries in the region (Carroll & Delacroix, 1982;Swaminathan, 1996), the relations between the context and the entrepreneurial activity (Dana, 1988;Dana, 1997), the factors limiting the activity of small firms in countries like Honduras, Ecuador, and Mexico (Busch, 1989;West, Bamford, & Marsden, 2008;Young & Welsch, 1993;Yu-Way & Zuniga, 1987), or the development of export-related competitive advantages in Argentina, Chile, and Colombia (Milesi, Moori, Robert, & Yoguel, 2007).…”

Individual, organizational and environmental determinants of new firm employment growth: evidence from Latin America

“…Latin America, comprising Mexico and countries from Central and South America, is home to about 540 million people. The region, with an average per capita gross national income of about $3,600, represents one-third of the developing world's economy (Dominguez & Brenes, 1997). According to Kotler, Jatusripitak, and Maesincee (1997), Latin American countries represent a distinct strategic group with shared stories (e.g., import substitution), common problems (e.g., inflation), and same solutions (e.g., foreign debts).…”

Latin America: Environmental and firm-level challenges

“…Dominguez and Brenes (1997) discuss these issues and arrive at similar conclusions. From their perspective, firms that go international first or have strong domestic international competitors are strategically better prepared than firms that do not go international and do not face strong challenges at the home market.…”