Moreover, businesses influence factors such as political, cultural, economic, social, and legal. Businesses, however, find themselves in a very intense competition while operating globally. The first phase of internationalization takes its place in the global world through importing and exporting, licensing and franchising, strategic alliances and joint ventures, and foreign direct investment (Bovée & Thill, 2017). Most of the enterprises use one of the five (5) basic international structures. In this context, this paper examines ASELSAN, which is one of the most important institutions of Defense Sector in Turkey and analyzes the reasons of being a participant of JVs and the way of internationalization. Strategic alliances represent a medium that can create scale and scope advantages necessary to be competitive on a global basis (Vaidya, 2011). Due to increased internationalization trends, strategic alliances are gaining importance worldwide for various reasons. Implementation of overseas plans, control and coordination problems.īecause of the widespread use of fast and intensive communication opportunities, the development of new technologies, the increase in free trade across borders, and the intensification of the global competition, businesses are in an internationalization trend in order to expand their markets, increase sales, acquire new resources, diversify in a product or service, and minimize the risk of competition. Methods in terms of the challenges and difficulties encountered in the Similarities to those provided in the literature, ASELSAN has its own unique “increasing the international brand value of Turkey.” In addition to the However, the reason for internationalization is ASELSAN’s internationalization and the reasons for its participation inįoreign countries coincide. AnĮvaluation was made in line with the answers received from the management Reasons of being a participant of JVs and the way of internationalization. Institutions of Defense Sector in Turkey. This paper examines ASELSAN, which is one of the most important The reasons of the companies to make strategic alliances in the internationalĪrena such as joint venture and other formations and the managerial challenges Although JVs provide economic benefits forĬompanies, they face significant challenges. Transferring technology and information, resources and talent pool, andĮxceeding legal limitations. PartnershipĮnterprises benefit from the market experience of their foreign partners, Ventures (JVs) are one of the most common methods to establish partnerships. Tend to internationalize for many reasons and use various methods.
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