Economics and Business
Quarterly Reviews
ISSN 2775-9237 (Online)
Published: 25 November 2023
Conceptualizing E-commerce Strategy as a Tool for Internationalization Performance
Joy D.M. Alokpo, James M. Kilika
Kenyatta University, Kenya
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10.31014/aior.1992.06.04.544
Pages: 140-159
Keywords: E-commerce Strategy, Firm’s Dynamic Capabilities, Internationalization Performance
Abstract
We are currently living in an extremely volatile business environment emanating from accelerated changes in technology. This condition compels firms’ Top managements to strategically think so as to adapt to such environmental shifts. In consequence, strategies built towards their internationalization goal are essential for their subsistence. They include e-commerce strategies and relevant dynamic capabilities. Being thus enlightened, the study endeavors to conceptualize E-commerce strategy as a tool for Internationalization Performance. However, a stumbling block was identified. It pertained to the lack of clear and exhaustive definitions of the main constructs, and to the scantiness and inadequacy of theories essential to their underpinning. The study also includes a comprehensive conceptual review touching the subjects of E-commerce strategy, Firm’s Dynamic Capabilities, and Internationalization Performance and furthermore included relevant empirical studies. The major constructs were grounded on theories like UTAUT, the theory of flow, the institutional theory, the resourced-based view and the Uppsala model. As a result of this extensive study, a case for a new theoretical framework was presented, designed and thoroughly explained. Future studies should concentrate on offering thorough definitions of e-commerce strategy and internationalization performance. Additionally, it is vital such research be conducted in a variety of contexts.
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