Evolution of globalisation and firm internationalisation under crisis conditions - the perspective of Polish exporters amidst the COVID-19 pandemic in 2020-2021

• Authors: Gorynia Marian , Trąpczyński Piotr

Title variants

PL

Ewolucja globalizacji a umiędzynarodowienie przedsiębiorstwa w warunkach kryzysu – perspektywa polskich eksporterów na pandemię COVID-19 w latach 2020–2021

• Languages of publication: EN

Abstracts

EN

The COVID-19 pandemic triggered an economic crisis of a global nature, which – among its many consequences – had a significant impact on international economic activity carried out in various forms. Thus, the processes of globalisation, which on the one hand allow diversification of international activities of the enterprise, at the same time contribute to the transmission of economic shocks. The authors attempt to provide an initial answer to the research question of how Polish firms conducting export activities with various degrees of advancement perceive the impact of the pandemic crisis, as well as their reactions to this crisis. The article presents the results of quantitative research conducted in June 2022 among 120 Polish companies from the manufacturing sector.

PL

Pandemia COVID-19 zapoczątkowała kryzys gospodarczy o charakterze globalnym, który – wśród swoich rozmaitych konsekwencji – znacząco wpłynął na międzynarodową działalność gospodarczą prowadzoną w różnych formach. Tym samym procesy globalizacji, które z jednej strony pozwalają na dywersyfikację międzynarodowych działań przedsiębiorstwa, jednocześnie przyczyniają się do transmisji szoków gospodarczych. Autorzy podejmują próbę odpowiedzi na pytanie badawcze, w jaki sposób polscy przedsiębiorcy prowadzący działalność eksportową o różnym stopniu zaawansowania postrzegają wpływ kryzysu pandemicznego, jak i swoje reakcje na ten kryzys. W artykule przedstawiono wyniki badań ilościowych przeprowadzonych w czerwcu 2022 pośród 120 polskich przedsiębiorstw z sektora przetwórstwa przemysłowego.

Keywords

EN

exporters; COVID-19 pandemic; economic crisis; firm internationalisation; crisis resilience

PL

eksporterzy; pandemia COVID-19; kryzys gospodarczy; umiędzynarodowienie przedsiębiorstw; odporność na kryzys

• Publisher: Wydział Nauk Politycznych i Studiów Międzynarodowych, Uniwersytet Warszawski
• Journal: Przegląd Europejski
• Year: 2022
• Issue: 3(65)
• Pages: 25-40

Dates

published

2022

Contributors

author

Gorynia Marian

• Poznań University of Economics and Business

author

Trąpczyński Piotr

• Poznań University of Economics and Business

References

• ANTONIOLI Davide, BIANCHI Annaflavia, MAZZANTI Massmiliano, MONTRESOR Sandro, PINI Paolo (2011), Economic Crisis, Innovation Strategies and Firm Performance. Evidence from Italian-Firm Level Data, “Quaderno”, vol. 2/2011.
• BECK Ulrich (2009), What is globalization?, Cambridge.
• BENITO Gabriel R.G., WELCH Lawrence S. (1997), De-Internationalization, „Management International Review”, vol. 37.
• BERRILL Jenny, KEARNEY Colm (2011), Has the International Banking and Financial Crisis Damaged Emerging Market MNCs?, “Contemporary Studies in Economic and Financial Analysis”, vol. 93. DOI: 10.1108/S1569-3759(2011)0000093012
• BHAGWATI Jagdish (2007), In defense of globalization, New York.
• BHAGWATI Jagdish, SRINIVASEN Thirukodikaval Nilakanta (2002), Trade and Poverty in the Poor Countries, „American Economic Review”, vol. 92 (2).
• BROJAK-TRZASKOWSKA Małgorzata, PORADA-ROCHOŃ Małgorzata (2012), Zakres i struktura działalności innowacyjnej badanych przedsiębiorstw województwa zachodniopomorskiego w okresie kryzysu gospodarczego, „Współczesne Zarządzanie”, vol. 1.
• BURLITA Augustyna, BURSIAK Leszek, GRZESIUK Aleksandra, LACHOWSKA Anna, MANIAK Grażyna, ŚWIERGIEL E., ZELEK Aneta (2011), Przetrwać dekoniunkturę. Przedsiębiorstwa i gospodarstwa domowe wobec kryzysu, Szczecin.
• CANDELON Bertrand, CARARE Alina, HASSE Jean-Baptiste, LU Jing (2018), Globalization and the New Norm, IMF Working Paper – WP/18/75, International Monetary Fund, Washington D.C.
• CASILLAS José, ACEDO Francisco J. (2013), Speed in the internationalization process of the firm, “International Journal of Management Reviews”, vol. 15, no. 1. DOI: 10.1111/j.1468-2370.2012.00331.x
• CATÃO Luis A.V., OBSTFELD Maurice (eds) (2019), Meeting Globalization’s Challenges. Policies to Make Trade Work for All, Princeton University Press. DOI: 10.2307/j.ctvh1dr13
• CLAESSENS Stijn, KOSE M. Ayhan, TERRONES Marco E. (2010), The global financial crisis: How similar? How different? How costly?, “Journal of Asian Economics”, vol. 21.
• DOLLAR David (2001), Globalization, Inequality and Poverty since 1980, World Bank, Washington D.C.
• GORYNIA Marian (2021), Will COVID-19 Kill Globalization?, in: Marin A. Marinov, Svetla T. Marinova (eds), Covid-19 and International Business. Change of Era, Routledge, London.
• GORYNIA Marian, NOWAK Jan, TRĄPCZYŃSKI Piotr, WOLNIAK Radosław (2022), Globalization in a COVID-19 Afflicted World, “International Business in Times of Crisis”: Tribute Volume to Geoffrey Jones, vol. 16.
• GORYNIA Marian, TRĄPCZYŃSKI Piotr (2022), Strategie polskich eksporterów wobec pandemii koronawirusa – wyniki badań empirycznych, in: Iwona Pawlas, Anna Czech (eds), Podmioty gospodarki światowej wobec pandemii COVID-19, Katowice.
• GRĄDZKI Ryszard, ZAKRZEWSKA-BIELAWSKA Agnieszka (2009), Przyczyny i objawy kryzysu w polskich przedsiębiorstwach, in: J. Bieliński, R. Płoska (eds), Przedsiębiorstwo w warunkach kryzysu, „Prace i Materiały Wydziału Zarządzania Uniwersytetu Gdańskiego”, Gdańsk.
• JANSSON Hans, HILMERSSON Mikael, SANDBERG Susanne (2010), The Impact of the Great Global Recession on the International Competitiveness of SMEs from Southern Sweden, 33 Annual Meeting of SNEE (Swedish Network for European Studies in Economics and Business): European Integration in Swedish Economic Research, Mölle, 2010.
• KOGUT Bruce, KULATILAKA Nalin (2001), Capabilities as real options, “Organization Science”, vol. 12, no. 6. DOI: 10.1287/orsc.12.6.744.10082
• KOTABE Masaaki, SRINIVASAN Srini S., AULAKH Preet S. (2002), Multinationality and firm performance: The moderating role of R&D and marketing capabilities, “Journal of International Business Studies”, vol. 33, no. 1.
• KOWALCZYK Jacek (2012), Drobne firmy sparzyły się na zagranicznych rynkach, „Puls Biznesu”.
• LATHAM Scott F. (2009), Contrasting strategic response to economic recession in start‑up versus established software firms, “Journal of Small Business Management”, vol. 47(2).
• LATHAM Scott F., BRAUN Michael R. (2010), Jilted? The manager’s little book for keeping customers in a recession, “Journal of Business Strategy”, vol. 31.
• LEE Seung-Hyun, BEAMISH Paul W., LEE Ho-Uk, PARK Jong-Hun (2009), Strategic choice during economic crisis: Domestic market position, organizational capabilities and export flexibility, “Journal of World Business”, vol. 44.
• LEGRAIN Philippe (2020), The Coronavirus Is Killing Globalization as We Know It, “Foreign Policy”, 12 March 2020, https://foreignpolicy.com/2020/03/12/coronavirus-killing-globalization-nationalismprotectionism-trump/ (12.03.2020).
• MATYSIAK Lars, BAUSCH Andreas (2012), Antecedents of MNE Performance: Blinded by the Obvious in 35 Years of Literature, “Multinational Business Review”, vol. 20, no. 2.
• MICHOŃ Piotr (2011), Nie taki kryzys straszny? Wpływ recesji gospodarczej na kondycję regionu Wielkopolski, Poznań.
• NEČADOVÁ Marta, BREŇOVÁ Lubomíra (2010), Impact of Economic Crisis on Czech Firms from Managers’ Point of View – The Results of Primary Research, “Economics and Management”, vol. 15.
• OLIVIÉ Iliana, GRACIA SANTOS Manuel (2020), The end of globalisation? A reflection on the effects of the COVID-19 crisis using the Elcano Global Presence Index, “ARI” no. 60/2020, Real Instituto Elcano, 4 May 2020, http://www.realinstitutoelcano.org/wps/portal/rielcano_en/contenido?WCM_GLOBAL_CONTEXT=/elcano/elcano_in/zonas_in/ari60-2020-olivie-gracia-end-of-globalisation-reflection-on-effects-of-covid-19-crisis-using-elcano-global-presence-index (04.05.2020).
• PANTZALIS Christos (2001), Does location matter? An empirical analysis of geographic scope and MNC market valuation, “Journal of International Business Studies”, vol. 32, no. 1.
• ROBERTS Mark J., TYBOUT James R. (1997), The decision to export in Colombia: an empirical model of entry with sunk costs, „American Economic Review”, vol. 87, no. 4.
• SANDBU Martin (2020), The Economics of Belonging: A Radical Plan to Win Back the Left Behind and Achieve Prosperity for All, Princeton University Press.
• SAUVANT Karl P., MASCHEK Wolfgang A., MCALLISTER Geraldine (2010), Foreign Direct Investment by Emerging Multinational Enterprises, the Impact of the Financial Crisis and Recession, and Challenges Ahead, in: Karl P. Sauvant, Geraldine McAllister, Wolfgang A. Maschek (eds), Foreign Direct Investments from Emerging Markets. The Challenges Ahead, Palgrave Macmillan, New York.
• SCHOLLEOVA Hana (2012), The Economic Crisis and Working Capital Management of Companies, “Theoretical and Applied Economics”, vol. XIX (2012), no. 4(569).
• SERIC Adnan, GÖRG Holger, MÖSLE Saskia, WINDISCH Michael (2020), Managing COVID-19: How the pandemic disrupts global value chains, 27 April 2020, “World Economic Forum”, https://www.weforum.org/agenda/2020/04/covid-19-pandemic-disrupts-global-value-chains (27.04.2020).
• SHAMA Avraham (1993), Marketing strategies during recession: a comparison of small and large firms, “Journal of Small Business Management”, vol. 31, no. 3.
• STIGLITZ Joseph E. (2006), Making Globalization Work, New York and London.
• TEECE David J., PISANO Gary, SHUEN Amy (1997), Dynamic capabilities and strategic management, “Strategic Management Journal”, vol. 18.
• TÜREL Ahmet, TÜREL Asli, NEEDLES Belverd E. (2012), Financial Characteristics of High Performance Companies in Turkey: A Comparative Analysis of Stable Economy in the Financial Crisis Era, “Accounting and Management Information Systems”, vol. 11, no. 1.
• VELEZ-CALLE Andres, SANCHEZ-HENRÍQUEZ Fernando, CONTRACTOR Farok (2018), Internationalization and performance: The role of depth and breadth, “Academia Revista Latinoamericana de Administración”, vol. 31, no. 1. DOI: 10.1108/ARLA-04-2017-0125
• WALSH Bryan (2020), The coronavirus is a force for deglobalization, “Axios Future”, 20 May 2020, https://www.axios.com/coronavirus-economic-globalization-744b0660-ce56-4ffa-93e9-cc4c20ee135c.html (20.05.2020).
• WOLF Martin (2020), How Covid-19 will change the world?, “Financial Times”, 16.07.2020.
• WOŁODKIEWICZ-DONIMIRSKI Zdzisław (2010), Kondycja finansowa eksporterów, in: Kryzys finansowy a handel zagraniczny, Warszawa.
• WHO (2020), Health Topics. Globalization, World Health Organization, https://www.who.int/topics/globalization/en/ (10.08.2020).
• WU Lei-Yu (2010), Applicability of the resource-based and dynamic-capability views under environmental volatility, “Journal of Business Research”, vol. 63.
• ZELEK Aneta, MANIAK Grażyna (2011), Polskie MSP wobec dekoniunktury gospodarczej 2007-2010 – studium przedsiębiorstw Pomorza Zachodniego, in: A. Zakrzewska-Bielawska (ed.), Wyzwania rozwojowe małych i średnich przedsiębiorstw. Innowacje, technologie, kryzys, Warszawa.