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All Journal Jurnal Manajemen Indonesia International Journal of Management, Entrepreneurship, Social Science and Humanities (IJMESH)
Eko Agus Prasetio
Institut Teknologi Bandung
Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

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Underlying Internationalization Process Theories for Small and Medium Enterprises (SMEs): A Systematic Literature Review and Classification of Research Streams Evy Rachmawati Chaldun; Gatot Yudoko; Eko Agus Prasetio
Jurnal Manajemen Indonesia Vol 22 No 2 (2022): Jurnal Manajemen Indonesia
Publisher : Fakultas Ekonomi dan Bisnis, Telkom University.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25124/jmi.v22i2.4063

Abstract

Studies on the internationalization process of SMEs have fascinated the attention of researchers around the world. The dynamics in the internationalization process of SMEs have attracted researchers' interest in analyzing the behavior and the factors that influence it with various theoretical approaches to contribute to the development of international business studies. This paper intended to provide an overview of the various theories applied in investigating SMEs' internationalization process. The review was conducted on 100 journal articles between 2013 and 2020. The investigation results show that 17 different theories have been identified in the internationalization process of SMEs and we classified them into five streams. Based on our findings, from those 17 theories, the five primary published theories in order are (1) Uppsala theory, (2) Network theory, (3) Resource-based theory, (4) international entrepreneurship theory, and (5) institutional theory. This study also provides suggestions and implications for future research. Keywords— Internationalization process; Internationalization SME theory; Small and Medium Enterprises (SMEs)
Integrating Systems Thinking and Entrepreneurial Thinking : A Cognitive Perspective in Managing Corporate Turnaround Nengah Rama Gautama; Pri Hermawan; Eko Agus Prasetio
International Journal of Management, Entrepreneurship, Social Science and Humanities Vol. 8 No. 2 (2025): January - June Volume
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/ijmesh.v8i2.3079

Abstract

This study explores the integration of Systems Thinking (ST) and Entrepreneurial Thinking (ET) as complementary cognitive frameworks to develop a comprehensive approach to effective corporate turnaround management. Traditional turnaround strategies often emphasize linear processes, such as retrenchment and restructuring, while overlooking corporate decline and recovery's cognitive dimensions and dynamic nature. By synthesizing insights from various theoretical perspectives—including Resource-Based Theory, Stage Theory, Cognitive-Behavioral Theory, and Political Behavior—this research proposes a cyclical model that recognizes four interconnected stages: Cognitive, Behavioral, Turnaround Outcome, and Learning. This model highlights how managerial cognition shapes strategic choices and implementation effectiveness throughout the turnaround process. Unlike conventional approaches, the framework of this study incorporates cognitive adaptation, feedback loops, and resilience-building elements to enhance organizational recovery and long-term sustainability. The study culminates in developing an Integrated Turnaround Strategy Canvas. This practical tool enables decision-makers to apply cognitive skills in assessing corporate decline, implementing practical recovery actions, and building adaptive capabilities. This research contributes to the turnaround literature by highlighting the importance of cognitive flexibility, holistic thinking, entrepreneurial innovation, and political engagement in navigating organizational crises, moving beyond cost-cutting measures to foster strategic agility and sustainable competitive advantage in volatile business environments.
Co-Authors Evy Rachmawati CH, Evy Gatot Yudoko Nengah Rama Gautama Pri Hermawan