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Book part
Publication date: 14 December 2023

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Fashion and Tourism
Type: Book
ISBN: 978-1-80262-976-7

Open Access
Article
Publication date: 24 December 2021

Simone Guercini and Susan Maria Freeman

The paper addresses the following research question: how do decision-makers use heuristics in their international business (IB) environment? Whereas, the literature has focused on…

1424

Abstract

Purpose

The paper addresses the following research question: how do decision-makers use heuristics in their international business (IB) environment? Whereas, the literature has focused on entrepreneurial companies, here contrasting approaches to learning and using heuristics in international marketing (IM) decisions are examined and discussed.

Design/methodology/approach

The paper aims to address a gap in the study of micro-foundations of internationalization, exploiting research from other disciplinary fields. It combines a multidisciplinary literature review and longitudinal case studies to illustrate different approaches in learning and using heuristics by international marketers.

Findings

International marketers can adopt “closed” heuristics that are consolidated and consistently followed, or “open” heuristics, which are constantly being adapted and learned. Established multinationals learn heuristics in international marketing decision-making, following both “closed” and “open” models.

Originality/value

This paper offers an original contribution by presenting different approaches not yet examined in the literature, focusing on how international marketers make decisions through learning and using heuristic rules. The focus is on established exporters, in contrast to the literature that has largely paid attention to the effectiveness of heuristics in new entrepreneurial firms.

Details

International Marketing Review, vol. 40 no. 3
Type: Research Article
ISSN: 0265-1335

Keywords

Content available
Book part
Publication date: 29 July 2019

Katerina Bodovski

Abstract

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Childhood and Education in the United States and Russia
Type: Book
ISBN: 978-1-78714-779-9

Content available
Book part
Publication date: 18 March 2021

Paul Crawford and Jamie Orion Crawford

Abstract

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Cabin Fever
Type: Book
ISBN: 978-1-80071-355-0

Content available
Article
Publication date: 1 February 2001

42

Abstract

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Library Hi Tech News, vol. 18 no. 2
Type: Research Article
ISSN: 0741-9058

Content available
Article
Publication date: 1 March 2001

38

Abstract

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Library Hi Tech News, vol. 18 no. 3
Type: Research Article
ISSN: 0741-9058

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Article
Publication date: 1 April 2001

47

Abstract

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Library Hi Tech News, vol. 18 no. 4
Type: Research Article
ISSN: 0741-9058

Content available
Book part
Publication date: 10 November 2005

Abstract

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International Health Care Management
Type: Book
ISBN: 978-0-76231-228-3

Content available
Article
Publication date: 12 September 2008

370

Abstract

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Pigment & Resin Technology, vol. 37 no. 5
Type: Research Article
ISSN: 0369-9420

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Book part
Publication date: 30 April 2024

Natalie Wall

Abstract

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Black Expression and White Generosity
Type: Book
ISBN: 978-1-80382-758-2

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