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Impact of the Global Crisis on the Internationalization of Estonian Firms: A Case Study

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Emerging Economies and Firms in the Global Crisis

Abstract

Although it is not possible to predict when economic crises may start and exactly how severe they will be, it is necessary to study their implications as they keep recurring (Caruana et ah, 2000; Grewal et ah, 2007). All firms face the impact of some economic crises, so, although it is not always possible to foresee them, it is important to be prepared (Dubrovski, 2007; Lee and Makhija, 2009) and to develop a clear strategy for dealing with them as companies without the ability to face economic difficulties due to crises may fail more frequently (Beaver and Ross, 2000; Grewal etal, 2007).

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Authors
  1. Tiia Vissak
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Editor information

Editors and Affiliations

  1. University of Gloucestershire, Cheltenham, Gloucestershire, UK

    Marin A. Marinov (Professor of International Business and Management) (Professor of International Business and Management)

  2. Aalborg University, Aalborg, Denmark

    Svetla T. Marinova

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© 2013 Tiia Vissak

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Vissak, T. (2013). Impact of the Global Crisis on the Internationalization of Estonian Firms: A Case Study. In: Marinov, M.A., Marinova, S.T. (eds) Emerging Economies and Firms in the Global Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9781137277473_12

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