The development and impact of marketing capabilities in central Europe

John Fahy, Graham Hooley, Tony Cox, Jozsef Beracs, Krzysztof Fonfara, Boris Snoj

Research output: Contribution to journalArticlepeer-review

153 Citations (SciVal)

Abstract

The industrial organisation and evolutionary economics traditions in international business and the resource-based view of the firm in strategic management provide a rich and related set of perspectives on the question of performance in an international environment. This paper draws on these perspectives to examine the nature of marketing capabilities across a range of firm types in Hungary, Poland and Slovenia. A number of key strategic capabilities are examined including market orientation, the time horizon of strategic decision making and positioning capability. The study finds that firms with foreign participation have been able to develop a sophisticated level of marketing capability with a resulting positive impact on financial and market performance. Wholly-owned subsidiaries and international joint ventures emerge as equally effective mechanisms for the transfer of marketing capability. Conclusions are drawn and implications from the research are outlined.

Original languageEnglish
Pages (from-to)63-81
Number of pages19
JournalJournal of International Business Studies
Volume31
Issue number1
DOIs
Publication statusPublished - 1 Mar 2000

Funding

***Tony Cox is Senior Lecturer in Marketing at Aston Business School. *****Joszef Beracs is Professor of Marketing and Chair of the Marketing Department at the Budapest University of Economic Sciences. * * * * *Kryzsztof Fonfara is President of the Wielkopolska Business School. **Boris Snoj is Professor of Marketing at the University of Maribor. The research reported in this paper was funded by the European Union under its ACE94 initiative. The contributions of Professors David Shipley, Krizstina Kolos, Irma Agardi, Marin Marinov, Svetla Marinova, Damjan Mumel, Matjaz Irsic and Vladimir Gabrijan to the wider four country study are gratefully acknowledged.

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