%0 Journal Article %T Understanding Decisions to Internationalize by Small and Medium-sized Firms Located in an Emerging Market %J Management International Review; Vol. 49, No. 5 - 2009 %D 2009 %@ 0938-8249 %U http://hdl.handle.net/10906/78301 %X We examined perceptions differentiating key Colombian decisionmakers in 168 SMEs who decided to either internationalize or remain domestic. An integrative model compares managerial perceptions of competitive, macro-environmental and neo-institutional factors. • Foreign MNEs in the home market significantly differentiated decisions to internationalize, as well as the presence of internationalizing domestic competitors, anticipated product acceptance, and internationalizing suppliers. • The lack of findings for some institutional and macro-environmental factors may reflect important contextual features of the Colombian business environment. © 2009 Gabler-Verlag. %K Empresas internacionales %K International business enterprises %K Mercados emergentes %K Emerging markets %K Toma de decisiones %K Decision making %K Internacionalización %K Internationalization %K Pymes - Colombia %K Economía %K Economics %K Negocios y management %K Business %K Facultad de Ciencias Administrativas y Económicas %K Gestión Organizacional %~ GOEDOC, SUB GOETTINGEN