Risk Management in Born Globals: the Case of Brazilian Craft Breweries

This work analyzes how risk management occurs in the internationalization process of Brazilian born global companies. Accordingly, we adopted the qualitative research approach, used a multiple case study strategy, and selected seven relevant craft breweries with national prominence. The findings hig...

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Main Authors: Fabricio Stocker, Gustavo Abib
Format: Article
Language:English
Published: FUCAPE Business School 2019-01-01
Series:BBR: Brazilian Business Review
Subjects:
Online Access:http://www.redalyc.org/articulo.oa?id=123062260003
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author Fabricio Stocker
Gustavo Abib
author_facet Fabricio Stocker
Gustavo Abib
author_sort Fabricio Stocker
collection DOAJ
description This work analyzes how risk management occurs in the internationalization process of Brazilian born global companies. Accordingly, we adopted the qualitative research approach, used a multiple case study strategy, and selected seven relevant craft breweries with national prominence. The findings highlight how risks are perceived in the internationalization process by managers and classified among commercial, intercultural, monetary and country risks. We also identified that these enterprises use different actions to mitigate risks, such as planning, market research, and building scenarios. The contributions discussed in this study are the identification of factors such as the international background of managers and the use of networks to minimize the perception of risk. Additionally, we discussed the ways in which risks are perceived and how the different mitigation strategies work. Finally, we proposed an integrated risk management model for the internationalization of born globals.
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institution Kabale University
issn 1807-734X
language English
publishDate 2019-01-01
publisher FUCAPE Business School
record_format Article
series BBR: Brazilian Business Review
spelling doaj-art-3d8c656e794f40f7ac39bba96e5df3932025-02-06T23:39:32ZengFUCAPE Business SchoolBBR: Brazilian Business Review1807-734X2019-01-0116433434910.15728/bbr.2019.16.4.2Risk Management in Born Globals: the Case of Brazilian Craft BreweriesFabricio StockerGustavo AbibThis work analyzes how risk management occurs in the internationalization process of Brazilian born global companies. Accordingly, we adopted the qualitative research approach, used a multiple case study strategy, and selected seven relevant craft breweries with national prominence. The findings highlight how risks are perceived in the internationalization process by managers and classified among commercial, intercultural, monetary and country risks. We also identified that these enterprises use different actions to mitigate risks, such as planning, market research, and building scenarios. The contributions discussed in this study are the identification of factors such as the international background of managers and the use of networks to minimize the perception of risk. Additionally, we discussed the ways in which risks are perceived and how the different mitigation strategies work. Finally, we proposed an integrated risk management model for the internationalization of born globals.http://www.redalyc.org/articulo.oa?id=123062260003risk perceptionnew venturesinternationalizationborn globalcraft breweries
spellingShingle Fabricio Stocker
Gustavo Abib
Risk Management in Born Globals: the Case of Brazilian Craft Breweries
BBR: Brazilian Business Review
risk perception
new ventures
internationalization
born global
craft breweries
title Risk Management in Born Globals: the Case of Brazilian Craft Breweries
title_full Risk Management in Born Globals: the Case of Brazilian Craft Breweries
title_fullStr Risk Management in Born Globals: the Case of Brazilian Craft Breweries
title_full_unstemmed Risk Management in Born Globals: the Case of Brazilian Craft Breweries
title_short Risk Management in Born Globals: the Case of Brazilian Craft Breweries
title_sort risk management in born globals the case of brazilian craft breweries
topic risk perception
new ventures
internationalization
born global
craft breweries
url http://www.redalyc.org/articulo.oa?id=123062260003
work_keys_str_mv AT fabriciostocker riskmanagementinbornglobalsthecaseofbraziliancraftbreweries
AT gustavoabib riskmanagementinbornglobalsthecaseofbraziliancraftbreweries