WebOct 1, 2015 · Similar questions have been raised regarding psychic distance, its validity, and its usage in international business. Some scholars have argued that psychic distance is a concept that is past its due date (Stöttinger & Schlegelmilch, 2000) or concluded that it is not a valid concept for small and new ventures (Autio, 2005, Bell et al., 2001). 1.. IntroductionThe concepts of ‘psychic distance’ and its close relative ‘cultural … Kogut and Singh (1988) calculated cultural distance as a difference among a … When a business decision frame is triggered, self-interest concerns … This study proposes a model of the effects of language on knowledge transfer to … Primarily championed by international business and management scholars, … Psychic distance is based on the individual's perception and should be … 1.. IntroductionPsychic distance has received significant attention in … To the international business community, the psychic distance concept was … Understanding the formation of psychic distance perceptions: Are country-level or …
Marketing Aspects of Psychic Distance - Wiley Online …
WebDec 15, 2010 · Psychic distance is defined as the distance between the home market and a foreign market, resulting from the perception of both cultural and business differences. … Webdistance and psychic distance captured "different but overlapping pheno-mena," and that psychic distance included a component of business difficulty, as well as cultural distance. Psychic distance, in their view, is comprised of "6cultural (such as those dimensions defined by Hofstede), structural (such as infrared sauna and arthritis
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WebDec 1, 2000 · This conceptual paper outlines why, when working in the international as opposed to the domestic environment, the success of a relationship marketing strategy is heavily dependent on levels of psychic distance. The higher the level of psychic distance, the greater the time and effort required to develop successful business relationships. At … WebExperience generates business opportunities and constitutes a driving force in the internationalization process. ... In these cases, competitive forces and factors override psychic distance as the principal explanatory factor for the firm’s process of internationalization. Furthermore, if knowledge of transactions can be transferred from … WebMar 30, 2024 · This study aims to investigate the interacting effect of two forms of psychic distance (business and cultural) on export relationship management. Specifically, this … infrared sauna and cancer