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How can companies boost legitimacy in international markets? A dynamic marketing capabilities approach

Lourdes Rivero-Gutierrez (Facultad de Ciencias de la Economía y de la Empresa, Universidad Rey Juan Carlos, Madrid, Spain)
Pablo Cabanelas (Facultade de Comercio, Universidade de Vigo, Vigo, Spain)
Francisco Diez-Martin (Facultad de Ciencias de la Comunicacion, Universidad Rey Juan Carlos, Madrid, Spain)
Alicia Blanco-Gonzalez (Facultad de Ciencias de la Economía y de la Empresa, Universidad Rey Juan Carlos, Madrid, Spain)

International Marketing Review

ISSN: 0265-1335

Article publication date: 15 August 2023

Issue publication date: 5 March 2024

321

Abstract

Purpose

Foreign markets possess different characteristics to domestic ones; this means that dynamic marketing capabilities (DMCs) should be adjusted. This paper aims to understand how these DMCs enable firms to achieve greater legitimacy in international markets.

Design/methodology/approach

This research uses a qualitative approach based on in-depth interviews in collaboration with an association of exporting firms.

Findings

Findings suggest five areas of DMCs to improve organizational legitimacy overseas: flexibility, relationship management, local market sensitivity, anticipation and exemplariness. Those capabilities should be combined and will play a different role depending on the implementation phase of the external company. Resource allocation and capability development should follow an integrative approach emphasizing proximity, adaptability, alliances, engagement and credibility to reach differentiation in foreign markets.

Originality/value

The originality is mainly focused on the cohabitation and strong synergies between DMCs and legitimacy. This aspect is particularly relevant because legitimized companies have higher levels of survival, which is fundamental in the international venture.

Keywords

Acknowledgements

The authors would like to thank the Spanish Exporters and Investors Club for collaborating in this research. Recognition to the project funding by GPC-ED431B 2022/10 from Xunta de Galicia.

Citation

Rivero-Gutierrez, L., Cabanelas, P., Diez-Martin, F. and Blanco-Gonzalez, A. (2024), "How can companies boost legitimacy in international markets? A dynamic marketing capabilities approach", International Marketing Review, Vol. 41 No. 1, pp. 273-301. https://doi.org/10.1108/IMR-09-2022-0215

Publisher

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Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

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