Strategic Triangulation in Foreign Market Entry: A Configurational Alignment of Capabilities, Risk, and Market Conditions Under Uncertainty
DOI:
https://doi.org/10.53615/2232-5697.15.285-300Keywords:
Strategic triangulation, foreign market entry, internationalization strategy, configurational alignment, risk governance, knowledge formalizationAbstract
Foreign market entry represents a multidimensional strategic decision requiring the alignment of internal capabilities, external market conditions, risk exposure, and organizational knowledge. Although the literature offers numerous analytical models—ranging from the resource-based view and dynamic capabilities to internationalization theories such as the Uppsala model and growth frameworks including Ansoff’s matrix—these models are often applied in isolation. Such fragmentation may weaken decision quality and strategic coherence.
This study develops and empirically applies an integrated triangulation-based framework for foreign market entry decision-making. The framework combines internal environmental analysis (resources, capabilities, and knowledge management), external market analysis (market attractiveness and institutional risk), and the strategic selection of entry and market positioning models. Methodologically, the research adopts a qualitative case study design, integrating semi-structured managerial interviews, analysis of internal company databases and strategic documents, and secondary market data. The triangulation of data sources and theoretical lenses serves not only to enhance validity but to structure decision-making under uncertainty.
The empirical findings demonstrate that foreign market entry is justified when internal organizational readiness, experiential knowledge, and adaptive capabilities align with moderate external risk and sustainable market potential. The study further shows that incremental entry logic, consistent with the Uppsala model, combined with market development positioning (Ansoff) and an operationalized marketing mix, provides a coherent and risk-adjusted strategic pathway.
The paper contributes by demonstrating how classical strategic and international business frameworks can be integrated into a unified decision architecture. It offers both theoretical implications and a practical roadmap for managers evaluating foreign expansion under uncertainty.
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Copyright (c) 2026 Dalibor Bojović, prof. dr. Tina Vukasović

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