Abstract
This article describes the development of an analytical framework of strategic behavior in globalizing markets, based on different strands of literature (internationalization process, strategic groups, intra-industry trade, and global management). The framework consists of a three-by-three matrix with the following dimensions: the global structure of the industry (industry globality) and the firm's preparedness for internationalization. In each of the nine resulting cells (“The Nine Strategic Windows”) the author discusses consequences for strategic behavior of the firm. The author makes concrete suggestions on company strategy, varying from “stay at home” to “strengthen your global position.” In order to illustrate the framework, the study of a Norwegian ship equipment manufacturer is briefly discussed.
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