Business networks crucial for Estonian chemical firms' success in global markets.
Business networks play a crucial role in helping Estonian chemical industry companies expand internationally. By studying seven Estonian chemical firms, it was found that these networks provide valuable support and information for entering foreign markets. However, firms in dominant positions within the network, like competitors or holding companies, can hinder a company's international growth. Overall, being part of a strong business network can greatly benefit small and medium-sized chemical firms in Estonia looking to go global.