Lee Li

TL;DR: It is suggested that innovator position, market awareness, niche operation, and internationalization should have positive impacts on SMTEs' profitability, but the empirical results partially agree with, and partially dissent from, the propositions.

TL;DR: In this paper, the authors examined how regional diversification affects firm performance and found that it has linear and curvilinear effects on firm performance, and that firms of developed countries maximize their performance when they operate across a moderate number of developed regions and a strictly limited number of developing regions.

TL;DR: In this paper, Liability of country foreignness (LCF) and regional foreignness was investigated for the performance of internationalizing firms in Canada and they found that LCF may not necessarily be negatively correlated with intra-regional diversification, but LRF is positively correlated with inter-region diversification.

TL;DR: In this paper, the authors investigate the early internationalization and the performance of small firms in technology-intensive industries using a sample of 278 small US firms in the technology intensive industries, and find that such organizational variables as firm size and international experience have a non-linear, inverted U-shaped relationship with these firms' early internationalisation.

TL;DR: In this article, the authors draw on both these literatures and emphasize that the MNE integration of upstream and downstream strategic considerations to maximize its control of bottleneck assets implies an optimal geographic footprint, typically asymmetric, with a spatial scale that varies dramatically across the different activities of the value chain.