Topic
Internationalization
About: Internationalization is a research topic. Over the lifetime, 18414 publications have been published within this topic receiving 427742 citations. The topic is also known as: internationalisation & Internationalization.
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TL;DR: In this paper, the authors argue that home-based social networks play a mediating role in the relationship between inward and outward internationalization and firm performance in the context of born-global small and medium enterprises (SMEs).
Abstract: This paper offers a social network explanation for the purported relationship between internationalization and firm performance in the context of born-global small and medium enterprises (SMEs). We argue that home-based social networks play a mediating role in the relationship between inward and outward internationalization and firm performance. The mediating mechanism is attributed to three information benefits of social networks: (1) knowledge of foreign market opportunities; (2) advice and experiential learning; and (3) referral trust and solidarity. Using survey data from SMEs in the largest emerging economy of China, we found some support for this mediating role of social networks in the form of guanxi. The results imply that international business managers should consider social networks as an efficient means of helping internationally oriented SMEs to go international more rapidly and profitably.
801 citations
TL;DR: In this article, the authors present a conceptual model of born global firm internationalization, and conjecture that a set of dynamic capabilities that are built and nurtured by internationally-oriented entrepreneurial founders enable these firms to develop cutting-edge knowledge intensive products, paving the way for their accelerated market entry.
777 citations
TL;DR: In this article, a redeveloped theoretical integrative conceptual model of international entrepreneurship is proposed based on four internationalization properties (mode, market, product, and time), internationalization performance, and key antecedents and consequences of the internationalization process.
Abstract: Purpose – The purpose of this paper is to understand the similarities and differences in the internationalization of SMEs and MNEs and the specific factors affecting them.Design/methodology/approach – The relevant literature was reviewed particularly in the context of the major theories of internationalization.Findings – The positive and negative aspects of each theoretical approach to internationalization are present to form the basis of a new model of international entrepreneurship.Research limitations/implications – The newly developed conceptual model has not been empirically tested.Originality/value – A redeveloped theoretical integrative conceptual model of international entrepreneurship is proposed based on four internationalization properties (mode, market, product, and time), internationalization performance, and key antecedents and consequences of the internationalization process.
771 citations
TL;DR: In this paper, an exploratory study examines the individual and interactive effects of family ownership and involvement on subsequent internationalization of a firm's operations and finds that family involvement and involvement in the firm as well as the interaction of this ownership with family involvement are significantly and positively associated with internationalization.
770 citations
TL;DR: Three key themes for future research on internationalization as a process are suggested, dealing with major omissions and weaknesses identified in the review, are: the study of acquisition processes and internationalization, theStudy of dynamic processes in MNCs, and thestudy of internationalization processes in their outer contexts.
Abstract: This paper critically reviews the field of international business research. The field is characterized by considerable intellectual diversity, where theoretical focus is blurred by the multidisciplinary nature of the field. The review focuses on three themes that help shed light on internationalization as a strategy process; stage models of internationalization, studies of the link between strategy and structure in MNCs, and studies of administrative processes in MNCs and recent organizational models for MNCs. Sequential stages models are too deterministic and stress only early stages of internationalization. Conceptual contributions from research on structures following strategies have a very static character. Research on management processes in MNCs have a questionable empirical base and normative bent. Three key themes for future research on internationalization as a process are suggested. These themes, dealing with major omissions and weaknesses identified in the review, are: the study of acquisition processes and internationalization, the study of dynamic processes in MNCs, and the study of internationalization processes in their outer contexts.
749 citations