چرایی و چگونگی افزایش SME ها به وسیله جریان بین المللی
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چرایی و چگونگی افزایش SME ها به وسیله جریان بین المللی

عنوان فارسی مقاله: چرایی و چگونگی افزایش SME ها به وسیله جریان بین المللی؟ یک بررسی طولی از رشد منابع مالی و فکری
عنوان انگلیسی مقاله: What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth
مجله/کنفرانس: مجله تجارت جهانی - Journal of World Business
رشته های تحصیلی مرتبط: مدیریت
گرایش های تحصیلی مرتبط: مدیریت کسب و کار، بازاریابی
کلمات کلیدی فارسی: بین المللی کردن، قابلیت پویا، قابلیت فناوری، توانايي ائتلافي، SME، صنعت زیست دارویی
کلمات کلیدی انگلیسی: Internationalization، Dynamic capability، Technological capability، Alliance capability، SME، Biopharmaceutical industry
نوع نگارش مقاله: مقاله پژوهشی (Research Article)
نمایه: Scopus - Master Journal List - JCR
شناسه دیجیتال (DOI): https://doi.org/10.1016/j.jwb.2018.07.001
دانشگاه: Nottingham University Business School China, University of Nottingham Ningbo China, 199 Taikang East Road, Ningbo, Zhejiang, 315100, PR China
ناشر: الزویر - Elsevier
نوع ارائه مقاله: ژورنال
نوع مقاله: ISI
سال انتشار مقاله: 2018
ایمپکت فاکتور: 3/804 در سال 2017
شاخص H_index: 87 در سال 2019
شاخص SJR: 1/722 در سال 2017
شناسه ISSN: 1090-9516
شاخص Quartile (چارک): Q1 در سال 2017
فرمت مقاله انگلیسی: PDF
تعداد صفحات مقاله انگلیسی: 18
وضعیت ترجمه: ترجمه نشده است
قیمت مقاله انگلیسی: رایگان
آیا این مقاله بیس است: بله
کد محصول: E10953
فهرست انگلیسی مطالب

Abstract


1- Introduction


2- Theoretical underpinnings


3- Hypotheses development


4- Methodology


5- Results


6- Discussion


7- Conclusion


References

نمونه متن انگلیسی مقاله

Abstract


This study examines the accumulation of financial and intellectual resources of U.S.-based biopharmaceutical SMEs. We find that internationalized SMEs experience better financial resource growth than domestic market-focused SMEs only in the long run. While international expansion per se does not enable SMEs to accumulate more intellectual resources than via domestic expansion, it exerts a positive impact over time for SMEs with strong alliance capabilities. Moreover, we show that alliance capabilities are more important than in-house technological capabilities for key resource accumulation of internationalized SMEs over time. Our results infer that SMEs gain the benefits of resource exploration via international expansion.


Introduction


International expansion has become an increasingly common strategic option for small and medium-sized enterprises (SMEs), even those based in large domestic markets, despite the conventional belief that they are particularly vulnerable in foreign markets due to their inherent resource constraints (Knight & Cavusgil, 2004; Love & Roper, 2015). Extant literature indicates that SMEs could exploit their limited resources and capabilities such as marketing skills, technological competencies, and partnering capabilities to perform successfully in the international arena (Dhanaraj & Beamish, 2003; Hessels & Parker, 2013; Lu & Beamish, 2001; Sui & Baum, 2014). SMEs could also explore new resources and capabilities such as foreign market-specific knowledge and innovative product development routines to strive for longterm growth (Eriksson, Fjeldstad, & Jonsson, 2017; Zhou & Wu, 2014; Zhou, Barnes, & Lu, 2010). In light of Penrose’s (1959) theory of the growth of the firm (TGF), however, both international business and strategy scholars tend to agree that SMEs’ growth options are constrained in large part due to their small size (Cavusgil & Knight, 2015; Knight & Cavusgil, 2004; Verwaal & Donkers, 2002; Zollo & Winter, 2002). Ideally, SMEs would expand their operations both at home and abroad; in reality, however, SMEs—especially those operating in sizable home markets—tend to be wary of the latter approach due to the anticipated joint liabilities of smallness and foreignness (Kirca et al., 2011) or the potential disruption to internal consistency of their domestic organization resulting from the need to adapt to foreign environments (Lampel & Bhalla, 2011).1 Further, SMEs may try to exploit and explore their resources and capabilities to survive and grow over time. In practice, however, SMEs typically have to focus either on exploitation or exploration within a particular period of time given their limited managerial resources (Zollo & Winter, 2002). The argument above raises two important questions: first, if some SMEs still choose to go international despite the anticipated liabilities of operating in the international arena, what do they gain through international expansion (as opposed to domestic expansion) over time? Second, how do internationalized SMEs gain considering that they are small and tend to face the trade-off between resource exploitation and exploration?

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