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Speed of SME Internationalization and Performance
Halmstad University, School of Business, Engineering and Science, Centre for Innovation, Entrepreneurship and Learning Research (CIEL), Centre for International Marketing and Entrepreneurship Research (CIMER). School of Business and Economics, Linnaeus University, Kalmar, Sweden.ORCID iD: 0000-0003-4925-8937
Department of Social Sciences, Business Administration, Mid Sweden University, Sundsvall, Sweden & Department of Business Studies, Uppsala University, Uppsala, Sweden.
2016 (English)In: Management International Review, ISSN 0025-181X, Vol. 56, no 1, 67-94 p.Article in journal (Refereed) Published
Abstract [en]

This paper studies the performance consequences of the speed of SME internationalization. The authors identify three research gaps: few studies treat speed as an independent variable; most studies analyze speed only until internationalization starts; and, finally, studies have paid little attention to the multidimensionality of the speed concept. The authors seek to address these gaps and to contribute to the literature on the dynamics of internationalization by developing three measures of internationalization speed, which capture its multidimensionality. Building on the theories of learning advantage of newness and time compression diseconomies, the study presents three hypotheses on speed’s effect on performance, and the theoretically derived research model is tested on a sample of 183 SMEs visited on site. The analysis demonstrates that the speed of a firm’s increase in the breadth of its international markets has a positive but curvilinear effect on firm performance. It also demonstrates that the speed of a firm’s increase in commitment of foreign resources has a negative but curvilinear effect on the performance of the firm. These results have implications both for scholars interested in the dynamics of firm internationalization and for SME managers. © Springer-Verlag Berlin Heidelberg 2015

Place, publisher, year, edition, pages
Wiesbaden: Springer Gabler, 2016. Vol. 56, no 1, 67-94 p.
Keyword [en]
Internationalization, SMEs, Speed, Performance
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hh:diva-29796DOI: 10.1007/s11575-015-0257-4ISI: 000368692000003Scopus ID: 2-s2.0-84955647951OAI: oai:DiVA.org:hh-29796DiVA: diva2:872782
Note

Funding: Jan Wallander's and Tom Hedelius' research funds

Available from: 2015-11-20 Created: 2015-11-20 Last updated: 2016-11-28Bibliographically approved

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CiteExportLink to record
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Cite
Citation style
  • apa
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