Abstract
ABSTRACT Purpose: This article investigates and classifies firm resources for the internationalization of small and medium enterprises (SMEs) from emerging countries. Originality/value: SMEs from emerging countries in global markets evidence their more restricted access to resources for internationalization. The mainstream international business literature classifies firm’s resources identified in large companies from developed economies. This research classifies firms’ internationalization resources located in different emerging countries based on a systematic literature review (SLR) and interviews. This paper contributes to the theoretical development about the internationalization of SMEs from emerging countries, indicating the importance of organizational resources in this process. Design/methodology/approach: This paper presents an exploratory research developed in two stages: a SLR on emerging countries and interviews with experts, institutions, and SMEs about the Brazilian context. Bibliographic research and an interview with semi-structured script were adopted as data collection techniques. Interviews were analyzed with NVivo software using content analysis technique and providing categorization of resources. Findings: Up to 2016, 15 works mentioned resources for the internationalization of SMEs from emerging countries and seven were done in Asia. We identified 72 resources in ten emerging countries. Organizational resources predominate. The use of financial resources in Brazil contradicts the trend in other emerging countries. More tangible resources seem less strategic for SMEs’ internationalization from emerging countries when compared to more intangible resources, as organizational ones.
Highlights
The resource-based approach is fundamental in the management literature and has been applied to the analysis of companies growth (Nason & Wiklund, 2018) and, to their internationalization (c, Autio, Gelbu- da, & Šarapovas, 2015; Acikdilli, Mintu-Wimsatt, Kara, & Spillan, 2020)
This research classifies firms’ internationalization resources located in different emerging countries based on a systematic literature review (SLR) and interviews
This paper contributes to the theoretical development about the internationalization of Small and medium enterprises (SMEs) from emerging countries, indicating the importance of organizational resources in this process
Summary
The resource-based approach is fundamental in the management literature and has been applied to the analysis of companies growth (Nason & Wiklund, 2018) and, to their internationalization (c , Autio, Gelbu- da, & Šarapovas, 2015; Acikdilli, Mintu-Wimsatt, Kara, & Spillan, 2020). In this perspective, resources are essential to create and sustain competitive advantage in global markets and guide business strategies (Nanda, 1996). Small and medium enterprises (SMEs) are relevant for the economic growth of emerging countries; they take longer to internationalize when compared to firms from more economically developed countries (Chandra et al, 2020)
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