Impact of dynamic capabilities on the export orientation and export performance of small and medium sized enterprises in emerging markets: A conceptual model

Abstract

Despite the wide acceptance of the performance benefits of intangible assets, like knowledge, skills, expertise and networks on the overall firm performance, very little is known about the real impact of the intangible resources on firms’ export orientation and export performance. This paper provides a conceptual framework for understanding the direct and indirect impact of intangible resources on the export orientation and subsequently exports performance of the small and medium sized enterprises (SMEs). This paper draws on contemporary internationalization theories such as resource based view, and dynamic capabilities perspective with the conventional internationalization theories such as the international stage theory in the background. This paper conceptualizes direct role of dynamic capabilities on a number of firm, and management related components, that have a direct or indirect impact on firms’ export orientation and export performance. This provides a new direction for future scholars and practitioners of the field. Key words: Dynamic capability, export orientation, export performance, small and medium sized enterprises.