Abstract

This study explores the impact of the degree of internationalization (DOI) on the longevity of small- and medium-sized enterprises (SMEs), and the moderating impact of contingent factors, including corporate internal resources and capabilities, and external competitive environments. An analysis of data from listed Korean internationalizing SMEs in the IT industry reveals an inverted U- shaped relationship between DOI and SME longevity. In addition, SME longevity is more likely to peak at the higher DOI when tangible and intangible resources as well as competitive pressures from industry globalization are high. The implications of these findings for research and managerial practices are discussed.

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