文章基本信息

标题：Pre-Internationalization and Performance Conditions of First-Time Exporting SMEs
本地全文：下载
作者：Pierre-Xavier Meschi ; Antonin Ricard ; Ernesto Tapia Moore 等
期刊名称：M@n@gement
印刷版ISSN：1286-4892
出版年度：2021
卷号：24
期号：1
页码：31-43
DOI：10.37725/mgmt.v24i1.4507
语种：English
出版社：D M S P Research Center
摘要：This article aims to determine whether pre-internationalization conditions improve the performance of first-time exporting small and medium-sized enterprises (SMEs). Two pre-internationalization conditions are discussed here: firm performance and age at internationalization. Building on the aspiration-level performance model of March and Shapira (1992) with sequential internationalization and international new-ventures approaches, this article develops two research hypotheses proposing an effective alignment with pre-internationalization performance and age at internationalization. These research hypotheses are examined using a panel database of 522 French SMEs that began export operations for the first time in 2014. The statistical results partially support our first hypothesis by showing that early-internationalizing SMEs with a lower performance relative to their peers significantly increase their post-internationalization performance. Contrary to what we predicted in our second hypothesis, we observe that late-internationalizing SMEs, which deliver a much higher performance than their historical aspirations, significantly reduce their post-internationalization performance.
关键词：Aspiration-level performance model;Early internationalization;First-time exporting SME;Internationalization process;Late internationalization;Social and historical aspirations