SME internationalization and performance: Growth vs. profitability

Journal of International Entrepreneurship

Volumn 4, Issue 1, 2006, Pages 27-48

  Lu, Jane W ^a   Beamish, Paul W ^b  

^a SINGAPORE MANAGEMENT UNIVERSITY   (Singapore)

^b UNIVERSITY OF WESTERN ONTARIO   (Canada)

Author keywords

Exporting; FDI; International; Japan; SME; Strategy

Indexed keywords

EID: 37849187268     PISSN: 15707385     EISSN: 15737349     Source Type: Journal    
DOI: 10.1007/s10843-006-8000-7     Document Type: Article

References (52)

1. Autio E, Sapienza HJ, Almeida JG (2000) Effects of age at entry, knowledge intensity, and imitability on international growth. Acad Manag J 43(5):909-924
2. Baird IS, Lyles MA, Orris JB (1994) The choice of international strategies by small businesses. J Small Bus Manag 32(1):48-60
3. Barkema HG, Vermeulen F (1998) International expansion through start-up or acquisition: A learning perspective. Acad Manag J 41:7-26
4. Barringer BR, Greening DW (1998) Small business growth through internationalization: A comparative case study. J Bus Vent 13:467-492
5. Beamish PW (1999) The role of alliances in international entrepreneurship. In: Wright R. (ed.) Research in global strategic management. Greenwich: JAI Press, Vol. 7, pp. 43-61
6. Beamish PW, Delios A, Lecraw DJ (1997) Japanese multinationals in the global economy. Basingstoke, U.K.: Edward Elgar Publishing Limited
7. Coviello NE, McAuley A (1999) Internationalization and the smaller firm: A review of contemporary empirical research. Manag Int Rev 39(3):223-256
8. Covin JG, Slevin DP (1991) A conceptual model of entrepreneurship as firm behavior. Entrepr Theory and Practice 16:7-24
9. Dana LP, Etemad H, Wright RW (1999) The impact of globalization on SMEs. Glob Focus 11(4):93-105
10. Delios A, Beamish PW (1999) Geographic scope, product diversification and the corporate performance of Japanese firms. Strat Manag J 20(8):711-727
11. Delios A, Beamish PW (2000) Multinationality and performance in Japanese firms. In Tse D, Lau CM, Law K, Wong CS (eds.) Asian management matters. Englewood Cliff, NJ: Prentice Hall, pp. 61-78
12. Delios A, Beamish PW (2001) Survival and profitability: The roles of experience and intangible assets in foreign subsidiary performance. Acad Manag J 44:1028-1038
13. Dichtl E, Leibold M, Koglmayr H-G, Mieller S (1984) The export decision of small and medium-sized firms: A review. Manag Int Rev 24(2):49-60
14. Erminio F, Rugman AM (1996) A test of internalization theory and internationalization theory: The Upjohn Company. Manag Int Rev 36(3):199-215
15. Geringer JM, Tallman S, Olsen DM (2000) Product and international diversification among Japanese multinational firms. Strat Manag J. 21:51-80
16. Granstrand O, Häkanson L, Sjölander S (1993) Internationalization of R&D - A survey of some recent research. Res Pol 22:413-430
17. Grant RM, Jammine AP, Thomas H (1988) Diversity diversification and profitability among British manufacturing companies, 1972-1984. Acad of Manag J 31:771-801
18. Hannan MT, Freeman JH (1984) Structural inertia and organizational change. Amer Sociol Rev 49:149-164
19. Hennart J-F (1982) A theory of multinational enterprise. Ann Arbor: The University of Michigan Press.
20. Hitt MA, Hoskisson RE, Kim H (1997) International diversification: Effects on innovation and firm performance in product-diversified firms. Acad Manag J 40(4):767-798
21. Hodgetts RM, Kuratko DR (1998) Effective small business management Vol. 6. Fort Worth, TX: Dryden
22. Hymer SH (1976) A study of direct foreign investment. Cambridge, MA: MIT Press
23. Jarillo JC (1989) Entrepreneurship and growth: The strategic use of external resources. J Bus Vent 4:133-147
24. Johanson J, Vahlne J-E (1977) The internationalization process of the firm - A model of knowledge development and increasing market commitments. J Int Bus Stud 8(1):23-32
25. Kmenta J (1986) Elements of econometrics New York: MacMillan
26. Kogut B (1985) Designing global strategies: Comparative and competitive value added chains. Sloan Manag Rev 27:27-38
27. Lu WJ, Beamish PW (2001) The internationalization and performance of SMEs. Strat Manag J 22:565-586
28. McDougall PP, Oviatt BM (1996) New venture internationalization, Strategic change, and performance: A follow-up study. J Bus Vent 11(1):23-40
29. Miesenbock KJ (1988) Small business and exporting: A literature review. Int Small Bus J 6(2):42-61
30. Nunnenkamp P (2004) To what extent can foreign direct investment help achieve international development goals. The World Economy 27(5):657-677
31. Oesterle M-J (1997) Time span until internationalization: Foreign market entry as a built-in mechanism of innovation. Manag Int Rev 37(2):125-149
32. Oviatt BM, McDougall PP (1994) Toward a theory of international new ventures. J Int Bus Stud 25(1):45-61
33. Oviatt BM, McDougall PP (1999) Accelerated internationalization: Why are new and small ventures internationalizing in greater numbers and with increasing speed?' In: Wright R (ed.) Research in global strategic management Stamford. CT: JAI Press
34. Porter ME (1990) The competitive advantage of nations. New York: Free Press
35. Ramaswamy K (1992) Multinationality and performance: A synthesis and redirection. Adv. Int Compar Manag 7:241-267
36. Ramaswamy K (1995) Multinationality, configuration, and performance: A study of MNCs in the U.S. drug and pharmaceutical industry. J Int Manag 1:231-253
37. Ramaswamy K, Kroeck KG, Renforth W (1996) Measuring the degree of internationalization of a firm: A comment. J Int Bus Stud 27(1):167-177
38. Root F (1994) Entry strategies for international markets, Vol. 2. Lexington, MA: Lexington Books
39. Roth K (1992) International configuration and coordination archetypes for medium-sized firms in global industries. J Int Bus Stud 23(3):533-549
40. Rugman AM (1982) New theories of the multinational enterprise. New York: St. Martin's Press
41. Shan W, Song J (1997) Foreign direct investment and the sourcing of technological advantage: Evidence from the biotechnology industry. J Int Bus Stud 28(2):267-284
42. Shoham A (1998) Export performance: A conceptualization and empirical assessment. J Int Market 6(3):59-81
43. Shuman JC, Seeger JA (1986) The theory and practice of strategic management in smaller rapid growth companies. Amer J Small Bus 11(1):7-18
44. Stinchcombe AL (1965) Social structure and organizations. In: March J (ed.) Handbook of organizations. Chicago: Rand McNally, pp. 142-193
45. Sullivan D (1994) Measuring the degree of internationalization of a firm. J Int Bus Stud 25(2):325-342
46. Sullivan D, Bauerschmidt A (1990) Incremental internationalization: A test of Johanson and Vahlne's thesis. Manag Int Rev 30(1):19-30
47. Tallman S, Li JT (1996) Effects of international diversity and product diversity on the performance of multinational firms. Acad Manag J 39:179-196
48. Toyo Keizai (1999) Japanese investments overseas - By Country. Tokyo: Toyo Keizai Inc
49. Wolff AJ, Pett TL (2000) Internationalization of small firms: An examination of export competitive patterns. Firm size, and export performance. J Small Bus Manag 38(2):34-47
50. Zahra SA, Neubaum DO, Huse M (1997) The effect of the environment on export performance among telecommunications new ventures. Entrepr. Theory and Practice 22(1):25-46
51. Zahra SA, Ireland RD, Hitt MA (2000) International expansion by new venture firms: International diversity, Mode of market entry. Technological learning and performance. Acad Manag J 43(5):925-950
52. Zucker LG (1977) The role of institutionalization in cultural persistence. Amer Sociol Rev 42:726-743