E. Study 4: Linking Processes and Dynamic Capabilities of International SMEs: The Mediating Effect of International Entrepreneurial Orientation
Internationalization research has highlighted the role of knowledge and learning in the internationalization process of both multinational enterprises and small and medium-sized enterprises (Johanson and Vahlne 1977). Exploring, analyzing and planning international activities can create knowledge and therefore serve as a critical factor in successfully internationalizing firms (Knight and Liesch 2002; McGee and Sawyerr 2003). While this argumentation is theoretically reasonable, empirical studies have shown inconsistent results. Seringhaus (1993) stressed the importance of information for SMEs, whereas Li, Li and Dalgic (2004) showed that SMEs tend to follow an unsystematic decision-making process.
KeywordsPlanning Process Foreign Market Market Orientation Entrepreneurial Orientation Dynamic Capability
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