Internationalisation speed and technological patterns: A panel data study on Spanish SMEs |
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| Authors: | Encarnación Ramos Francisco J. Acedo Ma Rosario Gonzalez |
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| Affiliation: | 1. Management Department, Quinlan School of Business, Loyola University Chicago, 820 N. Michigan Avenue, Chicago, IL 60611, United States;2. Department of Management, College of Business Administration, Loyola Marymount University, 1 LMU Drive, Los Angeles, CA 90045-2659, United States;1. Loughborough University, School of Business and Economics, Loughborough LE11 3TU, United Kingdom;2. New Design University, Mariazeller Strasse 97a, 3100 St. Pölten, Austria;3. Asia University, 500, Lioufeng Road, Wufeng, Taichung 41354, Taiwan;4. University of Liechtenstein, Fürst-Franz-Josef-Strasse, 9490 Vaduz, Liechtenstein;5. École Supérieure du Commerce Extérieur, ESCE International Business School, 10 Rue Sextius Michel, 75015 Paris, France |
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| Abstract: | The last ten years has seen a proliferation of works attempting to explain why some firms internationalise rapidly, rather than following a sequential process. Many of these works have focused on the role of technology as the driving force behind the phenomenon. Following this argument, this work studies the effect that different technological patterns have on firms' internationalisation speed. In order to observe this effect, a sample of 945 SMEs was used over a 17-year period (1990–2006). By undertaking a micro-level analysis, we explain the possible effect of sectoral technological intensity on internationalisation speed, observing significant differences between technology-intensive and non-intensive sectors, and identify which technological parameters have a greater effect on the acceleration of internationalisation in each of these sectors. |
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