A multidimensional perspective of SME internationalization speed: The influence of entrepreneurial characteristics |
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| Authors: | Linda Hsieh John Child Rose Narooz Said Elbanna Joanna Karmowska Svetla Marinova Pushyarag Puthusserry Terence Tsai Yunlu Zhang |
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| Institution: | 1. SOAS University of London, Thornhaugh Street, Russell Square, London WC1H OXG, United Kingdom;2. University of Birmingham, Birmingham Business School, Edgbaston, Birmingham, B15 2TT, United Kingdom;3. University of Glasgow, Adam Smith Business School, West Quadrangle, Glasgow, G12 8QQ, United Kingdom;4. Qatar University, College of Business & Economics, Qatar University, P.O.Box 2713, Doha, Qatar;5. Oxford Brookes University, Oxford Brookes Business School, Headington Campus, Oxford, OX3 0BP, United Kingdom;6. Aalborg University, Department of Business and Management, Fibigerstræde 4, Aalborg East 9220, Denmark;7. Kent Business School, University of Kent, Canterbury, Kent, CT2 7FS, United Kingdom;8. China-Europe International Business School, 699 Hongfeng Road, Pudong, Shanghai 201206, China |
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| Abstract: | This paper contributes to a multidimensional perspective on the speed of SME internationalization. It examines the influence of entrepreneurial characteristics – experience, rationales and innovation strategies – on multiple dimensions of internationalization speed. Findings from a sample of 180 SMEs show that earliness, speed of deepening, and speed of geographic diversification can be viewed as three different strategic alternatives and that each dimension is predicted by a different set of entrepreneurial antecedents. Earliness of internationalization is associated with entrepreneurs’ international business experience and their perception of opportunities abroad as well as preference for an innovation strategy characterized by ambidextrous innovation. Speed of deepening is related to entrepreneurs’ international business experience, their orientation towards differentiation vis-à-vis competitors, and commitment to innovation and a strategy focusing on exploration. These results indicate the importance of distinguishing between different forms of innovation. Speed of geographic diversification is predicted only by entrepreneurs’ orientation towards differentiation vis-à-vis competitors. |
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| Keywords: | Entrepreneurship Internationalization SMEs Earliness Speed of deepening Speed of geographic diversification |
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