Perceived resource deficiency and internationalization of small- and medium-sized firms |
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Authors: | Yu Henry Xie Taewon Suh |
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Institution: | 1. Department of Marketing and Supply Chain Management, School of Business, College of Charleston, 66 George Street, Charleston, SC, 29424, USA 2. Department of Marketing, McCoy College of Business Administration, Texas State University-San Marcos, McCoy Hall 416, 601 University Drive, San Marcos, TX, 78666, USA
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Abstract: | It is documented in the literature that resource deficiency constitutes a barrier to firms’ internationalization. However, small- and medium-sized firms' (SMEs) perceptual barriers to internationalization have received little attention. By highlighting the importance of managerial perceptions in strategic decisions and integrating the resource-based view and the technology acceptance model, this study examines the role of perceived resource deficiency in SMEs’ internationalization. The major finding of this study suggests that perceived resource deficiency in knowledge-based resources constitutes a major perceptual barrier to SMEs’ internationalization. Particularly, perceived resource deficiency in knowledge-based resources has more negative impact on internationalization than does that in other firm-specific resources. |
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