Premium
Early Internationalization by Firms in Transition Economies into Developed Markets: The Role of International Networks
Author(s) -
Musteen Martina,
Datta Deepak K.,
Francis John
Publication year - 2014
Publication title -
global strategy journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.814
H-Index - 24
eISSN - 2042-5805
pISSN - 2042-5791
DOI - 10.1002/gsj.1077
Subject(s) - internationalization , czech , business , manufacturing sector , sample (material) , emerging markets , industrial organization , economic system , international trade , international economics , economics , linguistics , philosophy , chemistry , finance , chromatography
Based on a sample of 104 firms in the Czech manufacturing sector that engaged in internationalization into developed markets, our study examines the relationship between reliance on international networks and early internationalization by Czech manufacturing SMEs . Our findings indicate that while, as expected, reliance on international networks facilitates early internationalization, the relationship is contingent on firms' emphasis on technological innovation and perceived environmental hostility. Implications of our study findings from the standpoint of theory, practice, and future research are discussed.