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    題名: Performance Internationalization and Firm-Specific Advantages in a Newly-Industrialized Economy
    作者: 喬友慶;楊國彬;于卓民
    Chiao, Yu-Ching;Yang, Kuo-Pin;Yu, Chwo-Ming Joseph
    關鍵詞: internationalization;firm-specific advantages;SMEs;newly industrialized economies
    日期: 2006-08
    上傳時間: 2008-11-25 10:48:29 (UTC+8)
    摘要: In light of the lack of empirical evidence regarding issues of internationalization as they affect small and medium-sized enterprises (SMEs) from newly-industrialized economies (NIEs), this study aims to expand the applicability of existent internationalization theories. So far, such theories have largely been developed with MNCs from industrialized economies in mind. In examining a 1996 sample of 1,419 Taiwanese SMEs, we found that the relationship between internationalization and performance could be graphically depicted as one of inverted U-shaped curvilinearity, and that a specific level of internationalization corresponded to maximum profitability. Our empirical findings also confirmed a relationship of U-shaped curvilinearity between advertising investment and performance, indicating that a minimum level of investment is required in order for advertising to be effective. Investments in research and development (R&D) were also shown to be positively associated with firm performance. The external validity of our internationalization theories regarding SMEs from NIEs was generally supported, though some modifications allowing for consideration of the particular context of individual SMEs will ultimately become a necessity.
    關聯: Journal of Small Business Economics, 26(5), 475-492
    資料類型: article
    DOI 連結: http://dx.doi.org/10.1007/s11187-005-5604-6
    DOI: 10.1007/s11187-005-5604-6
    顯示於類別:[企業管理學系] 期刊論文

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