期刊
INTERNATIONAL BUSINESS REVIEW
卷 25, 期 4, 页码 806-819出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ibusrev.2015.10.001
关键词
Exporting; SME; International experience; Firm age; Innovation
类别
资金
- Enterprise Research Centre (ERC) [ES/K006614/1]
- Economic and Social Research Council
- Department for Business, Innovation Skills
- Innovate UK
- British Bankers Association
- Royal Bank of Scotland PLC
- HSBC Bank PLC
- Barclays Bank PLC
- Lloyds Bank PLC
- ESRC [ES/K006614/1] Funding Source: UKRI
- Economic and Social Research Council [ES/K006614/1] Funding Source: researchfish
We consider the determinants of SME exporting performance using a survey of internationally engaged UK SMEs. We first develop a model incorporating organisational and prior managerial learning effects. Our empirical analysis then allows us to identify separately the positive effects on exporting from the international experience of the firm and the negative effects of firm age. Positive exporting effects also result from grafted knowledge-acquired by the recruitment of management with prior international experience. Innovation also has positive exporting effects with more radical new-to-the-industry innovation most strongly linked to inter-regional exports; new-to-the-firm innovation is more strongly linked to intra-regional trade. Early internationalisation is also linked positively to the number of countries to which firms export and the intensity of their export activity. We find no evidence, however, relating early internationalisation to extra-regional exporting, suggesting that early-exporting SMEs tend be 'born regional' rather than 'born global'. (C) 2015 The Authors. Published by Elsevier Ltd.
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