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Knowledge augmentation and growth in international SMEs

Naldi, Lucia & Davidsson, Per (2008) Knowledge augmentation and growth in international SMEs. In Robinson, Timothy J., Christensen, Timothy Mark, & Fletcher, Angela Delia (Eds.) 16th Annual Conference on Pacific Basin Finance Economics Accounting Management – Innovation for a Sustainable Future : Visions for 2020, 2 - 4 July 2008, Brisbane, Australia.

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Abstract

Previous research suggests that small and medium sized enterprises (SMEs) can acquire new knowledge when operating and in international markets and, thereby, enrich their limited resource base. In this study, we examine the growth implications of this new knowledge. Building on the internationalization literature, the knowledge based view (KBV) and Penrose’s theory of the growth of the firm we propose that the new knowledge is a malleable resource enhancing different growth outcomes. Our results indicate that the accumulated experiential knowledge in international markets contributes to a firm’s growth advantage in international markets and to further internationalization. In addition, the study shows that it provides the basis for entrepreneurial actions such as venturing into new markets and research new international customers. However, our results also suggest that this new knowledge has no, or very little, effect on SME growth in the domestic market.

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ID Code: 17175
Item Type: Conference Paper
Additional Information: The contents of this paper can be freely accessed online via the conference's web page (see hypertext link).
Keywords: SMEs, Knowledge Based View, Venturing, Entrepreneurship
ISBN: 978-1-74107-242-6
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > International Business (150308)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)
Divisions: Current > Research Centres > Australian Centre for Business Research
Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Current > Schools > School of Management
Copyright Owner: Copyright 2008 [please consult the authors]
Deposited On: 09 Jan 2009 14:12
Last Modified: 29 Feb 2012 23:45

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