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International knowledge and the growth of the firm

Naldi, Lucia & Davidsson, Per (2008) International knowledge and the growth of the firm. In Solomon, George (Ed.) The Questions We Ask : Academy of Management Annual Meeting, 8 - 13 August 2008, Anaheim, California.

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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: 17835
Item Type: Conference Paper
Additional Information: Self-archiving of the author-version is not yet supported by this publisher. For more information, please refer to the conference's website (see hypertext link) or contact the author.
Keywords: Growth, Internationalization
ISSN: 1543-8643
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
Divisions: Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Copyright Owner: Copyright 2008 Academy of Management
Deposited On: 16 Feb 2009 13:53
Last Modified: 11 Aug 2011 02:26

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