Domestic competitor influence on internationalizing SMEs as an industry evolves

Denis Odlin

Journal of World Business, 2019, vol. 54, issue 2, 119-136

Abstract: Taking an industry-level perspective of how SME internationalization is shaped by interaction with domestic competitors, and by researching the whole population of internationalizing firms in the same industry segment in the same country over time, the paper uses industry evolution and reference competitor theories to explain SME internationalization as a response to changing market and industry context. Three competitive patterns are predicted, and examined empirically, for SMEs internationalizing in the emergence, growth and consolidation stages of an industry’s evolution. Pioneering internationalizing SMEs act as reference competitors for firms subsequently entering the industry, thereby influencing the industry evolution domestically and globally.

Keywords: SME; Small firms; Internationalization; Competitors; Competitive context; Industry evolution (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:54:y:2019:i:2:p:119-136

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DOI: 10.1016/j.jwb.2018.12.003

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