ENTREPRENEURIAL ORIENTATION IN SMES: RISK-TAKING TO ENTERING INTERNATIONAL MARKETS

Alessandro Basile ()
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Alessandro Basile: PhD - Business Economics and Management Department of Economics and Business - University of Catania (Italy)

Far East Journal of Psychology and Business, 2012, vol. 7 No 2 Paper 1 May, issue 1, 1-21

Abstract: The paper examines the factors affecting entrepreneurial orientation as risk-taking for the internationalization of SMEs (micro, small and medium-sized enterprises). Specifically, this research extends the literature streams by empirically testing the relationships among entrepreneurial orientation as risk-taking to internationalization using resource based theory. Literature has shown that entrepreneurial behavior is positively related to firms and local resources in many contexts and has potential to offer contributions to internationalization performance. Quantitative survey on 71 Sicilian SMSs reached valuable conclusions for managers, entrepreneurs, policy makers, revealing the importance of local external and managerial internal resources on entrepreneurial orientation to internationalization as drivers of firm’s survival and competitiveness in actual markets crises.

Keywords: Entrepreneurial Orientation; Risk; Entrepreneurship; SMEs. (search for similar items in EconPapers)
JEL-codes: M1 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:fej:articl:v:7b:y:2012:i:1:p:1-21

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