Enhancing SME Internationalization in a Transition Economy: The role of Internal Factors

Tsvetan Davidkov and Desislava Yordanova

International Journal of Finance, Insurance and Risk Management, 2015, vol. 5, issue 3, 945

Abstract: This study explores the internal factors that may enhance SME internationalization. It contributes to the field of international business by providing hypotheses about organizational and owner-manager’s characteristics which affect SME internationalization. Combining the Resource-Based View and the Upper Echelons Theory the study creates a more complete picture of the effect of organizational and owner-manager’s characteristics on the likelihood of SME internationalization. The proposed hypotheses are tested in a sample of Bulgarian SMEs offering empirical evidence about SME internationalization in a transition context and addressing the call for more research in this context.

Keywords: Internationalization; SMEs; Bulgaria; Organizational factors. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ers:ijfirm:v:5:y:2015:i:3:p:945

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