The innovative product development of internationalising SMEs

Emilia Rovira Nordman

International Journal of Learning and Intellectual Capital, 2012, vol. 9, issue 3, 276-294

Abstract: The purpose of this paper is to examine the impact of two kinds of experiential knowledge on the knowledge development and innovative product development (IPD) of internationalising small and medium-sized enterprises (SMEs). From this examination, six hypotheses are generated. The results of a linear structural relations (LISREL) analysis of 188 SMEs show that experiential knowledge - in the shape of relationship knowledge and network knowledge - has a direct effect on the knowledge development of internationalising SMEs and their foreign customers and an indirect effect on IPD. Resource-constrained SMEs, thus, use experiential knowledge acquired from foreign business relationships as a means to enable knowledge development, leading to innovative activities like IPD.

Keywords: internationalisation; small and medium-sized enterprises; SMEs; experiential knowledge; innovative products; product development; knowledge development; LISREL; linear structural relations; statistical software; structural equation modelling; statistics; relationship knowledge; network knowledge; foreign customers; resource-constrained companies; constraints; resources; foreign businesses; business relationships; innovative activities; learning; intellectual capital. (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijlica:v:9:y:2012:i:3:p:276-294

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