What types of intangible resources are important for emerging market firms when going international?

Carlos Jardon and Mariia Molodchik

Journal of East European Management Studies, 2017, vol. 22, issue 4, 579-595

Abstract: The paper explores the use of different types of intangible resources on each phase of the process of internationalization in the context of emerging economies. Assuming that companies follow a gradual process, an internationalization index considering export, import and investment activities is built. The index allows identification of six stages of international expansion, using a database of more than 2,000 Russian companies. The findings reveal that relational capital has a significant positive impact on each stage of internationalization, and that organizational capital improves internationalization except in the last, multinational stage. A higher endowment of human capital is positively associated with first three stages of internationalization.

Date: 2017
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DOI: 10.5771/0949-6181-2017-4-579

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