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Network evolution and cultivation patterns during the internationalization process: case analyses from Korean SMEs

So Won Jeong (), Byoungho Jin (), Jae-Eun Chung () and Heesoon Yang ()
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So Won Jeong: Sangmyung University
Byoungho Jin: The University of North Carolina at Greensboro (UNCG)
Jae-Eun Chung: Sungkyunkwan University
Heesoon Yang: Sungkyunkwan University

Asian Business & Management, 2017, vol. 16, issue 4, 323-351

Abstract: Abstract Integrating network and institutional perspectives, we explore patterns of network development and cultivation in SMEs during the internationalization process. Case analysis of thirteen Korean SMEs from the consumer-goods sector reveals that the firms extensively utilize strong and weak networks, in both social and business categories, at each phase of internationalization, albeit in different ways. Weak business networks over the process of internationalization may be maintained, grow stronger, or evolve into social networks, influenced by country-specific institutional contexts. The findings provide evidence of change in network type and strength, conferring an evolutionary perspective on network development.

Keywords: Korean SMEs; Network dynamics; Social network; Business network; Network strength (search for similar items in EconPapers)
Date: 2017
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