Internationalization and longevity of Korean SMEs: the moderating role of contingent factors
Jaeyoung Cho () and
Jangwoo Lee ()
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Jaeyoung Cho: Kyungpook National University
Jangwoo Lee: Kyungpook National University
Asian Business & Management, 2018, vol. 17, issue 4, 260-285
Abstract This study examines the effects of the degree of internationalization (DOI) on the longevity of SMEs and the moderating role of tangible and intangible resources and industry globalization. Using a sample of listed Korean SMEs, we identify an inverted U-shaped curvilinear link between DOI and SME longevity. In addition, SME longevity peaks at the higher DOI when tangible and intangible resources and industry globalization are high. The findings support the liabilities of the newness and smallness perspective that an organization’s internal and external contingencies play crucial roles in achieving the optimal DOI for SME longevity.
Keywords: Degree of internationalization; Tangible and intangible resources; Industry globalization; Longevity; Korean SMEs (search for similar items in EconPapers)
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