Determinants of Born-Global Firms: Evidence from Nigeria
Moruff Sanjo Oladimeji () and
Benneth Uchenna Eze
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Benneth Uchenna Eze: Department of Business Administration, Faculty of Social & Management Sciences, OlabisiOnabanjo University, Ago – Iwoye, Ogun State, Nigeria
Business & Management Compass, 2017, issue 4, 377-392
Abstract:
Firms’Internationalization is a gradual and incremental process where firms concentrated in their home country and internationalized over a period. This research work has sought to find out the determinants of born-global firms in Nigeria. 121 copies of questionnaires were administered to selected companies in Nigeria, only 102 were returned. Only 64 firms met the criteria for classification as a born-global firm. Logistic regression was employed to analyse the data. The response rate is 84.30%.The result reveals that Enterprise Support Agencies (ESA) network and cultural proximity increase the probability of a Nigeria exporting MSMEs being a born global firm, but the technology level at which the firm does business, does not significantly increase the probability of a Nigeria exporting MSME being a born-global firm. It is recommended that the government should enhance the capacity of the enterprise development agencies as well as create more awareness about its operations.
Keywords: Internationalization; Born-Global; Enterprise Support Agencies (ESA); Cultural Proximity; Technology Level (search for similar items in EconPapers)
JEL-codes: E1 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:journl:y:2017:i:4:p:377-392
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