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Heterogeneity in Managerial Strategies and Internationalization of Firms: the case of Italy

Giorgia Giovannetti (), Giorgio Ricchiuti () and Margherita Velucchi ()

Working Papers - Economics from Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa

Abstract: The recent empirical literature on firms’ performance has focused on the multidimensional concept of firms’ managerial strategies. In this paper, we analyze the relationship between firms’ managerial strategies and firms’ performance, accounting for entrepreneur’s specific characteristics, firm’s strategies, organizational capabilities. We also emphasize the role of firms’ internationalization mode. We match and merge three different datasets for Italy, the Capitalia survey, ICE-Reprint and AIDA for the period 2001-2003 and investigate a possible non-linear impact of managerial strategies on firms’ erformance. The specific characteristics of the entrepreneur do not seem to significantly affect firms’ performance, while the mode of internationalization plays a role. We find evidence of some important non linearities when we single out the role of skilled workers and managers in determining firm’s success in highly competitive markets.

Keywords: Managerial Strategies; Internationalization; Panel Analysis; Non-linearities (search for similar items in EconPapers)
JEL-codes: C1 F1 F2 L1 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2010
New Economics Papers: this item is included in nep-cse and nep-sbm
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Journal Article: Heterogeneity in managerial strategies and internationalization of firms: the case of Italy (2013) Downloads
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