Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile
The literature on born global firms in developed countries has revealed some factors that influence the rapid internationalization of Small and Medium Enterprises (SMEs), such as the technological level of the sector in which the firm participates, psychological and geographical distances from the t...
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| Format: | Article |
| Language: | English |
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Universidad Nacional de Colombia
2014-10-01
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| Series: | Innovar: Revista de Ciencias Administrativas y Sociales |
| Subjects: | |
| Online Access: | http://www.revistas.unal.edu.co/index.php/innovar/article/view/47614 |
| _version_ | 1828805964930744320 |
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| author | Christian A. Cancino |
| author_facet | Christian A. Cancino |
| author_sort | Christian A. Cancino |
| collection | DOAJ |
| description | The literature on born global firms in developed countries has revealed some factors that influence the rapid internationalization of Small and Medium Enterprises (SMEs), such as the technological level of the sector in which the firm participates, psychological and geographical distances from the target markets, and the existence of contact networks. To date, little research has been carried out on this topic for Latin American countries. This paper explores how certain determinants influence Chilean born global firms. A logistic regression model is used to analyze 112 SMEs with regular export activities. The results show that Chilean born global firms are influenced by national and
international contact networks that their founders are able to generate. The psychological distance between Chilean SMEs and developed countries in Asia, North America and Europe also influences the internationalization of Chilean SMEs. The principal characteristic of Chilean born global firms is their lack of participation in highly technological sectors, with these SMEs instead being involved in sectors that actively exploit natural resources. The results of this study permit certain public policy
recommendations to be made that might boost the development of export SMEs. |
| first_indexed | 2024-12-12T08:02:50Z |
| format | Article |
| id | doaj.art-124a0f97cc5f459696a21ba3ec7ab9f2 |
| institution | Directory Open Access Journal |
| issn | 0121-5051 2248-6968 |
| language | English |
| last_indexed | 2024-12-12T08:02:50Z |
| publishDate | 2014-10-01 |
| publisher | Universidad Nacional de Colombia |
| record_format | Article |
| series | Innovar: Revista de Ciencias Administrativas y Sociales |
| spelling | doaj.art-124a0f97cc5f459696a21ba3ec7ab9f22022-12-22T00:32:04ZengUniversidad Nacional de ColombiaInnovar: Revista de Ciencias Administrativas y Sociales0121-50512248-69682014-10-0124Edición Especial 2014.14115110.15446/innovar.v24n1spe.47614Rapid Internationalization of SMEs: Evidence from Born Global Firms in ChileChristian A. Cancino0University of ChileThe literature on born global firms in developed countries has revealed some factors that influence the rapid internationalization of Small and Medium Enterprises (SMEs), such as the technological level of the sector in which the firm participates, psychological and geographical distances from the target markets, and the existence of contact networks. To date, little research has been carried out on this topic for Latin American countries. This paper explores how certain determinants influence Chilean born global firms. A logistic regression model is used to analyze 112 SMEs with regular export activities. The results show that Chilean born global firms are influenced by national and international contact networks that their founders are able to generate. The psychological distance between Chilean SMEs and developed countries in Asia, North America and Europe also influences the internationalization of Chilean SMEs. The principal characteristic of Chilean born global firms is their lack of participation in highly technological sectors, with these SMEs instead being involved in sectors that actively exploit natural resources. The results of this study permit certain public policy recommendations to be made that might boost the development of export SMEs.http://www.revistas.unal.edu.co/index.php/innovar/article/view/47614Born GlobalsNetworksSMEsChile |
| spellingShingle | Christian A. Cancino Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile Innovar: Revista de Ciencias Administrativas y Sociales Born Globals Networks SMEs Chile |
| title | Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile |
| title_full | Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile |
| title_fullStr | Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile |
| title_full_unstemmed | Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile |
| title_short | Rapid Internationalization of SMEs: Evidence from Born Global Firms in Chile |
| title_sort | rapid internationalization of smes evidence from born global firms in chile |
| topic | Born Globals Networks SMEs Chile |
| url | http://www.revistas.unal.edu.co/index.php/innovar/article/view/47614 |
| work_keys_str_mv | AT christianacancino rapidinternationalizationofsmesevidencefrombornglobalfirmsinchile |