Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized Enterprises

Nowadays, we are living in a digitally connected global economy that is completely transforming trade in foreign markets and exposing firms, particularly micro, small and medium-sized enterprises (MSMEs), to major changes and new opportunities. As the use of digital technologies is creating more flu...

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Main Authors: Annaële Hervé, Christophe Schmitt, Rico Baldegger
Format: Article
Language:English
Published: Carleton University 2020-04-01
Series:Technology Innovation Management Review
Subjects:
Online Access:https://timreview.ca/timreview.ca/article/1343
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author Annaële Hervé
Christophe Schmitt
Rico Baldegger
author_facet Annaële Hervé
Christophe Schmitt
Rico Baldegger
author_sort Annaële Hervé
collection DOAJ
description Nowadays, we are living in a digitally connected global economy that is completely transforming trade in foreign markets and exposing firms, particularly micro, small and medium-sized enterprises (MSMEs), to major changes and new opportunities. As the use of digital technologies is creating more fluidity and nonlinearity across time and space in entrepreneurial processes, our research adopted a conceptual process to investigate how the digital transformation of MSMEs will support decision-makers in international businesses. Based on a quantitative research design, we demonstrate that the more a company digitalizes its functions, the more it favours entrepreneurial behavior to lead successful strategic decisions in foreign markets. Our results are discussed in detail and we propose several ways to benefit from opportunities arising from the use of digital technologies.
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spelling doaj.art-4c18fba413944a82a18c0937d44967d82022-12-22T01:14:28ZengCarleton UniversityTechnology Innovation Management Review1927-03212020-04-01104517http://doi.org/10.22215/timreview/1343Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized EnterprisesAnnaële Hervé0Christophe Schmitt1Rico Baldegger2 Université de Lorraine Université de Lorraine School of Management Fribourg Nowadays, we are living in a digitally connected global economy that is completely transforming trade in foreign markets and exposing firms, particularly micro, small and medium-sized enterprises (MSMEs), to major changes and new opportunities. As the use of digital technologies is creating more fluidity and nonlinearity across time and space in entrepreneurial processes, our research adopted a conceptual process to investigate how the digital transformation of MSMEs will support decision-makers in international businesses. Based on a quantitative research design, we demonstrate that the more a company digitalizes its functions, the more it favours entrepreneurial behavior to lead successful strategic decisions in foreign markets. Our results are discussed in detail and we propose several ways to benefit from opportunities arising from the use of digital technologies.https://timreview.ca/timreview.ca/article/1343digital entrepreneurshipdigitalizationentrepreneurial orientatoninternational entrepreneurshipmsmes
spellingShingle Annaële Hervé
Christophe Schmitt
Rico Baldegger
Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized Enterprises
Technology Innovation Management Review
digital entrepreneurship
digitalization
entrepreneurial orientaton
international entrepreneurship
msmes
title Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized Enterprises
title_full Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized Enterprises
title_fullStr Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized Enterprises
title_full_unstemmed Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized Enterprises
title_short Digitalization, Entrepreneurial Orientation and Internationalization of Micro-, Small- and Medium-Sized Enterprises
title_sort digitalization entrepreneurial orientation and internationalization of micro small and medium sized enterprises
topic digital entrepreneurship
digitalization
entrepreneurial orientaton
international entrepreneurship
msmes
url https://timreview.ca/timreview.ca/article/1343
work_keys_str_mv AT annaeleherve digitalizationentrepreneurialorientationandinternationalizationofmicrosmallandmediumsizedenterprises
AT christopheschmitt digitalizationentrepreneurialorientationandinternationalizationofmicrosmallandmediumsizedenterprises
AT ricobaldegger digitalizationentrepreneurialorientationandinternationalizationofmicrosmallandmediumsizedenterprises