Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework

As SMEs are internationalising at a faster rate today, theories that can explain SME internationalisation and performance are of extreme importance.At present there is no agreement among scholars on a single theoretical framework on SME internationalisation and performance.The literature suggested t...

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Main Authors: Mudalige, Dharshana, Ismail, Noor Azizi, Dassanayaka, Sarath
Format: Article
Language:English
Published: Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia 2013
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/20684/1/JBMA%203%202013%201%2021.pdf
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author Mudalige, Dharshana
Ismail, Noor Azizi
Dassanayaka, Sarath
author_facet Mudalige, Dharshana
Ismail, Noor Azizi
Dassanayaka, Sarath
author_sort Mudalige, Dharshana
collection UUM
description As SMEs are internationalising at a faster rate today, theories that can explain SME internationalisation and performance are of extreme importance.At present there is no agreement among scholars on a single theoretical framework on SME internationalisation and performance.The literature suggested that contemporary firm performance is not associated with traditional factors.However, firm internationalisation and SME performance seem to be directly associated with unobservable owner and firm factors. However the literature indicated that past research does not conclusively prove the complex impact of owner or firm specific factors on SME internationalisation and performance.To fill this research gap, a conceptual framework that explains the relationship between internationalisation and performance was developed based on internationalisation, entrepreneurship, and organisational learning theories. Owner specific factors and firm specific factors in the conceptual framework are brand orientation, entrepreneurial orientation, and industry context respectively.In addition, this framework expands the scope of study in internationalisation-performance relationship by considering the moderating effect of organisational learning. Five hypotheses were developed to test the relationship between the variables in the conceptual framework.The outcome of this research can enhance the understanding of SME internationalisation process and provide some insights for policy makers, and SME owners and managers.
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spelling uum-206842017-01-18T07:59:27Z https://repo.uum.edu.my/id/eprint/20684/ Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework Mudalige, Dharshana Ismail, Noor Azizi Dassanayaka, Sarath HB Economic Theory As SMEs are internationalising at a faster rate today, theories that can explain SME internationalisation and performance are of extreme importance.At present there is no agreement among scholars on a single theoretical framework on SME internationalisation and performance.The literature suggested that contemporary firm performance is not associated with traditional factors.However, firm internationalisation and SME performance seem to be directly associated with unobservable owner and firm factors. However the literature indicated that past research does not conclusively prove the complex impact of owner or firm specific factors on SME internationalisation and performance.To fill this research gap, a conceptual framework that explains the relationship between internationalisation and performance was developed based on internationalisation, entrepreneurship, and organisational learning theories. Owner specific factors and firm specific factors in the conceptual framework are brand orientation, entrepreneurial orientation, and industry context respectively.In addition, this framework expands the scope of study in internationalisation-performance relationship by considering the moderating effect of organisational learning. Five hypotheses were developed to test the relationship between the variables in the conceptual framework.The outcome of this research can enhance the understanding of SME internationalisation process and provide some insights for policy makers, and SME owners and managers. Institute for Management and Business Research (IMBRe), Universiti Utara Malaysia 2013 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/20684/1/JBMA%203%202013%201%2021.pdf Mudalige, Dharshana and Ismail, Noor Azizi and Dassanayaka, Sarath (2013) Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework. Journal of Business Management and Accounting (JBMA), 3. pp. 1-21. ISSN 2231-9298 http://imbre.uum.edu.my/images/jbmavol3/Owner-Specific-Factors-Firm-Specific-Factors-Internationalisation-and-Performance-of-SMEs-in-Sri-Lanka.pdf
spellingShingle HB Economic Theory
Mudalige, Dharshana
Ismail, Noor Azizi
Dassanayaka, Sarath
Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework
title Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework
title_full Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework
title_fullStr Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework
title_full_unstemmed Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework
title_short Owner specific factors, firm specific factors, internationalisation and performance of SMEs in Sri Lanka: a conceptual framework
title_sort owner specific factors firm specific factors internationalisation and performance of smes in sri lanka a conceptual framework
topic HB Economic Theory
url https://repo.uum.edu.my/id/eprint/20684/1/JBMA%203%202013%201%2021.pdf
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AT ismailnoorazizi ownerspecificfactorsfirmspecificfactorsinternationalisationandperformanceofsmesinsrilankaaconceptualframework
AT dassanayakasarath ownerspecificfactorsfirmspecificfactorsinternationalisationandperformanceofsmesinsrilankaaconceptualframework