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Rapid Internationalization of SMEs

Evidence from Born Global Firms in Chile

Bibliographic Data

ID11634166
AuthorsChristian A Cancino (0000-0002-8981-0338, University of Chile, corresponding author)
Year2014
Volume24
Issue1Spe
Pages141-151
Publication date2014-02-01
Open AccessYes
TypeARTICLE
VenueInnovar (JOURNAL)
Journal identifiersISSN: 0121-5051 • E-ISSN: 2248-6968
PublisherUniversidad Nacional de Colombia (PUBLISHER • CO)
DOI10.15446/innovar.v24n1spe.47614
OpenAlexW2003334701
LanguageEN
Citations received2
References cited35

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

Business · Economic geography · Economics · Emerging markets · Industrial organization · International trade · Internationalization · Latin Americans · Political science · Family Business Performance and Succession · Finance · Innovation and Knowledge Management · International Business and FDI

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  • International Expansion by New Venture Firms

    Shaker A Zahra, R Duane Ireland et al.•Academy of Management Journal•2000

  • The Mechanism of Internationalisation

    Open Access•Jan Johanson, Jan‐Erik Vahlne•International Marketing Review•1990

Citations per year0.25
Citation span2018 - 2024 (7)
Highly citedNo

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