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Experience, age and exporting performance in UK SMEs
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Love, James H., Roper, Stephen and Zhou, Ying (2015) Experience, age and exporting performance in UK SMEs. International Business Review, 25 (4). pp. 806-819. ISSN 0969-5931.
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Official URL: http://dx.doi.org/10.1016/j.ibusrev.2015.10.001
Abstract
We consider the determinants of SME exporting performance using a survey of internationally engaged UK SMEs. We first develop a model incorporating organisational and prior managerial learning effects. Our empirical analysis then allows us to identify separately the positive effects on exporting from the international experience of the firm and the negative effects of firm age. Positive exporting effects also result from grafted knowledge – acquired by the recruitment of management with prior international experience. Innovation also has positive exporting effects with more radical new-to-the-industry innovation most strongly linked to inter-regional exports; new-to-the-firm innovation is more strongly linked to intra-regional trade. Early internationalisation is also linked positively to the number of countries to which firms export and the intensity of their export activity. We find no evidence, however, relating early internationalisation to extra-regional exporting, suggesting that early-exporting SMEs tend be ‘born regional’ rather than ‘born global’.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||||
Divisions: | Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management Faculty of Social Sciences > Warwick Business School > Strategy & International Business Faculty of Social Sciences > Warwick Business School |
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Library of Congress Subject Headings (LCSH): | Business logistics, Small business | ||||||||
Journal or Publication Title: | International Business Review | ||||||||
Publisher: | Elsevier | ||||||||
ISSN: | 0969-5931 | ||||||||
Official Date: | 16 October 2015 | ||||||||
Dates: |
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Volume: | 25 | ||||||||
Number: | 4 | ||||||||
Page Range: | pp. 806-819 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||||
Date of first compliant deposit: | 13 January 2016 | ||||||||
Date of first compliant Open Access: | 13 January 2016 | ||||||||
Funder: | Enterprise Research Centre (ERC), Economic and Social Research Council (Great Britain) (ESRC), Great Britain. Department for Business, Innovation and Skills. Enterprise Directorate, Innovate UK, British Bankers' Association, Royal Bank of Scotland Group, HSBC Bank, Barclays bank, Lloyds Banking Group | ||||||||
Grant number: | ES/K006614/1 (ERC) |
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