Do International Networks and Foreign Market Knowledge Facilitate SME Internationalization? Evidence from the Czech Republic
基于169家捷克中小企业的数据,研究发现CEO的国际网络多样性和强度能提升企业国际化前的国外市场知识,但网络密度与知识无关;国际化前的国外市场知识正向影响首次国际创业绩效。
In this study we draw on the social network and international entrepreneurship literatures to examine the role of structural and relational embeddedness of international networks in firm internationalization. Based on a sample of 169 small– and medium–sized enterprises in the Czech Republic, we found that firms with chief executive officers who had developed strong and diverse international networks exhibited greater knowledge of foreign markets prior to internationalization. However, contrary to our expectations, no relationship was found between network density and such knowledge. In addition, our findings indicate that foreign market knowledge prior to the first international venture had a positive impact on venture performance.