IDEAS home Printed from https://ideas.repec.org/a/ids/ijeima/v22y2018i1-2p80-102.html
   My bibliography  Save this article

Innovation propensity and international development of small and medium firms: the moderating effects of corporate governance structure

Author

Listed:
  • Christian Corsi
  • Antonio Prencipe

Abstract

The paper aims to explore the moderating effects of governance structure on the relationship between innovation propensity and international development of SMEs. Based on agency and organisational learning theories, we hypothesise that ownership concentration, institutional ownership, family-owned firm, and foreign group affiliation have positive moderating effects on the innovation-internationalisation relationship. Using a sample of 2,876 Italian firms, the results suggest that ownership concentration and foreign group affiliation positively moderate the relation between innovation and international development. Institutional investors seem to have no interest in being involved in innovative processes or, to some extent, in the international expansion. Family-owned firms have a positive influence on international development only when they interact with the innovation efforts of the firms.

Suggested Citation

  • Christian Corsi & Antonio Prencipe, 2018. "Innovation propensity and international development of small and medium firms: the moderating effects of corporate governance structure," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 22(1/2), pages 80-102.
    • Handle: RePEc:ids:ijeima:v:22:y:2018:i:1/2:p:80-102
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=89717
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijeima:v:22:y:2018:i:1/2:p:80-102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=7 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.