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The rise of 'small globals': an empirical macro analysis

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  • Manuel Jose Oyson III

Abstract

Even decades ago questions were raised about the traditional internationalisation process models for their failure to explain 'born globals' and firms that internationalised rapidly and skipped 'stages'. The rise in the new millennium of 'small globals' or small firms that internationalised across multiple, often distant, international markets further demonstrates the explanatory limits of internationalisation process models. Notably, these models emerged in the 1970s and 1980s. The international environment, however, has undergone dramatic changes since the 1990s with the development of the internet, advanced technologies, globalisation, and free trade. Whilst the enabling effects of these changes on firm internationalisation are acknowledged, they have largely not been explained nor empirically developed. This paper, based on an empirical study of 12 New Zealand small internationalising firms, addresses this research gap by providing a macro analysis of how key changes in the international environment have enabled the rise of born globals and small globals.

Suggested Citation

  • Manuel Jose Oyson III, 2018. "The rise of 'small globals': an empirical macro analysis," International Journal of Globalisation and Small Business, Inderscience Enterprises Ltd, vol. 10(1), pages 21-48.
    • Handle: RePEc:ids:ijgsbu:v:10:y:2018:i:1:p:21-48
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    Cited by:

    1. Victor Chukwunweike Nwokocha & Ignatius Ani Madu, 2020. "Strategic Alliance and Its Influence on the Performance of Small- and Medium-scale Enterprises in Enugu State, Nigeria," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 12(2), pages 199-216, May.

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