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Constraints, internationalization and growth: A cross-country analysis of European SMEs

  • Hessels, Jolanda
  • Parker, Simon C.

Small and medium sized enterprises (SMEs) are known to face barriers which limit their ability to grow. We build on resource dependency theory and the resource-based view to investigate how SMEs are able to achieve venture growth in the face of these constraints by adopting internationalization and inter-firm collaboration strategies. Based on a large sample of European SMEs, our research demonstrates the importance of distinguishing between specific dimensions of internationalization and inter-firm collaborations, in particular between exporting and importing, and between formal and informal collaborations – as well as context-specificity of these strategies with respect to the types of constraints SMEs face.

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Article provided by Elsevier in its journal Journal of World Business.

Volume (Year): 48 (2013)
Issue (Month): 1 ()
Pages: 137-148

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Handle: RePEc:eee:worbus:v:48:y:2013:i:1:p:137-148
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