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Effect of SMEs’ International Experience on Foreign Intensity and Economic Performance: The Mediating Role of Internationally Exploitable Assets and Competitive Strategy

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  • César Camisón
  • Ana Villar-lópez

Abstract

In this paper, we study the relationship between the international experience of small and medium-sized enterprises (SMEs) and their economic performance using intangible and financial asset stock, competitive strategy, and international intensity as mediating factors. The RBV provides the theoretical framework to develop a theoretical model postulating that international experience has an indirect effect on foreign growth and economic performance. This model was used to test a sample of 394 Spanish SMEs through the modelization of a structural equations system. Results show that superior economic performance is only achieved by SMEs that can turn the knowledge they gain from international experience into a large endowment of internationally exploitable intangible assets (irrespective of the fact that these assets form the basis for strengthening international intensity) and into a differentiation competitive strategy.

Suggested Citation

  • César Camisón & Ana Villar-lópez, 2010. "Effect of SMEs’ International Experience on Foreign Intensity and Economic Performance: The Mediating Role of Internationally Exploitable Assets and Competitive Strategy," Journal of Small Business Management, Taylor & Francis Journals, vol. 48(2), pages 116-151, April.
  • Handle: RePEc:taf:ujbmxx:v:48:y:2010:i:2:p:116-151
    DOI: 10.1111/j.1540-627X.2010.00289.x
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