What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth

This study examines the accumulation of financial and intellectual resources of U.S.-based biopharmaceutical SMEs. We find that internationalized SMEs experience better financial resource growth than domestic market-focused SMEs only in the long run. While international expansion per se does not ena...

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Main Authors:	Li, Lei, Li, Dan, Goerzen, Anthony, Shi, Weilei (Stone)
Format:	Article
Language:	English
Published:	Elsevier 2018
Online Access:	http://eprints.nottingham.ac.uk/53289/ http://eprints.nottingham.ac.uk/53289/ http://eprints.nottingham.ac.uk/53289/ http://eprints.nottingham.ac.uk/53289/1/What%20and%20How%20do%20SMEs%20Gain%20by%20Going%20International_F.pdf

id	nottingham-53289
recordtype	eprints
spelling	nottingham-532892018-08-10T06:20:12Z http://eprints.nottingham.ac.uk/53289/ What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth Li, Lei Li, Dan Goerzen, Anthony Shi, Weilei (Stone) This study examines the accumulation of financial and intellectual resources of U.S.-based biopharmaceutical SMEs. We find that internationalized SMEs experience better financial resource growth than domestic market-focused SMEs only in the long run. While international expansion per se does not enable SMEs to accumulate more intellectual resources than via domestic expansion, it exerts a positive impact over time for SMEs with strong alliance capabilities. Moreover, we show that alliance capabilities are more important than in-house technological capabilities for key resource accumulation of internationalized SMEs over time. Our results infer that SMEs gain the benefits of resource exploration via international expansion. Elsevier 2018-08-08 Article PeerReviewed application/pdf en http://eprints.nottingham.ac.uk/53289/1/What%20and%20How%20do%20SMEs%20Gain%20by%20Going%20International_F.pdf Li, Lei and Li, Dan and Goerzen, Anthony and Shi, Weilei (Stone) (2018) What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth. Journal of World Business . ISSN 1090-9516 (In Press) http://dx.doi.org/10.1016/j.jwb.2018.07.001 doi:10.1016/j.jwb.2018.07.001 doi:10.1016/j.jwb.2018.07.001
repository_type	Digital Repository
institution_category	Local University
institution	University of Nottingham Malaysia Campus
building	Nottingham Research Data Repository
collection	Online Access
language	English
description	This study examines the accumulation of financial and intellectual resources of U.S.-based biopharmaceutical SMEs. We find that internationalized SMEs experience better financial resource growth than domestic market-focused SMEs only in the long run. While international expansion per se does not enable SMEs to accumulate more intellectual resources than via domestic expansion, it exerts a positive impact over time for SMEs with strong alliance capabilities. Moreover, we show that alliance capabilities are more important than in-house technological capabilities for key resource accumulation of internationalized SMEs over time. Our results infer that SMEs gain the benefits of resource exploration via international expansion.
format	Article
author	Li, Lei Li, Dan Goerzen, Anthony Shi, Weilei (Stone)
spellingShingle	Li, Lei Li, Dan Goerzen, Anthony Shi, Weilei (Stone) What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth
author_facet	Li, Lei Li, Dan Goerzen, Anthony Shi, Weilei (Stone)
author_sort	Li, Lei
title	What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth
title_short	What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth
title_full	What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth
title_fullStr	What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth
title_full_unstemmed	What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth
title_sort	what and how do smes gain by going international? a longitudinal investigation of financial and intellectual resource growth
publisher	Elsevier
publishDate	2018
url	http://eprints.nottingham.ac.uk/53289/ http://eprints.nottingham.ac.uk/53289/ http://eprints.nottingham.ac.uk/53289/ http://eprints.nottingham.ac.uk/53289/1/What%20and%20How%20do%20SMEs%20Gain%20by%20Going%20International_F.pdf
first_indexed	2018-09-06T14:32:19Z
last_indexed	2018-09-06T14:32:19Z
_version_	1610868944556523520

What and how do SMEs gain by going international? A longitudinal investigation of financial and intellectual resource growth

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