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The internationalization process of born global high technology SMEs: The moderating role of business and social networks

机译:诞生的全球高科技中小企业的国际化进程:商业和社交网络的调节作用

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This paper examines the moderating role of business and social networks in the internationalization process of born global high technology Small and Medium Sized Enterprises (SMEs) in the context of developed and emerging economies. We develop a conceptual model in which the relationship between the two types of networks and the internationalization process (speed, geographic scope and entry mode) is analysed. We conclude that both business and social networks contribute to faster internationalization and offer necessary knowledge on new market opportunities. Our model aligns with previous studies and depicts the important role that institutional networks, part of business networks in this study, play in the internationalization process. We suggest that policy makers and entrepreneurs of high technology SMEs should be encouraged to develop all the necessary mechanisms to support and enhance early internationalization.
机译:本文探讨了在发达和新兴经济体背景下,商业和社交网络在出生的全球高科技中小企业的国际化过程中的适度作用。我们开发了一种概念模型,其中分析了两种类型的网络与国际化过程(速度,地理范围和进入模式)之间的关系。我们得出的结论是,商业和社交网络都有助于加快国际化进程,并提供有关新市场机会的必要知识。我们的模型与先前的研究相吻合,并描绘了机构网络(作为本研究中的业务网络的一部分)在国际化过程中发挥的重要作用。我们建议,应鼓励高科技中小企业的政策制定者和企业家建立所有必要的机制,以支持和加强早期国际化。

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