TY - JOUR
T1 - How micro, small and medium-sized enterprises are driven outward the superior international trade performance?
T2 - A multidimensional study on Italian food sector
AU - Jafari Sadeghi, Vahid
AU - Biancone, Paolo Pietro
PY - 2018/10/1
Y1 - 2018/10/1
N2 - Focusing on the importance of going for global and building a network theory, we propose and test a framework of international trade antecedents of micro, small and medium-sized enterprises (MSMEs). Whilst the internationalization of firms has been investigated immensely, there is a little study about what drives of international trades of MSMEs which has a crucial role in the food sector of Italian economy. These firms survive and operate under variety of circumstances, resulting in particular manners they leverage their capabilities and competencies. The analysis of survey data from 1157 MSMEs in three Italian industries of food sector reveals that the international trade intensity not only is positively related to their sunk costs ratio, financial slack intensity and technological capabilities, but also has a U-shaped linkage with the number executive managers. Our study find evidence that many MSMEs in Italian food sector do have potential to go global and internationalize their business if they leverage their competences.
AB - Focusing on the importance of going for global and building a network theory, we propose and test a framework of international trade antecedents of micro, small and medium-sized enterprises (MSMEs). Whilst the internationalization of firms has been investigated immensely, there is a little study about what drives of international trades of MSMEs which has a crucial role in the food sector of Italian economy. These firms survive and operate under variety of circumstances, resulting in particular manners they leverage their capabilities and competencies. The analysis of survey data from 1157 MSMEs in three Italian industries of food sector reveals that the international trade intensity not only is positively related to their sunk costs ratio, financial slack intensity and technological capabilities, but also has a U-shaped linkage with the number executive managers. Our study find evidence that many MSMEs in Italian food sector do have potential to go global and internationalize their business if they leverage their competences.
KW - Financial slack
KW - Iinternationalization
KW - International trade
KW - Italy
KW - Micro
KW - Small and medium-sized enterprises
KW - Sunk cost
UR - http://www.scopus.com/inward/record.url?scp=85024873291&partnerID=8YFLogxK
U2 - 10.1016/j.ribaf.2017.07.136
DO - 10.1016/j.ribaf.2017.07.136
M3 - Review article
AN - SCOPUS:85024873291
VL - 45
SP - 597
EP - 606
JO - Research in International Business and Finance
JF - Research in International Business and Finance
SN - 0275-5319
ER -