ENTREPRENEURIAL ORIENTATION IN SMES: RISK-TAKING TO ENTERING INTERNATIONAL MARKETS
The paper examines the factors affecting entrepreneurial orientation as risk-taking for the internationalization of SMEs (micro, small and medium-sized enterprises). Specifically, this research extends the literature streams by empirically testing the relationships among entrepreneurial orientation as risk-taking to internationalization using resource based theory. Literature has shown that entrepreneurial behavior is positively related to firms and local resources in many contexts and has potential to offer contributions to internationalization performance. Quantitative survey on 71 Sicilian SMSs reached valuable conclusions for managers, entrepreneurs, policy makers, revealing the importance of local external and managerial internal resources on entrepreneurial orientation to internationalization as drivers of firm’s survival and competitiveness in actual markets crises.
Year of publication: |
2012
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Authors: | Basile, Alessandro |
Published in: |
Far East Journal of Psychology and Business. - Far East Research Centre, ISSN 2219-5440. - Vol. 7 No 2 Paper 1 May.2012, 1, p. 1-21
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Publisher: |
Far East Research Centre |
Subject: | Entrepreneurial Orientation | Risk | Entrepreneurship | SMEs |
Saved in:
freely available