Repository logo
 
Publication

Knowledge, uncertainty and networks: what drives SMEs' international

dc.contributor.authorCunha, C. Braga da
dc.contributor.authorSilva, S. C.
dc.date.accessioned2021-10-28T14:28:38Z
dc.date.available2021-10-28T14:28:38Z
dc.date.issued2016
dc.description.abstractWhat are the key variables that can explain SMEs’ international market selection? International business literature has shown that firms’ costs of expanding business activities to host markets along with the lack of roots in foreign countries apparently result in competitive disadvantages for the alien enterprises. However, depending on the relationships established with other members of the network, companies may be able to more easily overcome the risks of selecting a certain market. In turn, the fear of facing unknown situations as well as the absence of knowledge about a specific country may hinder firms from going abroad, which may lead to the loss of opportunities. Based on a literature review regarding the topic and after developing some propositions, the authors developed a conceptual model which shows the existence of five variables that explain SMEs’ market selection – knowledge, market commitment, international networks, SMEs’ ties within networks, and SMEs’ status among members of the network. These variables seem to influence firms’ uncertainty, perception of psychic distance, as well as the liabilities of foreignness and outsidership. Consequently, relationships established with other players inside the network tend to enhance firms’ knowledge about foreign markets, allowing them to better assess opportunities and avoid risks.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.isbn9783200050280
dc.identifier.urihttp://hdl.handle.net/10400.14/35726
dc.language.isoengpt_PT
dc.peerreviewednopt_PT
dc.titleKnowledge, uncertainty and networks: what drives SMEs' internationalpt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.citation.endPage66pt_PT
oaire.citation.startPage66pt_PT
oaire.citation.titleProceedings of the 42nd Annual Conference of the European International Business Academy: “Liabilities of Foreignness versus the Value of Diversity”pt_PT
rcaap.rightsopenAccesspt_PT
rcaap.typeconferenceObjectpt_PT

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
20170321_EIBA_2016_Proceedings_v2_1_.pdf
Size:
735.59 KB
Format:
Adobe Portable Document Format