SBEJ-D-18-00661_R1 (2).pdf (2.31 MB)
Organizational capabilities and SME exports: the moderating role of external funding intentions and managerial capacity
journal contribution
posted on 2023-06-10, 03:27 authored by Ko Wai Wai, Catherine Liston-HeyesCatherine Liston-Heyes, Weixi Liu, Gordon Liu, Marc CowlingEntry to export markets can stimulate business growth, yet remarkably few small- and medium-sized enterprises (SMEs) pursue export strategies. Using data gathered from the UK Small Business Surveys and a theoretical framework that combines principles from the resource-based view of the firm with notions of “investment readiness” and “managerial capacity,” we examine the empirical relationships between new product development (NPD) and new market entry (NME) capabilities on UK SMEs export decisions. Among other things, we find that there are contexts in which SMEs should develop these capabilities concurrently and others in which they should develop them independently to minimize added managerial complexity. Our results also indicate that in the absence of strong managerial capacity, SMEs should prioritize NME over NPD capabilities. Our findings produce several interesting theoretical and practical implications for SME exports.
History
Publication status
- Published
File Version
- Accepted version
Journal
Small Business EconomicsISSN
0921-898XPublisher
SpringerExternal DOI
Volume
58Page range
247-261Department affiliated with
- Management Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2022-05-09First Open Access (FOA) Date
2022-05-09First Compliant Deposit (FCD) Date
2022-05-06Usage metrics
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No categories selectedKeywords
Licence
Exports
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