Young firm internationalization and survival : empirical tests on a panel of "adolescent" new technology-based firms in Germany and the UK/
Coeurderoy, Régis
Young firm internationalization and survival : empirical tests on a panel of "adolescent" new technology-based firms in Germany and the UK/ created by Regis Coeurderoy, Marc Cowling, Georg Licht and Gordon Murray - International small business journal Volume 30, number 5 .
This paper uses a unique, longitudinal data set of UK and German new technology-based firms (NTBFs) to investigate the determinants of internationalization and firm survival. Specifically, it tests the influence of absorptive capacity, inter-firm specific relationships and international exposure on survival. Its key findings are that high absorptive capacity increases survival probabilities; specific customer–supplier relationships enhance survival; and the greater the firm’s exposure to internationalization activity, the higher its subsequent chance of survival. Thus, the paper provides evidence that young firms are more likely to survive when they pursue an internationalization strategy based on resource consolidation.
02662426
Business start-up--Firm performance--Germany--United Kingdom--High technology
HD2341.169
Young firm internationalization and survival : empirical tests on a panel of "adolescent" new technology-based firms in Germany and the UK/ created by Regis Coeurderoy, Marc Cowling, Georg Licht and Gordon Murray - International small business journal Volume 30, number 5 .
This paper uses a unique, longitudinal data set of UK and German new technology-based firms (NTBFs) to investigate the determinants of internationalization and firm survival. Specifically, it tests the influence of absorptive capacity, inter-firm specific relationships and international exposure on survival. Its key findings are that high absorptive capacity increases survival probabilities; specific customer–supplier relationships enhance survival; and the greater the firm’s exposure to internationalization activity, the higher its subsequent chance of survival. Thus, the paper provides evidence that young firms are more likely to survive when they pursue an internationalization strategy based on resource consolidation.
02662426
Business start-up--Firm performance--Germany--United Kingdom--High technology
HD2341.169