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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

By: Contributor(s): Material type: TextTextSeries: International small business journal ; Volume 30, number 5London: Sage, 2012Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 02662426
Subject(s): LOC classification:
  • HD2341.169
Online resources: Abstract: 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.
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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.

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