Export Entry in Small Companies: Effecs of Timing on Strategy and Performance

New and small companies are increasingly active in exporting, but little is known about relationships between timing of this decision and international strategy. or performance. This exploratory study examines effects of early and late export entry on international strategy and performance in a sample of 134 exporting U S. manufacturers. Results show different patterns of international strategy are associated with early versus late export entry, and that depending on timing of this entry, certain strategies result in improved performance

The Impact of Resources on Small Firm Internationalization

Theory posits that resource type and composition determine a firm's geographic scope.  To date,  few   studies   test   this  premise.  This  article  compares   resource  profiles   of internationalized  and non-internationalized  small firms,  then examines  the impact  of five types of resources  on their  internationalization  strategies.   Results  show  that resource profiles differ between internationalized and non-internationalized firms, and that social and financial resources   are   more   important   than  human   resources  for   small  firms   pursuing   an internationalization  strategy.   For firms  selling a greater  variety of international products, achieved owner founder  attributes need to be strong. Small firm  managers should build a solid social network and develop international competencies if they plan to internationalize

Resources in Small Firms: An Exploratory Study

The importance of resources to firms is well documented in theory, texts and empirical studies. Yet, research focuses on acquisition of financial resources, with less attention given to other types. Prescriptions emphasize resource a/location or fit to opportunities, often treating resources in the aggregate without considering unique distinctions in resource types or usage. This paper argues that there are five distinct types of resources applicable to small firms- human, social, organizational, physical and financial. An exploratory study of 76 firms examines the relative importance of these resource types and analyzes relationships between resources and characteristics of the owner/founder and organization. Findings show overall higher ratings for physical and organizational resources than for financial resources. Results indicate few differences in resources depending on owner/founder characteristics or industrial sector

Entrepreneurship Education: A Global Consideration From Practice to Policy Around the World

As entrepreneurship continues to gain momentum and visibility as an engine of global economic development, it is critical to understand and optimize the role that entrepreneurship education plays. Based on a detailed review of the literature on the entrepreneurship education ecosystems and frameworks in the United States, China, Finland, and Qatar, this report identifies the current state of entrepreneurship education and training around the world, and establishes an inventory of best practices. The discussion of common themes across the four country cases, as well as examples of unique in-country qualities, provides recommendations and implications on which policy makers can act and experiment

Women\u27s Entrepreneurship Report 2018/2019

This year marks the 20th anniversary of Global Entrepreneurship Monitor (GEM) conducting entrepreneurship research in economies around the world through a system of rigorous data collection, extensive analysis, and widespread dissemination of results. Studies on women’s participation in entrepreneurial behaviors have long been a part of this project, with reports developed approximately every two years. The 2018/2019 report provides analysis from 59 economies, aggregating data from two GEM data collection cycles: 10 economies reporting in 2017 and 49 reporting in 2018. For the purpose of analysis and to allow for comparisons, these countries are grouped into three levels of national income (adapted from the World Bank classification by GNI per capita)1 and six geographic regions: East and South Asia and Pacific, Europe and Central Asia, Latin America and the Caribbean, Middle East and North Africa, North America, and sub-Saharan Africa. A total of 54 economies were surveyed in the GEM Women’s Entrepreneurship 2016/2017 Report and in this report, providing the basis for calculation of rate changes between the two reports