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Determinants of International Activities: Are SMEs Different?
2005
Small Business Economics
In this paper we econometrically investigate the factors determining the choice of a specific internationalisation strategy. We distinguish four strategies, ranging from "serving foreign markets through exports only" up to "exporting and locating abroad several business functions such as distribution, production and R&D". These strategies are evaluated against the reference category "domestic sales only" (multinomial logit model). The analysis, to a large extent, confirms Dunning's well-known
doi:10.1007/s11187-005-6455-x
fatcat:mqkvxxzlnrfl3ihr2ueldiodvi