The interplay of innovation and internationalisation in the foreign market entry mode and international market selection process of SMEs

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dc.contributor.authorAzevedo, Mónica
dc.contributor.authorLobo, Carla Azevedo
dc.contributor.authorSantos-Pereira, Carla
dc.contributor.authorDurão, Natércia
dc.contributor.authorGerschewski, Stephan
dc.date.accessioned2024-07-11T10:10:05Z
dc.date.available2024-07-11T10:10:05Z
dc.date.issued2023-12-15
dc.description.abstractIn an interconnected, globalised world where the success of companies increasingly relies on internationalisation, innovation has emerged as a crucial strategic decision for firm’s strong development and competitiveness. While there tends to be a consensus in the literature regarding the growing significance of internationalisation and innovation, certain questions arise regarding the relationship between innovation and entry modes with lower market commitment as well as destination markets with lower risks. This study aims to investigate whether a discernible pattern of relationship exists between internationalisation modes, destination markets, and innovation among small and medium-sized Portuguese firms. To accomplish this research objective, we developed and distributed an online questionnaire survey and collected empirical data from Portuguese SMEs. The final dataset consisted of 310 valid responses, which were subjected to statistical analysis using IBM SPSS 27.0 Statistics software. Considering the categorical nature of the data (measured on a nominal or ordinal scale), we applied robust quantitative analysis techniques. More specifically, we employed exploratory statistical analyses, including univariate and multivariate exploratory factorial analysis (EFA), as well as inferential analysis (e.g., Spearman's correlation and Chi-square test for correlation analysis, and Mann-Whitney nonparametric test). Our findings provide empirical evidence that companies employing internationalisation modes requiring greater commitment, along with those targeting geographically and psycho-logically distant destination markets, tend to attach greater importance to innovation as a determinant of internationalisation. Our study carries important theoretical and practical implications.
dc.identifier.citationAzevedo, M., Lobo, C. A., Santos-Pereira, C., Durão, N., & Gerschewski, S. (2023). The interplay of innovation and internationalisation in the foreign market entry mode and international market selection process of SMEs. In N. F. Crespo, V. C. Simões, C. Crespo, & D. Macedo (Eds.), Proceedings of the 49th European International Business Academy (EIBA) Conference 2023. Lisboa, Portugal, 15-17 december 2023, (p. 87). ISAG. Repositório Institucional UPT. https://hdl.handle.net/11328/5763
dc.identifier.isbn978-989-54368-4-2
dc.identifier.urihttps://hdl.handle.net/11328/5763
dc.language.isoeng
dc.publisherISEG
dc.rightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectInnovation
dc.subjectInternationalisation
dc.subjectForeign market entry
dc.subjectInternational market selection
dc.subjectSME
dc.subject.fosCiências Sociais - Economia e Gestão
dc.titleThe interplay of innovation and internationalisation in the foreign market entry mode and international market selection process of SMEs
dc.typeconference paper
dcterms.referenceshttps://researchportal.hw.ac.uk/en/publications/the-interplay-of-innovation-and-internationalisation-in-the-forei
dspace.entity.typePublication
oaire.citation.conferenceDate2023-12-15
oaire.citation.conferencePlaceLisboa, Portugal
oaire.citation.endPage87
oaire.citation.startPage87
oaire.citation.titleProceedings of the 49th European International Business Academy (EIBA) Conference 2023
person.affiliation.nameREMIT – Research on Economics, Management and Information Technologies
person.affiliation.nameREMIT
person.affiliation.nameREMIT – Research on Economics, Management and Information Technologies
person.familyNameAzevedo
person.familyNameLobo
person.familyNameSantos-Pereira
person.familyNameDurão
person.givenNameMónica
person.givenNameCarla Azevedo
person.givenNameCarla
person.givenNameNatércia
person.identifier.ciencia-id3216-1D29-22AB
person.identifier.ciencia-id2E1D-CA98-5832
person.identifier.ciencia-idDD11-7CE2-337F
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person.identifier.orcid0000-0002-6721-376X
person.identifier.orcid0000-0002-3545-6265
person.identifier.orcid0000-0002-0845-263X
person.identifier.ridV-1275-2019
person.identifier.rid43544551
person.identifier.ridG-9695-2016
person.identifier.ridH-3050-2016
person.identifier.scopus-author-id56012866500
person.identifier.scopus-author-id57210261298
person.identifier.scopus-author-id12794047600
person.identifier.scopus-author-id57188548415
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