Original scientific paper

The Resource-based Approach to the Internationalisation of SMEs: Differences in Resource Bundles between Internationalised and Non-Internationalised Companies

Mitja Ruzzier ; Faculty of Economics, University of Ljubljana, Ljubljana, Slovenia
Bostjan Antončič ; Faculty of Economics, University of Ljubljana, Ljubljana, Slovenia
Maja Konečnik ; Faculty of Economics, University of Ljubljana, Ljubljana, Slovenia

Abstract

The resource-based approach is a new promising theoretical framework that is applied to the internationalisation of SMEs. Derived from strategic management it provides value-added theoretical propositions about the uniqueness of certain resources that have turned out to be critical for the internationalisation process of SMEs. This paper examines the differences in resource bundles (organisational, financial, and human and social) between internationalised and non-internationalised Slovenian SMEs. The findings are also controlled for the control variables of firm size and age from which valuable propositions and implications are derived for the entrepreneur and those policy-makers who want to increase the number of internationalised SMEs.

Keywords

internationalisation; SMEs; resources; international entrepreneurship

Hrčak ID:

78578

URI

https://hrcak.srce.hr/78578

Publication date:

1.11.2006.

Visits: 2.323 *