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Journal of International Entrepreneurship

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10.02.2017

The effect of sub-national institutions and international entrepreneurial capability on international performance of export-focused SMEs: Evidence from China and South Korea

Erschienen in: Journal of International Entrepreneurship | Ausgabe 1/2017

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Abstract

A number of recent studies have taken notice of the differences among sub-national institutions within the convoluted structures of Asian economies. The influence that the institutional environment exerts upon the performance of larger multi-national enterprises (MNEs) in Asian markets is well-documented; however, the relationship between sub-national institutions, international entrepreneurial capability (IEC), and international performance (IP) is a realm that has been less closely explored. This paper seeks to address that gap by assessing the effect of relevant sub-national institutions, namely, local government support, legal rules, government transparency, and government efficiency on the IEC of export-focused small and medium-sized enterprises (SMEs) in two leading Asian economies. The researchers have devised and assessed a model that links sub-national institutions, their IEC and IP. To this end, data was collected from export-focused SMEs in two important emerging markets, China and South Korea. Three rounds of data collection resulted in 217 complete surveys. This paper discusses the analyzed data as well as the theoretical and managerial contributions of those findings.

Vorheriger Artikel Institutional theory and global entrepreneurship: exploring differences between factor- versus innovation-driven countries

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SEMs refer to small and medium-sized enterprises. There is no unified definition of SMEs across the world (OECD 2002). For example, the European Union defines SMEs as firms with less than 250 employees (European Commission 2007). In the USA, the definition of SMEs is firms with 500 or fewer employees (SBA 2013). As defined by the government in China, SMEs can have up to 2000 employees for industrial firms or 3000 for construction firms (Hall 2007; Tang & Hull 2011).

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Titel: The effect of sub-national institutions and international entrepreneurial capability on international performance of export-focused SMEs: Evidence from China and South Korea
Publikationsdatum: 10.02.2017
Erschienen in: Journal of International Entrepreneurship / Ausgabe 1/2017
Print ISSN: 1570-7385
Elektronische ISSN: 1573-7349
DOI: https://doi.org/10.1007/s10843-016-0196-6

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