Abstract
We investigate the role of information in the internationalization of small and medium enterprises (SMEs). Information internalization is fundamentally antecedent to SME internationalization and is being facilitated increasingly by recent important trends. We offer a conceptual explanation and related propositions on information internalization, emphasizing hurdle rate theory for ascertaining the acceptability of firms' internationalization projects.
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*Peter Liesch is Reader in International Business in the Graduate School of Management at The University of Queensland. Australia. His research interests include studies of the internationalization of the firm, international countertrade and alternative international and domestic exchange mechanisms.
**Gary Knight is Assistant Professor of Marketing and International Business at Florida State University, United States. A former Fulbright Scholar, he has published extensively on international marketing topics.
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Liesch, P., Knight, G. Information Internalization and Hurdle Rates in Small and Medium Enterprise Internationalization. J Int Bus Stud 30, 383–394 (1999). https://doi.org/10.1057/palgrave.jibs.8490075
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DOI: https://doi.org/10.1057/palgrave.jibs.8490075