Smaller firms have played a pivotal role in the present decade of globalization. Reduced barriers to international trade and investment coupled with the advances in information technology have accorded opportunities for smaller firms -- employing fewer than 500 persons -- to emerge as multinational. The focus of this exploratory paper is on the how of their globalization or internationalization. Information from field studies of seven firms -- three Dutch and four American -- obtained by means of personal interviews with senior managers constitutes the primary qualitative data. Considering the convenient choice of the firms and the subjective nature of the recall data the paper, without claiming to draw any inferences, offers three initial propositions, for further refinement, expansion and empirical testing.
Small Business Economics – Springer Journals
Published: Oct 16, 2004
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