The moderating effects of home region orientation on R&D investment and international SME performance: Lessons from Korea
Summary Drawing from the resource-based view, we investigate how firm and country combinations affect international SME performance. Using a sample of 2676 international Korean SMEs, we explore the relationships among SME R&D investment, home region orientation and financial performance. Results show that R&D investment has a horizontally inverted S-shaped relationship with performance reflecting cost leadership, stuck in the middle, and differentiation strategies. We also find that a home region orientation moderates the relationship between R&D investment and performance. Home region orientation positively moderates the relationship when R&D investment reflects cost leadership or differentiation but negatively moderates a stuck in the middle strategy.
Year of publication: |
2009
|
---|---|
Authors: | Lee, In Hyeock ; Marvel, Matthew R. |
Published in: |
European Management Journal. - Elsevier, ISSN 0263-2373. - Vol. 27.2009, 5, p. 316-326
|
Publisher: |
Elsevier |
Keywords: | Regional strategies Home region orientation Firm-specific advantages R&D investment Firm performance Small and medium-sized enterprises |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Lee, In Hyeock, (2009)
-
Gender and the innovation activity of entrepreneurs : a multilevel analysis
Marvel, Matthew R., (2011)
-
Entrepreneur gender and firm innovation activity : a multilevel perspective
Marvel, Matthew R., (2015)
- More ...