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International virtual networking capabilities and firm performance: A study of international entrepreneurial Australian SMEs
Conference paper   Open access   Peer reviewed

International virtual networking capabilities and firm performance: A study of international entrepreneurial Australian SMEs

Charmaine Glavas and Shane W Mathews
Proceedings of the 2014 Australia and New Zealand International Business Academy Conference, pp.1-18
Australia and New Zealand International Business Academy (ANZIBA) Conference: International Business: Institutions, Organisations, and Markets, 2014 (Auckland, New Zealand, 13-Apr-2014–15-Apr-2014)
Australia and New Zealand International Business Academy
2014
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Abstract

Marketing international entrepreneurship international virtual networking capabilities Internet firm performance SMEs
The Internet is a critical resource for a new generation of small and medium sized enterprise. Specifically, the Internet is important for small entrepreneurial firms in pursuing international opportunities through increased digital integration. As such, the Internet has been identified as a key enabler of international entrepreneurship (Reuber & Fischer, 2011). By facilitating international business for many entrepreneurial SMEs, the Internet has the ability to increase the quality and speed of communications, lower transaction costs, and facilitate the development of international networks. Although the Internet has been found to play a pivotal role in the creation of international relationships and is a mechanism for the creation of international growth opportunities in SMEs (Mathews & Healy, 2008), the role of the international entrepreneurial decision-maker in the development of international virtual networks for leveraging opportunities in internationalisation remains unclear. The findings of this research indicate that developing an 'international virtual network capability' forms an important part of the firm's resource and more specifically dynamic capability base, which is just one component of a firm's resource bundle that builds towards successful internationalisation via an Internet platform.

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