Young firm internationalization and survival: Empirical tests on a panel of 'adolescent' new technology-based firms in Germany and the UK

Coeurderoy, Régis;Cowling, Marc;Licht, Georg;Murray, Gordon
(2012) International Small Business Journal — Vol. 30, n° 5, p. 472-492 (2012)

Files

pdfdocument.pdf
  • Restricted Access
  • Adobe PDF
  • 348.19 KB

Details

Authors
  • Coeurderoy, RégisUCLouvain
    Author
  • Cowling, MarcUniversity of Exeter, UK
    Author
  • Licht, GeorgCentre for European Economic Studies, Germany
    Author
  • Murray, GordonUniversity of Exeter, UK
    Author
Abstract
This paper uses a unique, longitudinal data set of UK and German new technology-based firms (NTBFs) to investigate the determinants of internationalization and firm survival. Specifically, it tests the influence of absorptive capacity, inter-firm specific relationships and international exposure on survival. Its key findings are that high absorptive capacity increases survival probabilities; specific customer-supplier relationships enhance survival; and the greater the firm's exposure to internationalization activity, the higher its subsequent chance of survival. Thus, the paper provides evidence that young firms are more likely to survive when they pursue an internationalization strategy based on resource consolidation. © The Author(s) 2010.
Affiliations

Citations

Coeurderoy, R., Cowling, M., Licht, G., & Murray, G. (2012). Young firm internationalization and survival: Empirical tests on a panel of ‘adolescent’ new technology-based firms in Germany and the UK. International Small Business Journal, 30(5), 472-492. https://doi.org/10.1177/0266242610388542 (Original work published 2012)