Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya
Loading...
Date
2010
Journal Title
Journal ISSN
Volume Title
Publisher
School of Business and Economics, Daystar University
Abstract
Abstract
The purpose of the study is to assess the effects of firm resources on the internationalization of
medium firms taking evidence from Kenya.
Resource Based View (RBV) is the main theoretical framework that has informed the study. The
ownership of the unique resources is assumed to be the reason why Medium firms in the same
industry and location respond differently to export stimuli; one initiating export business and is
in a position to meet its export orders while another similar one is not. The argument is that the
internal resources tangible or intangible are the main explanatory determinant of firm
internationalization.
Kenya Top 100 medium firms formed target population. The results of the study indicate that
Medium firms that seek for internationalization should invest in developing rare and unique
resources which are not imitable. The findings reveal that internal resources tangible or
intangible are the main explanatory determinant of medium firm internationalization. The results
of the study agrees with a lot of the existing literature on SMEs internationalization on that
ownership of the unique resources is a major reason why firms in the same industry and location
respond differently to export stimuli. To overcome the challenges of smallness, medium firms
have to leverage on knowledge and network resources for they are rare, unique and are not
imitable.
Description
Journal Article
Keywords
Medium Firm, Resources, Internationalization
Citation
Irungu, Dancan Njagi & Ndegwa, Joyce Watetu., (2010)., Effects of Firm Resources on the Internationalization of Medium Sized Firms; Evidence from Kenya.,