How Firm Size and Firm Age Characteristics Affect its StrategicAbility to Move from Domestic to Foreign Markets

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dc.contributor.authorIrungu, Dancan Njagi
dc.date.accessioned2021-06-08T09:25:43Z
dc.date.available2021-06-08T09:25:43Z
dc.date.issued2017
dc.descriptionPublished Journal Articleen_US
dc.description.abstractThe purpose of this paper is to investigate how firm age and size affect the small and medium firm to move from the local to international market. Literature has strongly suggested that the firm age and firm size some of the key factors that influence internationalization of medium sized firms for many developing economies though little research has been done regarding the same for developing economies. An in depth survey was conducted with 73 Kenya Top 100 medium companies targeting the CEOs and/or key executives by the use of a questionnaire instrument. The data was analyzed by the use of Statistical Package for Social Scientists (SPSS) Version 21. Both descriptive and inferential statistics were used to present data. The study found that if Kenyan medium sized firms would sustainably increase the size of their operation, as they age, this would increase theirreadiness to internationalize their operations. They would therefore achieve superior capability to maximize on any opportunity that might arise for doing business in foreign market.The study recommends that the Government of Kenya should provide a supportive environment that would enable medium firmsto grow and overcome the challenges of smallness which is a precursor to internationalization.en_US
dc.description.sponsorshipDaystar University, School of Business and Economicsen_US
dc.identifier.citationIrungu, D. N., (2017). How Firm Size and Firm Age Characteristics Affect its StrategicAbility to Move from Domestic to Foreign Markets. The International Journal of Business Management and Technology. Volume 1 Issue 2; pp21-28en_US
dc.identifier.urihttps://repository.daystar.ac.ke/handle/123456789/3553
dc.language.isoenen_US
dc.publisherThe International Journal of Business Management and Technologyen_US
dc.subjectFirm ageen_US
dc.subjectForeign marketen_US
dc.subjectInternationalizationen_US
dc.subjectFirm sizeen_US
dc.subjectDomestic Marketen_US
dc.titleHow Firm Size and Firm Age Characteristics Affect its StrategicAbility to Move from Domestic to Foreign Marketsen_US
dc.typeArticleen_US

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