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Internationalisation of Technology-Oriented Firms in Germany and the UK
journal contribution
posted on 2023-05-17, 18:38 authored by Fryges, HRBased on longitudinal data, this article examines empirically the long-term export behaviour of German and British technology-oriented firms founded between 1987 and 1996. Applying logit models, the results show that firms can overcome high entry costs by acquiring firm-specific assets. Similarly, firm-specific resources prevent high-tech companies from exiting the international market. The strategic role of investment in R&D is stressed in particular by the data.
History
Publication title
Small Business EconomicsVolume
33Pagination
165-187ISSN
0921-898XDepartment/School
TSBEPublisher
SpringerPlace of publication
the NetherlandsRights statement
Copyright Springer Science + Business MediaRepository Status
- Restricted