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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
The Impact of the Institutional Environment on SME Internationalization:
An Assessment of the Environmental Assumptions of Emerging
Integrated Models of Internationalization
Author(s): Pat H. Dickson, K. Mark Weaver, George S. Vozikis
Citation: Pat H. Dickson, K. Mark Weaver, George S. Vozikis, (2013) "The Impact of the Institutional Environment on SME Internationalization: An Assessment of the Environmental Assumptions of Emerging Integrated Models of Internationalization," Journal of Applied Business and Economics, Vol. 15, Iss. 3, pp. 43-55
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This study provides an empirical test of the assumptions that many existing models of internationalization
make regarding the institutional factors influencing internationalization by small to medium-sized firms
(SMEs). Utilizing a sample of over 2100 SMEs in nine countries, the roles of such institutional attributes
as the nature of the economic and legal systems and the levels of economic and political risk are
examined in light of the impact that these factors have on the levels of international activity of SMEs. The
results indicated that each of these factors may play an important role in either motivating or enabling
internationalization.
