Modelling internationalization of high growth firms: micro level approach

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dc.contributor.authorKorsakienė, Renata
dc.contributor.authorKozak, Vratislav
dc.contributor.authorBekešienė, Svajonė
dc.contributor.authorSmaliukienė, Rasa
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2019-03-15
dc.date.available2019-03-15
dc.date.issued2019-03-15
dc.description.abstractThe role of owners/professional managers has been recognized as a vital in the development processes of high growth firms (HGFs), contributing to countries’ productivity and competitiveness. The purpose of the paper is to identify and analyse some of the most significant factors, impacting internationalization of HGFs by investigating the attitudes of owners and professional managers. Theoretical discussion, related to international entrepreneurship, entrepreneurial traits and entrepreneurial perceptions, has led to the development of the research instrument. The analysis is based on a quantitative approach: the survey focuses on Lithuanian HGFs. The sample comprises 353 firms, included in the annual Gazelle list. The study does not reveal the difference between the attitudes of owners and professional managers. The results corroborate previous investigations disclosing that the traits of entrepreneurs and managers, matching entrepreneurial tasks, are good predictor of HGFs internationalization. The importance of external incentives, perceived by the owners and managers, are decreasing while HGFs internationalization is increasing. The joint effect of entrepreneurial traits and perceptions of internal and external barriers are good predictors of HGFs internationalization. The findings of the study are useful for the policy makers in the financial support decision making process and in the development of additional training programs. The implications for the managers of HGFs lie in the possibility to assess their personality traits and conclude about their suitability to that task. The research fills the gap in the extant knowledge by investigating micro-level factors and provides valuable findings on HGFs in Eastern European country.en
dc.formattext
dc.format.extent18 strancs
dc.identifier.doi10.15240/tul/001/2019-1-004
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.orcid0000-0002-3757-6770 Bekešienė, Svajonė
dc.identifier.orcid0000-0002-5240-2429 Smaliukienė, Rasa
dc.identifier.urihttps://dspace.tul.cz/handle/15240/151421
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjecthigh growth firmsen
dc.subjectinternationalizationen
dc.subjectentrepreneurial traitsen
dc.subjectentrepreneurial perceptionsen
dc.subjectmanagement personnelen
dc.subject.classificationG34
dc.subject.classificationM12
dc.titleModelling internationalization of high growth firms: micro level approachen
dc.typeArticleen
local.accessopen
local.citation.epage71
local.citation.spage54
local.facultyFaculty of Economics
local.filenameEM_1_2019_04
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue1
local.relation.volume22
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