Business model innovation and the success of internationalization initiatives: the moderating effects of psychic distance and international experience

IF 2.9 Q2 BUSINESS

Journal of Small Business and Enterprise Development Pub Date : 2024-07-19 DOI:10.1108/jsbed-08-2023-0396

Melanie Luise Krenn, Guido Bortoluzzi, Dietmar Sternad

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引用次数: 0

Abstract

Purpose

Building on recent developments in the Uppsala model, we first examine the role of business model innovation (BMI) in the internationalization process of firms and then determine to what extent international experience and psychic distance have a moderating effect between BMI and the success of a firm’s international initiatives.

Design/methodology/approach

We apply a multiple hierarchical regression model to a sample of 168 firms of two border regions in Italy (Friuli Venezia Giulia) and Austria (Carinthia).

Findings

We find empirical support for the moderating role of both psychic distance and international experience in the relationship between business model innovation and the success of internationalization initiatives.

Originality/value

The paper contributes to the evolutionary perspective of the internationalization process of firms by adding new aspects related to the role of business model innovation to the most re-cent developments of the Uppsala model. From an empirical point of view, the paper contributes to the literature by identifying and testing two boundary conditions that shape the relationship between BMI and international success.

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商业模式创新与国际化举措的成功：心理距离和国际经验的调节作用

目的基于乌普萨拉模型的最新发展，我们首先研究了商业模式创新（BMI）在企业国际化过程中的作用，然后确定国际经验和心理距离在多大程度上对商业模式创新与企业国际化举措的成功之间具有调节作用。研究结果我们发现，在商业模式创新与国际化举措成功之间的关系中，心理距离和国际经验都起着调节作用，这一点得到了实证支持。从实证的角度来看，本文通过确定和测试两个边界条件来塑造商业模式创新与国际化成功之间的关系，从而为相关文献做出了贡献。

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来源期刊

Journal of Small Business and Enterprise Development BUSINESS-

CiteScore

6.40

自引率

6.50%

发文量

期刊介绍： ■Research in SMEs, entrepreneurship and family-run businesses ■Case studies on real-life small business experiences ■Small Business growth and successful enterprises ■Practical advice from small business advisors ■Recruitment, training and development for SMEs ■Performance measurement and business improvement ■Government initiatives and enterprise policy ■SME financing and venture capital. By encouraging debate on the key issues facing SMEs, the journal offers detailed analysis and critical assessment of current best practice, discusses the implications of latest research findings and explores opportunities to break down the barriers that restrict the growth of SMEs.