{"title":"Acceleration or deceleration? The impact of trade digitization on the speed of enterprise internationalization","authors":"Gang Lu, Yutian Miao, Siyan Liu, Jing Wang","doi":"10.1016/j.frl.2024.106558","DOIUrl":null,"url":null,"abstract":"As global economic integration deepens, the internationalization of enterprises has emerged as a crucial strategy for market expansion and enhanced competitiveness. In this landscape, trade digitization is an emerging trend that is progressively reshaping international trade, with significant implications for the speed of enterprise internationalization. This paper explores the intrinsic relationship between them, demonstrating that trade digitization serves as a powerful catalyst that significantly accelerates the speed of enterprise internationalization. Additionally, the study delves into the role of inward connectivity as a moderator, illustrating how it enhances the relationship between trade digitization and internationalization speed. It also investigates the mediating effect of transaction cost, revealing how these costs influence the speed of enterprise internationalization.","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"28 1","pages":""},"PeriodicalIF":7.4000,"publicationDate":"2024-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1016/j.frl.2024.106558","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
As global economic integration deepens, the internationalization of enterprises has emerged as a crucial strategy for market expansion and enhanced competitiveness. In this landscape, trade digitization is an emerging trend that is progressively reshaping international trade, with significant implications for the speed of enterprise internationalization. This paper explores the intrinsic relationship between them, demonstrating that trade digitization serves as a powerful catalyst that significantly accelerates the speed of enterprise internationalization. Additionally, the study delves into the role of inward connectivity as a moderator, illustrating how it enhances the relationship between trade digitization and internationalization speed. It also investigates the mediating effect of transaction cost, revealing how these costs influence the speed of enterprise internationalization.
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