International entrepreneurial firms in Chile: an exploratory profile
Files
Date
2015-09
Type:
Documento de trabajo
item.page.extent
32 pages
item.page.accessRights
item.contributor.advisor
ORCID:
Journal Title
Journal ISSN
Volume Title
Publisher
School of Business and Economics, Universidad del Desarrollo
item.page.isbn
item.page.issn
item.page.issne
item.page.doiurl
item.page.other
item.page.references
Abstract
The internationalization of new small and medium-sized enterprises is a challenge for many developing countries, especially those with open economies and small internal markets like Chile. This study, in an exploratory way, analyzes some of the factors that determine how new ventures are oriented to international markets from their early-stages. This paper develops a model that integrates variables related to firm characteristics like industrial sector, competitiveness, and size of the firm with a degree of internationalization. The empirical analysis uses data from the Global Entrepreneurship Monitor´s (GEM) adult population survey carried out in Chile during the period 2007-2013 (n=4,208). An ordinal logit regression model was used to test the hypotheses. Descriptive results show that 12.8% of Chilean entrepreneurs in the sample have a relatively high tendency towards internationalization and that the factors related to competitiveness are significant in respect to this tendency. The size of the firm and the propensity to create employment are also significant. Practical implications are discussed
Description
item.page.coverage.spatial
item.page.sponsorship
Citation
Journal of Business Research, 2016, vol. 69, n° 6, p. 2052–2060
Keywords
Early internationalization, Industrial sector, Competitiveness, Chile, Global Entrepreneurship Monitor