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Early Rapidly Internationalizing Small Firms from South Africa

In: Successes and Challenges of Emerging Economy Multinationals

Author

Listed:
  • Shingairai Grace Masango
  • Svetla Trifonova Marinova

Abstract

The origins of the application of the resource-based view (RBV) to small firm internationalization can be traced back to the model of innovation and the Uppsala stages model. Early export studies have used key internal firm-specific factors as a proxy for the firm’s resource base (e.g. Leonidou, Katsikeas and Piercy, 1998). Within the Uppsala model Oohanson and Vahlne, 2003) experiential foreign market knowledge has emerged as the key resource governing a firm’s ‘commitment’ to its internationalization activities. The early applications of RBV in small firm internationalization relate mainly to the firms’ post-internationalization development (Coviello and Cox, 2006). With the field of international business (IB) moving towards including a wider spectrum of small firms, specifically those that begin their internationalization activities at an early stage in their development, calls have been made for a holistic view of the firm, which incorporates the firm’s pre-internationalization development (Coviello and Cox, 2006). This has necessitated a perspective that incorporates new venture dynamics in IB. Simmonds and Smith (1968) pre-empted the significance of tracing a firm’s international activities to its internal characteristics. Prior to modelling exporting as an innovation process, these authors expected the exporting activities of the young firms within their sample to be driven by the internal situation within the firms and the characteristics of the individuals on whom innovation could depend.

Suggested Citation

  • Shingairai Grace Masango & Svetla Trifonova Marinova, 2014. "Early Rapidly Internationalizing Small Firms from South Africa," Palgrave Macmillan Books, in: Marin Alexandrov Marinov & Svetla Trifonova Marinova (ed.), Successes and Challenges of Emerging Economy Multinationals, chapter 7, pages 158-183, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-36941-3_7
    DOI: 10.1057/9781137369413_7
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