Relation between Internationalization and Firm Performance:——Taking Jiangsu Manufacturing Enterprises for Example
Zhao Jin
Abstract
Zhao Jin
Abstract
Due to the heterogeneity in firm resource and capability and the variety of internationalizing strategy,the empirical research on the degree of internationalization and firm performance draw divergent results.This paper,through the resource-based view lens,examines the internationalization-performance relationship by regarding internationalization as an intervening mechanism that aids in the translation of firm resources into performance,and explores the different impact of two distinct internationalizing strategies by distinguishing the breadth and depth of internationalization.Based on 225 Jiangsu manufacturing enterprises,the empirical results show that those Jiangsu manufacturing enterprises with certain resources advantages can improve their performance by increasing their internationalization breadth,while the relationship between internationalization depth and the performance is not obvious.
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Due to the heterogeneity in firm resource and capability and the variety of internationalizing strategy,the empirical research on the degree of internationalization and firm performance draw divergent results.This paper,through the resource-based view lens,examines the internationalization-performance relationship by regarding internationalization as an intervening mechanism that aids in the translation of firm resources into performance,and explores the different impact of two distinct internationalizing strategies by distinguishing the breadth and depth of internationalization.Based on 225 Jiangsu manufacturing enterprises,the empirical results show that those Jiangsu manufacturing enterprises with certain resources advantages can improve their performance by increasing their internationalization breadth,while the relationship between internationalization depth and the performance is not obvious.
Key concepts: Internationalization, Business, Industrial organization, Variety (cybernetics), Empirical research, Resource (disambiguation), Manufacturing sector, Resource-based view