Antecedents to Export Performance and How Italian and Slovanian SME's Innovate During Times of Crisis

Authors

  • Maurizio Massaro Udine University
  • Arthur Rubens Florida Gulf Coast University
  • Roland Bardy Florida Gulf Coast University
  • Carlo Bagnoli Ca’ Foscari University of Venice

DOI:

https://doi.org/10.15549/jeecar.v4i1.153

Keywords:

SME, internationalization strategies and theories, entering foreign markets, radical and incremental innovation, risk preference, export performance, strategic intent

Abstract

This paper explores how small and medium enterprises (SMEs) operating in Northern Italy and Slovenia used their innovative potential to expan business across the border while their home markets suffered from the great recession that started in 2007.  The background of the study is an analysis of the antecedents to export performance and internationlization, which specifically asked whether innovating incrementally or innovating radically contributes to export performance in foreign markets and how this ultimately interacts with strategic considerations and the propensity to take risks.  The findings of the study showed that export performance is positively influenced by incremental innovation and risk preference and that there is a relationship between innovation and export performance.  These findings contribute to the question whether classical internationalization theories such as the Uppsala Internationalization Model and the Innovation-related Model, can be applied in contingency situations of economic crisis.

Author Biographies

Maurizio Massaro, Udine University

Arthur Rubens, Florida Gulf Coast University

Professor of Management

Lutgert College of Business

Carlo Bagnoli, Ca’ Foscari University of Venice

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Published

2017-04-25

How to Cite

Massaro, M., Rubens, A., Bardy, R., & Bagnoli, C. (2017). Antecedents to Export Performance and How Italian and Slovanian SME’s Innovate During Times of Crisis. Journal of Eastern European and Central Asian Research (JEECAR), 4(1), 22. https://doi.org/10.15549/jeecar.v4i1.153