Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/11328/2705 |
Resumo: | The objective of this paper is to empirically examine the relationship between the firms’ degree of internationalization and their financial performance. The literature about performance determinants is abundant however the relation between performance and internationalization in the context of Small and Medium Enterprises (SMEs) from a small and open economy is much less studied. This paper is focused on the Portuguese textile and wearing firms due to their importance for the economy. It is used an unbalanced panel data of 638 firms for the period from 2010 to 2016 and applied a random effects model. The results indicate that internationalization promotes firm performance, in particular when exports are directed to closer markets and conducted by small firms. Also, the presence of a non-linear relationship between internationalization and performance calls for managers’ attention to its dysfunctional consequences for firm performance, especially at intermediate levels of internationalization. |
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Internationalization effects on performance: the case of the Portuguese textile and apparel SMEsInternationalizationFinancial performanceExport marketsSMEsPanel-data methodologyTextile and wearing industryThe objective of this paper is to empirically examine the relationship between the firms’ degree of internationalization and their financial performance. The literature about performance determinants is abundant however the relation between performance and internationalization in the context of Small and Medium Enterprises (SMEs) from a small and open economy is much less studied. This paper is focused on the Portuguese textile and wearing firms due to their importance for the economy. It is used an unbalanced panel data of 638 firms for the period from 2010 to 2016 and applied a random effects model. The results indicate that internationalization promotes firm performance, in particular when exports are directed to closer markets and conducted by small firms. Also, the presence of a non-linear relationship between internationalization and performance calls for managers’ attention to its dysfunctional consequences for firm performance, especially at intermediate levels of internationalization.2019-05-17T10:34:10Z2019-05-172019-05-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfPacheco, L. M. (2019). Internationalization effects on performance: The case of the Portuguese textile and apparel SMEs. Journal of Textile and Apparel, Technology and Management, 11(1), 1-15. Disponível no Repositório UPT, http://hdl.handle.net/11328/2705http://hdl.handle.net/11328/2705Pacheco, L. M. (2019). Internationalization effects on performance: The case of the Portuguese textile and apparel SMEs. Journal of Textile and Apparel, Technology and Management, 11(1), 1-15. Disponível no Repositório UPT, http://hdl.handle.net/11328/2705http://hdl.handle.net/11328/2705eng1533-0915http://creativecommons.org/licenses/by-nc-sa/4.0/info:eu-repo/semantics/openAccessPacheco, Luís Miguelreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-16T02:09:42Zoai:repositorio.upt.pt:11328/2705Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:40:32.883492Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs |
title |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs |
spellingShingle |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs Pacheco, Luís Miguel Internationalization Financial performance Export markets SMEs Panel-data methodology Textile and wearing industry |
title_short |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs |
title_full |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs |
title_fullStr |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs |
title_full_unstemmed |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs |
title_sort |
Internationalization effects on performance: the case of the Portuguese textile and apparel SMEs |
author |
Pacheco, Luís Miguel |
author_facet |
Pacheco, Luís Miguel |
author_role |
author |
dc.contributor.author.fl_str_mv |
Pacheco, Luís Miguel |
dc.subject.por.fl_str_mv |
Internationalization Financial performance Export markets SMEs Panel-data methodology Textile and wearing industry |
topic |
Internationalization Financial performance Export markets SMEs Panel-data methodology Textile and wearing industry |
description |
The objective of this paper is to empirically examine the relationship between the firms’ degree of internationalization and their financial performance. The literature about performance determinants is abundant however the relation between performance and internationalization in the context of Small and Medium Enterprises (SMEs) from a small and open economy is much less studied. This paper is focused on the Portuguese textile and wearing firms due to their importance for the economy. It is used an unbalanced panel data of 638 firms for the period from 2010 to 2016 and applied a random effects model. The results indicate that internationalization promotes firm performance, in particular when exports are directed to closer markets and conducted by small firms. Also, the presence of a non-linear relationship between internationalization and performance calls for managers’ attention to its dysfunctional consequences for firm performance, especially at intermediate levels of internationalization. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-05-17T10:34:10Z 2019-05-17 2019-05-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
Pacheco, L. M. (2019). Internationalization effects on performance: The case of the Portuguese textile and apparel SMEs. Journal of Textile and Apparel, Technology and Management, 11(1), 1-15. Disponível no Repositório UPT, http://hdl.handle.net/11328/2705 http://hdl.handle.net/11328/2705 Pacheco, L. M. (2019). Internationalization effects on performance: The case of the Portuguese textile and apparel SMEs. Journal of Textile and Apparel, Technology and Management, 11(1), 1-15. Disponível no Repositório UPT, http://hdl.handle.net/11328/2705 http://hdl.handle.net/11328/2705 |
identifier_str_mv |
Pacheco, L. M. (2019). Internationalization effects on performance: The case of the Portuguese textile and apparel SMEs. Journal of Textile and Apparel, Technology and Management, 11(1), 1-15. Disponível no Repositório UPT, http://hdl.handle.net/11328/2705 |
url |
http://hdl.handle.net/11328/2705 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
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1533-0915 |
dc.rights.driver.fl_str_mv |
http://creativecommons.org/licenses/by-nc-sa/4.0/ info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
http://creativecommons.org/licenses/by-nc-sa/4.0/ |
eu_rights_str_mv |
openAccess |
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application/pdf |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799134967487266816 |