Strategic and Organizational Evolutions of High-Tech SME on Global Market
Abidi,O., Su, Z. and Mohiuddin, M., (2011), “Strategic and Organizational Evolutions of High-Tech SME on Global Market.”Chinese Business Review. 10(5): 327-339. USA.
13 Pages Posted: 10 Oct 2010 Last revised: 2 Mar 2013
Date Written: May 1, 2011
The “OLI paradigm” of Dunning (1977) claims that firm internationalization is addressed toward the exploitation of home-based specific advantages. However, evidence shows that SMEs are increasingly internationalizing their activities in order to enrich their resource pool. In this regard, a reinterpretation of the OLI paradigm came out with a new perspective suggesting that “foreign direct investment” (FDI) is increasingly oriented toward asset augmentation. Correspondingly, the purpose of this theoretical paper is to suggest a set of principles that could inform on how global small and medium-sized enterprises grow in the international marketplace when investing abroad.
Keywords: SME, OLI, knowledge, exploitation, exploration
JEL Classification: M13
Suggested Citation: Suggested Citation