The birth of new HGEs: internationalization through new digital technologies.
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| Authors: | Teruel, Mercedes1 (AUTHOR) mercedes.teruel@urv.cat, Coad, Alex2 (AUTHOR), Domnick, Clemens3 (AUTHOR), Flachenecker, Florian4,5 (AUTHOR), Harasztosi, Peter6 (AUTHOR), Janiri, Mario Lorenzo4 (AUTHOR), Pal, Rozalia6 (AUTHOR) |
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| Source: | Journal of Technology Transfer. Jun2022, Vol. 47 Issue 3, p804-845. 42p. |
| Subject Terms: | *Globalization, Digital technology |
| Geographic Terms: | United Kingdom |
| Abstract: | This paper explores the relationship between new digital technologies, internationalisation activity and its impact on High Growth Enterprises (HGEs), using the EIB Group Survey of Investment and Investment Finance and ORBIS data for 27 EU Member States and the United Kingdom. After controlling for sample selection bias, our results suggest that being a HGE is positively associated with the probability that a firm conducts international activities, particularly FDI. Conversely, the internationalisation process seems to trigger strong subsequent firm-growth only for FDI, not for exports. Furthermore, we show evidence on the positive association between firms that are internationalised and those adopting new digital technologies. The adoption of new digital technologies is indirectly related to the status of being a HGE via internationalisation activity in the current period. Our results highlight the complex influence of exporting and FDI on the capacity to become a HGE and the role of new digital technologies in this process. [ABSTRACT FROM AUTHOR] |
| Database: | Entrepreneurial Studies Source |
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| Header | DbId: ent DbLabel: Entrepreneurial Studies Source An: 157280485 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Teruel%2C+Mercedes%22">Teruel, Mercedes</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> mercedes.teruel@urv.cat</i><br /><searchLink fieldCode="AR" term="%22Coad%2C+Alex%22">Coad, Alex</searchLink><relatesTo>2</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Domnick%2C+Clemens%22">Domnick, Clemens</searchLink><relatesTo>3</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Flachenecker%2C+Florian%22">Flachenecker, Florian</searchLink><relatesTo>4,5</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Harasztosi%2C+Peter%22">Harasztosi, Peter</searchLink><relatesTo>6</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Janiri%2C+Mario+Lorenzo%22">Janiri, Mario Lorenzo</searchLink><relatesTo>4</relatesTo> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Pal%2C+Rozalia%22">Pal, Rozalia</searchLink><relatesTo>6</relatesTo> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Technology+Transfer%22">Journal of Technology Transfer</searchLink>. Jun2022, Vol. 47 Issue 3, p804-845. 42p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Globalization%22">Globalization</searchLink><br /><searchLink fieldCode="DE" term="%22Digital+technology%22">Digital technology</searchLink> – Name: SubjectGeographic Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22United+Kingdom%22">United Kingdom</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: This paper explores the relationship between new digital technologies, internationalisation activity and its impact on High Growth Enterprises (HGEs), using the EIB Group Survey of Investment and Investment Finance and ORBIS data for 27 EU Member States and the United Kingdom. After controlling for sample selection bias, our results suggest that being a HGE is positively associated with the probability that a firm conducts international activities, particularly FDI. Conversely, the internationalisation process seems to trigger strong subsequent firm-growth only for FDI, not for exports. Furthermore, we show evidence on the positive association between firms that are internationalised and those adopting new digital technologies. The adoption of new digital technologies is indirectly related to the status of being a HGE via internationalisation activity in the current period. Our results highlight the complex influence of exporting and FDI on the capacity to become a HGE and the role of new digital technologies in this process. [ABSTRACT FROM AUTHOR] |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1007/s10961-021-09861-6 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 42 StartPage: 804 Subjects: – SubjectFull: Globalization Type: general – SubjectFull: Digital technology Type: general – SubjectFull: United Kingdom Type: general Titles: – TitleFull: The birth of new HGEs: internationalization through new digital technologies. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Teruel, Mercedes – PersonEntity: Name: NameFull: Coad, Alex – PersonEntity: Name: NameFull: Domnick, Clemens – PersonEntity: Name: NameFull: Flachenecker, Florian – PersonEntity: Name: NameFull: Harasztosi, Peter – PersonEntity: Name: NameFull: Janiri, Mario Lorenzo – PersonEntity: Name: NameFull: Pal, Rozalia IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 06 Text: Jun2022 Type: published Y: 2022 Identifiers: – Type: issn-print Value: 08929912 Numbering: – Type: volume Value: 47 – Type: issue Value: 3 Titles: – TitleFull: Journal of Technology Transfer Type: main |
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