Library Header Image
LSE Research Online LSE Library Services

Where angels fear to tread: internationalization of emerging country SMEs

Ketkar, Sonia and Acs, Zoltan J. (2013) Where angels fear to tread: internationalization of emerging country SMEs. Journal of International Entrepreneurship, 11 (3). pp. 201-219. ISSN 1570-7385

Full text not available from this repository.
Identification Number: 10.1007/s10843-013-0107-z


Based on institutional theory and risk perspectives, this study examines how the entrepreneurial orientation of firms as determined by national cultural factors is related to the internationalization of small- and medium-sized enterprises (SMEs) from emerging and developing countries. We also suggest that institutional improvements can have a moderating effect on the relationship between culture and internationalization. We develop a unique measure of internationalization and test it on a sample of 7,212 SMEs from 36 developing countries using a multilevel linear hierarchical model that allows us to examine both firm- and country-level effects. We find that developed institutions support the internationalization of SMEs from more masculine and individualistic cultures.

Item Type: Article
Official URL:
Additional Information: © 2013 Springer Science+Business Media
Divisions: Management
Subjects: H Social Sciences > HB Economic Theory
JEL classification: D - Microeconomics > D0 - General
Date Deposited: 09 Apr 2014 10:01
Last Modified: 16 May 2024 01:44

Actions (login required)

View Item View Item