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The birth of new HGEs: internationalization through new digital technologies

  • Dades identificatives

    Identificador: imarina:9216738
    Autors:
    Teruel, MercedesCoad, AlexDomnick, ClemensFlachenecker, FlorianHarasztosi, PeterJaniri, Mario LorenzoPal, Rozalia
    Resum:
    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.
  • Altres:

    Autor segons l'article: Teruel, Mercedes; Coad, Alex; Domnick, Clemens; Flachenecker, Florian; Harasztosi, Peter; Janiri, Mario Lorenzo; Pal, Rozalia;
    Departament: Economia
    Autor/s de la URV: Teruel Carrizosa, Mercedes
    Paraules clau: United kingdom Trade Technology transfer Smes Sample selection bias Productivity Market orientation Internet Internationalisation International activities Innovation Impact High-growth firms High growth Hge Group surveys Geography Firm growth Fdi Export Digital technologies
    Resum: 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.
    Àrees temàtiques: Management General o multidisciplinar General engineering Engineering (miscellaneous) Engineering (all) Economia Ciencias sociales Business and international management Accounting
    Adreça de correu electrònic de l'autor: mercedes.teruel@urv.cat
    Identificador de l'autor: 0000-0002-4104-7679
    Data d'alta del registre: 2024-08-31
    Versió de l'article dipositat: info:eu-repo/semantics/acceptedVersion
    Enllaç font original: https://link.springer.com/article/10.1007/s10961-021-09861-6
    URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
    Referència a l'article segons font original: Journal Of Technology Transfer. 47 (3): 804-845
    Referència de l'ítem segons les normes APA: Teruel, Mercedes; Coad, Alex; Domnick, Clemens; Flachenecker, Florian; Harasztosi, Peter; Janiri, Mario Lorenzo; Pal, Rozalia; (2022). The birth of new HGEs: internationalization through new digital technologies. Journal Of Technology Transfer, 47(3), 804-845. DOI: 10.1007/s10961-021-09861-6
    DOI de l'article: 10.1007/s10961-021-09861-6
    Entitat: Universitat Rovira i Virgili
    Any de publicació de la revista: 2022
    Tipus de publicació: Journal Publications
  • Paraules clau:

    Accounting,Business and International Management,Engineering (Miscellaneous),Management
    United kingdom
    Trade
    Technology transfer
    Smes
    Sample selection bias
    Productivity
    Market orientation
    Internet
    Internationalisation
    International activities
    Innovation
    Impact
    High-growth firms
    High growth
    Hge
    Group surveys
    Geography
    Firm growth
    Fdi
    Export
    Digital technologies
    Management
    General o multidisciplinar
    General engineering
    Engineering (miscellaneous)
    Engineering (all)
    Economia
    Ciencias sociales
    Business and international management
    Accounting
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