Articles producció científica> Economia

The birth of new HGEs: internationalization through new digital technologies

  • Identification data

    Identifier: imarina:9216738
    Authors:
    Teruel, MercedesCoad, AlexDomnick, ClemensFlachenecker, FlorianHarasztosi, PeterJaniri, Mario LorenzoPal, Rozalia
    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.
  • Others:

    Author, as appears in the article.: Teruel, Mercedes; Coad, Alex; Domnick, Clemens; Flachenecker, Florian; Harasztosi, Peter; Janiri, Mario Lorenzo; Pal, Rozalia;
    Department: Economia
    URV's Author/s: Teruel Carrizosa, Mercedes
    Keywords: United kingdom Trade Technology transfer Strengthen the means of implementation and revitalize the global partnership for sustainable development goals 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
    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.
    Thematic Areas: Management General o multidisciplinar General engineering Engineering (miscellaneous) Engineering (all) Economia Business and international management Accounting
    Author's mail: mercedes.teruel@urv.cat
    Author identifier: 0000-0002-4104-7679
    Record's date: 2024-11-23
    Papper version: info:eu-repo/semantics/acceptedVersion
    Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
    Papper original source: Journal Of Technology Transfer. 47 (3): 804-845
    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
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2022
    Publication Type: Journal Publications
  • Keywords:

    Accounting,Business and International Management,Engineering (Miscellaneous),Management
    United kingdom
    Trade
    Technology transfer
    Strengthen the means of implementation and revitalize the global partnership for sustainable development goals
    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
    Business and international management
    Accounting
  • Documents:

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