Exploring the influence of risk management capabilities on SMEs’ export intentions: a cross-country analysis

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F24%3AN0000022" target="_blank" >RIV/04130081:_____/24:N0000022 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/61384399:31130/24:00060236

Výsledek na webu

<a href="https://link.springer.com/article/10.1007/s11365-024-00978-2" target="_blank" >https://link.springer.com/article/10.1007/s11365-024-00978-2</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/s11365-024-00978-2" target="_blank" >10.1007/s11365-024-00978-2</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Exploring the influence of risk management capabilities on SMEs’ export intentions: a cross-country analysis

Popis výsledku v původním jazyce

Although small and medium-sized enterprises (SMEs) play a vital role in countries’ entrepreneurship and export activities, their lack of financial assets and human resources makes them more vulnerable to difficult-to-control external risks, including financial, legal, and market risks. Since the exposure to these risks might reduce their willingness to export, SMEs’ risk management capabilities included in the dynamic capabilities of Resource-based View (RBV) might enable them to reduce their exporting concerns and stimulate their entrepreneurial spirit. In this regard, this paper purposes to investigate the impacts of financial, legal, and market risk management capabilities on export intentions of SMEs. The effects of risk management capabilities on the export intention of SMEs might differ depending on the countries where SMEs operate because locally specific government bureaucracy, documentation, standards, regulations, and cultural values make companies face various circumstances that might differently affect their management of multiple risk factors and export entrepreneurship. Thus, this paper also aims to determine whether the effects of risk management capabilities on the export intention of SMEs differ depending on their country of origin. In line with the research aims, this paper employs the Binary Logistic Regression Test to analyze 1221 SMEs in various countries. The results indicate that while financial risk management does not have any significant impacts on the export intention of SMEs, the effects of legal and market risk management on export intention differ depending on SMEs’ country of origin. This paper explains the reasons for those results by the institutional factors.

Název v anglickém jazyce

Exploring the influence of risk management capabilities on SMEs’ export intentions: a cross-country analysis

Popis výsledku anglicky

Although small and medium-sized enterprises (SMEs) play a vital role in countries’ entrepreneurship and export activities, their lack of financial assets and human resources makes them more vulnerable to difficult-to-control external risks, including financial, legal, and market risks. Since the exposure to these risks might reduce their willingness to export, SMEs’ risk management capabilities included in the dynamic capabilities of Resource-based View (RBV) might enable them to reduce their exporting concerns and stimulate their entrepreneurial spirit. In this regard, this paper purposes to investigate the impacts of financial, legal, and market risk management capabilities on export intentions of SMEs. The effects of risk management capabilities on the export intention of SMEs might differ depending on the countries where SMEs operate because locally specific government bureaucracy, documentation, standards, regulations, and cultural values make companies face various circumstances that might differently affect their management of multiple risk factors and export entrepreneurship. Thus, this paper also aims to determine whether the effects of risk management capabilities on the export intention of SMEs differ depending on their country of origin. In line with the research aims, this paper employs the Binary Logistic Regression Test to analyze 1221 SMEs in various countries. The results indicate that while financial risk management does not have any significant impacts on the export intention of SMEs, the effects of legal and market risk management on export intention differ depending on SMEs’ country of origin. This paper explains the reasons for those results by the institutional factors.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL

ISSN

1554-7191

e-ISSN

1555-1938

Svazek periodika

20

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

28

Strana od-do

2369-2396

Kód UT WoS článku

001220298200001

EID výsledku v databázi Scopus

2-s2.0-85192741429