“…Cultural differences may have important implications regarding SMEs' networking behaviour. For example, SMEs in emerging economies, such as China, Brazil, and India use personal connections (i.e., guanxi in China) to conduct business and understand economic transactions (Park & Luo, 2001;Redding & Hsiao, 1990). Second, this study assumes that internationalisation is based on the accumulation of resources originating from networks, but the process might be much more complex (Manolova et al, 2010).…”