An Increasing Role for Small Business in New Zealand

Hamilton, Robert T.; Dana, Léo Paul

doi:10.1111/1540-627x.00090

Cited by 32 publications

(23 citation statements)

References 5 publications

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“…New Zealand has a small economy, in which small businesses play a vital role (Hamilton and Dana, 2003). A shortcoming, however, is the lack of scale economies, and a solution to this involves industry clusters, which are attracting worldwide attention amongst those involved in economic development.…”

Section: Introductionmentioning

confidence: 99%

On the crest of a wave: the New Zealand boat-building cluster

Chetty¹

2004

IJESB

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This paper uses qualitative research to study how the New Zealand boat-building cluster evolved and how world-class competitive capabilities developed within this cluster. Porter's cluster theory is tested in this paper and the findings confirm most of his determinants of a cluster. The main contribution of this paper, however, is that it identifies additional determinants of competitive advantage within this cluster. Two such determinants are the drive for internationalisation and the role of entrepreneurs in developing the cluster. In contrast to the existing literature, the paper shows how internationalisation contributed to the development of the cluster rather than the reverse. It was through the process of internationalisation that firms started to specialise and differentiate their products and to appreciate the benefits of collaborating with each other as they tried to enter and expand in international markets. In addition, this study confirms the important role played by entrepreneurial leaders within the industry who acted as catalysts to develop this cluster.

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Section: Introductionmentioning

confidence: 99%

On the crest of a wave: the New Zealand boat-building cluster

Chetty¹

2004

IJESB

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“…Extensive and far-reaching deregulation and liberalisation initiated in 1984 transformed the New Zealand economy into one of the most open in the world (Hamilton and Dana, 2003;Chetty and Campbell-Hunt, 2004a), and placed enormous pressures on local companies to compete at international standards -both at home and abroad -without the protection of trade barriers and subsidies. The challenges of a small domestic market and distance from larger markets faced by firms internationalising from New Zealand continue to be compounded by a heavy reliance on natural resource-based industries and limited availability of capital (Bowen, Haworth and Wilson, 2003;Gawith, 2002;McKee, 2003).…”

Section: The New Zealand Experiencementioning

confidence: 99%

Models of internationalisation: the New Zealand experience

Scott‐Kennel

2013

IJBG

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This paper examines the models of internationalisation adopted by thirty firms from New Zealand. Analysis of the international model is based on five key dimensions: firm sector and size; international market scope; market entry and servicing strategies; and speed of internationalisation. Drivers and constraints to internationalisation are also considered in the analysis. Evaluation of these dimensions over time finds evidence of both traditional "stages" and emergent "born (again) global" models of internationalisation, and reveals that over one third of these firms experience dramatic change to their international activities and resources initiated by divestment or change of ownership. We refer to the alternative internationalisation trajectory adopted by these firms as the "transformational" model of internationalisation. The paper makes a contribution to the extant literature by providing synthesis of the New Zealand internationalisation and by building on our understanding of how patterns of internationalisation from a small open economy are changing in response to global environmental pressures.

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“…Sadler and Chetty (2000) found New Zealand exporters influenced by business networks. Hamilton and Dana (2003) provided an overview of small business in New Zealand.…”

Section: Related Literaturementioning

confidence: 99%