Human Capital and the Internationalisation of SMEs: A Systemic Literature Review

Korsakienė, Renata

doi:10.15678/eber.2019.070307

Cited by 23 publications

(18 citation statements)

References 79 publications

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“…For example, Mozas-Moral et al (2016) prove that the decision about internationalization itself depends on the entrepreneur's education. On the other hand, according to Buzavaite and Korsakiene (2019), business or technical education does not affect the propensity to export, but it definitely affects the intensity of export. Pinho et al (2015) confirm that the internationalization of small firms is more probable when entrepreneurs are better educated.…”

Section: Discussionmentioning

confidence: 99%

“…The existing research concen-trates more generally on human capital or dynamic capabilities (Domurath & Patzelt, 2019), which are undoubtedly related to the age (Lee, 2019). This direction of research is worth considering, even in the more complex human capital model considering its determinants, including age (Buzavaite & Korsakiene, 2019).…”

Section: Discussionmentioning

confidence: 99%

“…Thereby, by undertaking this research subject and the problem of the impact of demographics and the entrepreneur's traits on early internationalization, we would like to fill the visible research gap. The more so that Buzavaite and Korsakiene (2019), based on the overview of literature on human capital and internationalisation, showed that there is three times less research in the area of emerging and developing markets than in developed markets. It means that this article fills the second research gap -Poland being a country in Central Europe as a converting emerging market (Wach et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

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How do demographics and basic traits of an entrepreneur impact the internationalization of firms?

Wach

Głodowska

2021

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Research background: The theoretical basis of the study derives from the assumptions of international entrepreneurship combining theories of entrepreneurship and theories of international business. The identification of entrepreneurship determinants and attributes was based on the economic, socio ? cultural, as well as psychological approach to entrepreneurship. Purpose of the article: The aim of the article is to verify how demographic and basic traits of an entrepreneur affect the pace of the internationalization of firms from Poland. Methods: The study was based on CATI method. The article uses data collected on the basis of a study conducted on a sample of 355 companies from Poland. The research methods applied are a critical analysis of prior research, which allowed to identify the research gap and develop research hypotheses. In the empirical part, statistical methods were applied, including descriptive statistics and multidimensional regression. Findings & value added: The logistic regression estimation allows to confirm three hypotheses. With the age of the entrepreneur, the pace of internationalization of the firm increases. The pace of internationalization of the firm increases with the level of education of the entrepreneur. The fact that an entrepreneur belongs to a national minority increases the pace of the internationalization of the firm. Results of two-sample t-test confirm that firms whose entrepreneurs have higher entrepreneurial competences internationalize faster and earlier. The added value of the article is the combination of socio-demographic and psycho-cognitive characteristics of the entrepreneur with internationalisation. Applying this approach to a sample of firms from Poland (CEE market) contributes to research on international entrepreneurship in a thematic and geographical sense. The results of the study are of an applied nature. They can be addressed to many recipients: entrepreneurs, policymakers, educators, entities responsible for shaping and promoting entrepreneurship on both the micro and macro levels.

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Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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How do demographics and basic traits of an entrepreneur impact the internationalization of firms?

Wach

Głodowska

2021

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“…Nowadays, more authors draw their attention to exploring the growing internationalization of business activities associated with human capital and innovation. According to Buzavaite and Korsakiene (2019), research on international entrepreneurship considers the human capital theory as a significant theory in explaining the internationalisation of SMEs. The authors state that international activities of companies require appropriate resources and competencies and also add that human capital appears to be an important resource impacting the identification and exploitation of international opportunities.…”

Section: Literature Reviewmentioning

confidence: 99%

Availability of human capital and the development of the public infrastructure in the context of business activities of SMEs

Belás¹,

Kmecová²,

Čepel³

2020

RAMP

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The paper´s objective is to define significant technological factors in the areas of human capital availability and research and development affecting the quality of small and medium-sized enterprises (SMEs) and their business environment, and to quantify differences between the Czech Republic (CR) and the Slovak Republic (SR). Based on the objective, empirical research was conducted including data from 312 SMEs in the CR and 329 SMEs in the SR processed with the use of Chi-squared tests and Z-scores. The research showed differences in assessing defined technological factors between the CR and the SR, and also confirmed a low level of the assessed factors in both countries. Furthermore, overall satisfaction with the quality of secondary schools and universities is relatively low despite the fact that the research showed a higher level of satisfaction with the quality of university education in both countries. In the Czech Republic, entrepreneurs largely experience a shortage of skilled workforce, with this factor achieving the highest negative rating. The Slovak entrepreneurs most negatively assessed the level of state support of research and development. Moreover, the entrepreneurs´ overall level of satisfaction with the research and development infrastructure is relatively low, since only 23.08% of the Czech and 13.68% of the Slovak entrepreneurs agreed that the infrastructure is well built in their respective country. Similar results were also obtained in assessing state support of research and development. At the same time, it was found that research and development results help the entrepreneurs only to a limited extent, and the entrepreneurs in both countries are not very optimistic about future development of their business activities.

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“…it is not tradable (unlike structural capital), it is not owned by institutions employing personnel, because it is the result of the work of minds and depends on the skills of individual employees and the professional knowledge they generate (Shih et al, 2010). Literature analyzes concerning this capital are therefore usually conducted on two levels: individual or organizational (Buzavaite & Korsakiene, 2019). The right approach to human capital management and application of knowledge-based solutions ensure sustainable development of financial institutions, achieving high added value and reaching a constant strategic advantage on the market.…”

Section: Literature Reviewmentioning

confidence: 99%

Development of human capital in institutions from the Polish financial sector: Towards new technologies and agile business models

Grzeszczyk

2020

IER

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Human Capital and the Internationalisation of SMEs: A Systemic Literature Review

Cited by 23 publications

References 79 publications

How do demographics and basic traits of an entrepreneur impact the internationalization of firms?

How do demographics and basic traits of an entrepreneur impact the internationalization of firms?

Availability of human capital and the development of the public infrastructure in the context of business activities of SMEs

Development of human capital in institutions from the Polish financial sector: Towards new technologies and agile business models

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